Cancun deal opens door to CCS offset projects

Will Nichols
clock •

Accords pave way for carbon capture projects to earn credits under Clean Development Mechanism

The energy industry today welcomed news the Cancun Accords will allow carbon capture and storage (CCS) projects to be included in the UN's Clean Development Mechanism (CDM) offsetting scheme, hailing the...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

Will Nichols
Author spotlight

Will Nichols

View profile
More from Will Nichols

Intelligent Energy hails 'transformational' £1.2bn India fuel cell deal

The end of the beginning...

More on Politics

COP31: New global electrification, building energy efficiency, and waste targets proposed for Antalya Summit
Politics

COP31: New global electrification, building energy efficiency, and waste targets proposed for Antalya Summit

UN Climate Summit co-hosts Türkiye and Australia unveil plans for three new collective global goals they hope to secure at COP31 Summit

Michael Holder
Michael Holder
clock 09 June 2026 • 6 min read
Reports: DESNZ and DfT under pressure to deliver capital spending cuts
Politics

Reports: DESNZ and DfT under pressure to deliver capital spending cuts

Number 10 reportedly calling on departments across government to trim capital spending to fund increased Defence budget

James Murray
James Murray
clock 08 June 2026 • 4 min read
Powering on: How the UK can deliver a fair clean energy transition
Politics

Powering on: How the UK can deliver a fair clean energy transition

Our approach to energy and decarbonisation must start with a set of clear principles, writes former Energy and Climate Minister Charles Hendry

Charles Hendry
clock 05 June 2026 • 6 min read