Thank you very much for many of your participation at the Japan CCS forum 2022 held on December 1, 2022.
All presentations at the forum are available here, and the video recording will also be available soon on this page.
Welcome Message from the organizer
|In 2022 we have seen yet another year of significant growth in the deployment of CCS. It is becoming increasingly clear and widely accepted that, without CCS, reaching our shared climate goals is practically impossible.
As governments around the world do the necessary work to map a path to net-zero, CCS continues to arise as a necessary to decarbonisation. Accordingly, governments have strengthened the business case for CCS, implementing a range of policies to incentivise deployment. Companies have embraced these policies and CCS is now being developed on an unprecedented scale. The Institute recently released the Global Status of CCS 2022, highlighting that there are now over 190 facilities in the project pipeline.
While the US and Europe are leading on climate, the recent acceleration of CCS across the Asia Pacific region has been encouraging. For its part, Japan continues to play an important role in regional CCS deployment, convening strategic partnerships, driving the utilisation of clean fuels like hydrogen, and developing new technologies. The development of a long-term CCS roadmap will only further the technology suites adoption.
Although the outlook for CCS has never been more optimistic, global efforts to reduce emissions are still inadequate. Urgent, broad, and large-scale CCS deployment will largely be the product of policy settings that attract private capital.
The Global CCS Institute looks forward to welcoming you to the Japan CCS Forum 2022, where we’ll explore CCS policy and financing.
|Global CCS Institute
＜Overview of the forum＞
|“Japan CCS Forum 2022”
|December 1, 2022 (Thu) 10:00～17:00 for the forum and
17:30～19:00 for the Networking reception in Japan standard time
|Global CCS Institute （GCCSI)
|Japan Coal Frontier Organization (JCOAL), Japan Oil, Gas and Metals National Corporation (JOGMEC)、
|Research Institute of Innovative Technology for the Earth (RITE) and Japan CCS Co,. Ltd. (JCCS)
|Bel Salle Toranomon, 2F, Sumitomo Fudosan Toranomon Tower, 2-2-1, Toranomon, Minato-ku, Tokyo (Access)
|Up to 100 seats at the venue and 900 online registration at the Forum
|Up to 40 persons at Networking Reception → Registration has been closed as we have reached capacity.
|English and Japanese, Simultaneous interpretation service is provided at the site and though ZOOM Interpretation function for online participants.
|Free for the Forum and 3,000 JPY for the Networking Reception (local payment)
→ ZOOM Webinar Registration：Link
1. The roles of finance and incentives in accelerating the commercial deployment of CCS
2. Update on the global CCS overview (Global, Middle East, China)
Background and Objectives
There is a growing understanding in many regions of the world that CCS is essential to achieve net-zero targets. This has meant positive momentum and growing support for CCS. More than 130 countries worldwide have set, or are considering, net-zero targets by mid-century, and about 80% of the long-term strategies submitted to the UNFCCC acknowledge the role of CCS.
Due to the enhancement of policy support in the United States and Europe in particular, the investment climate for CCS has significantly improved. Many businesses, regional communities, and financial institutions have set net-zero targets in response to the demands of the public and its shareholders, and governments and industry leaders are aware that the net-zero targets cannot be achieved without incorporating an appropriate proportion of CCS in their GHG emissions reduction targets. Japan is considering the development of a long-term CCS roadmap to achieve its carbon neutrality by 2050 and has set a quantitative target for CCS implementation. Public-private partnerships have been established towards this end.
It is important to stimulate investment and to introduce incentives to promote the commercial deployment of CCS. The recognition of risks and responsibilities based solely on technical solutions may not always coincide with that of private-sector financial institutions and insurance companies. It is crucial for CCS stakeholders to deepen their understanding from different perspectives across the finance sector’s approach toward CCS investment, particularly with regard to investment risk, long-term liability, and investment conditions, and to discuss solutions. The Japan CCS Forum 2022 will further these discussions, focusing on financing and incentives across the whole CCS value chain.
＜Agenda in draft＞
The recording video will be uploaded to this page after the event.
We share the handout and video recordings which we have obtained permission to disclose from the speaker through this site.
|Remarks by Hiroshi Nambo, Branch Representative – Japan, Global CCS Institute
《Recording》Openings to Keynote 3
Director for CCUS Policy
The Agency for Natural Resources and Energy (ANRE)
Ministry of Economy, Trade and Industry (METI)
|“Japan’s CCUS policy”
Project Manager, Green Innovation Fund Project CO2 Separation and Capture Environment Department,
New Energy and Industrial Technology Development Organization（NEDO）
|”Technology Development of CCUS toward Carbon Neutral by NEDO”
New Special Advisor to the President on ERIA
Energy Affairs Economic Research Institute for ASEAN and East Asia (ERIA)
|“Asia CCUS Network as a Platform of CCS/CCUS Development
and Deployment in Asia Region”
《Recording》Presentation 4 to Presentation 6
|Presentation 4 (Organizer’s speech)
Global CCS Institute
|“Global Status of CCS 2022”
|Dr. Mohammad Abu Zahra
Head of Middle East North Africa Region
Global CCS Institute
|“Status of CCS in the MENA Region“
|Dr. Xiaoliang Yang
Country Manager China
Global CCS Institute
|“Status of CCUS Development in China“
《Recording》Presentation 7 to Presentation 10
|Dr. Keigo Akimoto
Research Institute of Innovative Technology for the Earth (RITE)
|“The role of CCS and the challenges for the large deployments”
|Dr. Sakura Nishioka
|”JOGMEC’s initiatives for Carbon Capture and Storage
deployment : For climate change mitigation and energy security”
International Emissions Trading Association (IETA）
|”Trends and activities to develop common standards for Carbon Markets ”
Deputy Manager, Commercial Lines Marketing Dept.
Green Transformation Task Force
Tokio Marine & Nichido Fire Insurance Co., Ltd. (Tokio Marine)
|“Risks and Insurance of CCS”
《Recording》Panel discussion to Closing remarks
|Moderator：Jarad Daniels（CEO, Global CCS Institute）
|Short Presentation by Yukimi Nishimura, MUFG Bank
|Masaki Nemoto, Japan Bank for International Cooperation(JBIC)
|Takashi Morishima, IETA
|Dr. Sakura Nishioka, JOGMEC
|Masayuki Kobayashi, Tokio Marine
|Ryo Yamasaki, Mizuho Bank, Ltd.
|Yukimi Shimura, MUFG Bank, Ltd.
|Dr. Mohammad Abu Zahra, GCCSI
|Dr. Xiaoliang Yang, GCCSI
|Open the registration for the Networking Reception.
|Networking Reception (～19:00)
|Global CCS Institute Japan OfficeEmail：Japan.Events@globalccsinstitute.com