Stage

Open for Public Consultation

Development ID#

M0286

Sectoral Scope

16. Carbon capture and storage

Status

Under Development

This proposed methodology framework applies to project activities involving carbon capture and storage (CCS) and is globally applicable. The methodology framework provides a set of modules for capture, transport and storage segments of a CCS project that can be combined, depending on the specific design of the CCS project or technologies implemented.

The CCS Methodology Framework includes multiple batches developed under separate development processes. This development process is for Batch 2 and includes:

  • Module for CO2 Capture from Bioenergy Combustion
  • Module for CO2 Storage in Saline Aquifers and Depleted Hydrocarbon Reservoirs
  • Tool for Accounting Non-VCS CO2 in CCS Projects
  • Tool for Differentiating Reductions and Removals in CCS Projects

For reference, Batch 1 includes:

  • Methodology for Carbon Capture and Storage
  • Module for CO2 capture from air (Direct Air Capture or DAC)
  • Module for CO2 Transport
  • Module for CO2 Storage in Saline Aquifers

Summary of Development:

The proposed methodology framework was submitted by South Pole Carbon Asset Management Ltd (external) and Perspectives Climate Group (external) as part of the CCS+ Initiative (external). Batch 2 is currently at “Step 4: Public Stakeholder Consultation” of the VCS Methodology Development and Review Process, 4.3 (PDF).

Public comment

The consultation for Batch 2 is open from March 1, 2024 to April 15, 2024. Stakeholders are encouraged to submit feedback using the M0286 Comment Template (xlsx) to methodologies@verra.org.