Professional Documents
Culture Documents
See New Term Coined Carbon Management
See New Term Coined Carbon Management
Main navigation
• Home
• Participants
• FAQ
Learn more
The Carbon Management Challenge (CMC) is a joint effort and call to action by countries
worldwide to accelerate the deployment of carbon capture, removal, use, and storage
technologies. Participating countries recognize that limiting warming to 1.5°C with
minimal overshoot requires a dramatic increase in the pace and scale of deployment of
carbon management technologies and infrastructure.
Seventeen countries plus the European Commission have joined the CMC to-date, which
was launched at the April 2023 Major Economies Forum, to accelerate the scale up of
carbon capture, utilization and storage and carbon dioxide removal as necessary
complements to aggressive deployment of other zero-carbon technologies and energy
efficiency.
Global rates of carbon management deployment are far below those in modelled
pathways limiting global warming to 1.5°C or 2°C, according to recent analyses by
international authorities. The science is clear that even as we strive for deep
decarbonization and to scale renewable energy and energy efficiency, carbon
management at gigaton scale -- that is, collectively managing 1Gt or more of CO2
annually, achieved as soon as possible – will play a vital role in addressing our
shared climate challenge.
To put the scale of the challenge ahead of us in clearer terms, the current inventory of
carbon management projects in operation globally are only mitigating 0.05 Gt of CO2
annually – a tiny of fraction of the amount scientists say is necessary. We cannot bridge
this gap without significant public and private leadership right now.
Carbon management refers collectively to carbon capture, use, and storage, which
consists of capturing carbon dioxide emissions at a source such as an industrial facility,
and carbon dioxide removal, which removes already emitted carbon directly from the
atmosphere. In both approaches, the carbon is used in products and/or permanently and
safely stored in a way that prevents it from being released.
Removing carbon dioxide directly from the atmosphere through technological approaches
is required to counterbalance unavoidable greenhouse gas emissions from sectors such
as agriculture and aviation, where it may be too challenging to completely decarbonize.
Advancing these carbon capture and carbon removal pathways responsibly will require
robust monitoring, reporting and verification systems; prioritizing meaningful public
participation; and maximizing safety and co-benefits for surrounding communities.
Participating governments may choose to take action, under the auspices of the Carbon Management Challenge, such as in the following ways:
• Advocate for advancing policies and efforts that support carbon management
technology and infrastructure development.
• Participate in multilateral initiatives such as the MI CDR Mission, MI Net Zero
Industries Mission, CEM Industrial Deep Decarbonization Initiative, and CEM
CCUS Initiative.
Developing Policy:
• Provide resources and funding for carbon management initiatives, including for
CO2 transport and storage infrastructure hubs and measurement, monitoring,
reporting and verification.
• Expand incentives for carbon capture, use, and storage and/or carbon removal
projects.
• Improve permitting of CO2 storage and transport projects.
• Establish comprehensive legal and regulatory frameworks for carbon capture,
use, and storage and/or carbon removal projects.
• Home
• Web Policies
• Privacy
• Accessibility
• Vulnerability Disclosure Program