Abstract
This KAPSARC commentary focuses on the role of CCS within the market mechanisms defined in Article 6 of the Paris Agreement. It discusses how related technologies fit under Article 6 and examines the current progress in implementing this article. The analysis draws insights from the CCS-specific provisions of the Clean Development Mechanism (CDM), which is part of the Kyoto Protocol and aimed to facilitate carbon dioxide (CO2) emission reduction projects in developing countries. These provisions are revisited as a foundational reference, offering a valuable perspective into the methods and processes necessary for integrating CCS into the market mechanisms of the Paris Agreement. The commentary concludes with an assessment of the next necessary steps to enable the development of CCS crediting projects under Article 6.
