Global CCS Institute

Announced by the Australian Government in September 2008, the Global CCS Institute was formally launched in April 2009. It became a legal entity in June 2009 when it was incorporated under the Australian Corporations Act 2001 as a public company and began operating independently as of July 2009. The Institute is a not-for-profit entity, limited by guarantee, and owned by its Members, with the Australian Government initially committing AU$100 million annual funding to the organisation for a four year period.

The Institute brings together the public and private sectors to build and share the know-how and expertise necessary to ensure that carbon capture and storage (CCS) can make a significant impact on reducing the world’s greenhouse gas emissions.

The Institute connects parties around the world to solve problems, address issues and learn from each other to accelerate the deployment of CCS projects by:

Sharing Knowledge
◦ Collecting information to create a central repository for CCS knowledge.
◦ Analysing and disseminating information to fill knowledge gaps and build capacity.

Fact-based Advocacy
◦ Using facts to inform and influence domestic and international low carbon policies.
◦ Supporting the commercialisation of CCS by advancing the understanding of appropriate funding and financing solutions and risk regimes.
◦ Increasing the awareness of the benefits of CCS and the role it plays within a portfolio of low carbon technologies.

Assisting Projects
◦ Bridging knowledge gaps between demonstration efforts.
◦ Developing project specific solutions particularly amongst early movers.

Specialties

Knowlege sharing, Advocacy, Research