WES: Carbon capture, utilization and storage: Lessons from Iceland

This webinar took place on 24 May 2022. To be notified of future events please register here. 

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Carbon capture, utilization and storage

This session will explore Iceland’s approach to carbon capture, exploring the current progress of its plants. It will also focus on how Iceland’s experience can inform other countries looking to develop carbon management strategies.

According to International Energy Agency (IEA), more than six million tonnes of carbon dioxide (CO2) must be captured each year to reach the UN’s climate change targets. If we are to reach net zero by mid-century, it’s no longer enough to simply mitigate emissions. 

This session will explore the Iceland’s approach to carbon capture, exploring the current progress of its plants. it will also focus on how Iceland’s experience can inform other countries looking to develop carbon management strategies. It will showcase an insight into cutting edge thought leadership from two leading Icelandic enterprises, Carbfix and Carbon Recycling International.

Ahead of COP27

Ahead of COP27, climate dialogues must increasingly focus on the actionable and practicable policy for economically advantageous net-zero roadmaps. Without this, COP27 will fail to deliver a long-lasting momentum behind decarbonisation. As the recent IPCC report has reminded us, we cannot afford this.

This event forms part to our Pathway to COP27 series, which seeks to provoke discussion on the underrepresented or misrepresented elements of the debate on the transition to net-zero. To view the previous events in the series, including with the Ambassador of France, The Lord Mayor of London and the Chief Financial Officer of the World Bank, please click here.  

Speakers:

• H.E. Sturla Sigurjonsson, Ambassador of Iceland
• Kristinn I. Larusson, Head of Business Development, Carbfix
• Omar Sigurbjornsson, Carbon Recycling International

Chair:

• Rt Hon Chris Skidmore, MP