Strengthened cooperation between Norway and Switzerland on CCS and CDR

‘There is an increased focus on carbon capture and storage and carbon dioxide removals and promising and rapid development, especially in Europe. This drives the industry forward. We need to facilitate long-term investment to enable the industry to take decisions and turn carbon capture and storage into a sustainable commercial market‘, says Minister of Energy, Terje Aasland.  

Today, the Minister of Energy had a video conferance with the Swiss Minister of Environment, Transport, Energy and Communications, Albert Rösti. In the meeting they signed a Declaration of Intent to strengthen cooperation on carbon capture and storage (CCS) and carbon dioxide removals (CDR) between Norway and Switzerland. The Ambassador of Switzerland to Norway, Nathalie Marti, attended the meeting together with the Minister of Energy and signed the Declaration on behalf of Switzerland. Next week there will be a Norwegian-Swiss CCS stakeholder event in Zurich which gathers stakeholders and industry.   

• The Declaration of Intent can be read here

 

Background

Both Norway and Switzerland have ambitious climate and energy policies to meet the goals of the Paris Agreement. For the world, and Europe, to reach the climate targets, many climate measures are needed, including CCS and CDR. Norway’s support for carbon capture and storage encompasses a wide range of activities, from research and development to full-scale demonstration and international cooperation to promote CCS. In the last few years, Norway and Switzerland have strengthened their cooperation on CCS and CDR.