Release
The Carbon Sequestration Leadership Forum (CSLF) held its annual meeting in Cape Town, South Africa, from 13-16 April. Established five years ago, CSLF is the leading intergovernmental organization focusing on the development and early deployment of cost-effective technologies for Carbon Capture and Storage (CCS). The meeting in Cape Town was attended by more than 130 delegates from 21 CSLF Member Countries and six international organizations. WEC was represented by Hardiv Situmeang, Chair of WEC Indonesia; Norman Ndaba, WEC South Africa, who participated in the Stakeholders panel on CCS Financing; and Elena Nekhaev, WEC Director of Programs, who organized and moderated the Stakeholders panel. Anil Razdan, Secretary of Power of India and Chair of WEC India, led the Indian delegation and reported on the activities of the CSLF Financial Issues Task Force, which he chairs. The message coming from major developing countries emphasizes the need for large-scale CCS demonstration projects and for financing solutions which can help fund deployment of CCS technologies in developing countries.
Delegates to the meeting agreed to establish policy priorities which will help advance a wide deployment of CCS technologies; these will be recommended to the next CSLF Energy Ministerial to be held in London at the end of 2009. Other agreements reached at the meeting in Cape Town include an update of the CSLF roadmap; development of initiatives and projects to support strategies for removing the barriers for CCS deployment around the world; reinforcement of Capacity Building activities for the transfer of technologies, knowledge and experience of CCS to developing countries and emerging economies; and a closer integration of Stakeholders in setting and implementing the policy priorities, as Stakeholders are key players in the development, financing and deployment of CCS projects and technologies.
CCS technologies can help achieve significant reductions in CO2 emissions, in particular in large-scale operations for power generation or industrial processes. Safe geological storage of CO2 is a key success factor for acceptability and deployment of CCS, and a number of the demonstration projects recognized by CSLF can help quantify the storage potential of the best storage sites. Further information about CSLF and its activities is available at www.cslforum.org.
Source: World Energy Council