The Asian Development Bank (ADB) strives to facilitate a sustainable low-carbon future for Asia and the Pacific within the next half of this century. Analyzing the potential of carbon capture, utilization, and storage (CCUS) to secure that low-carbon environment, this compendium highlights 11 CCUS technologies and enablers—most of which are ready for mass deployment. It explores how CCUS can enhance sustainable energy security and compliance with international commitments, as well as decarbonizing industries—with relatively low disruptions to existing operations. Featuring technical, economic, and financial insights, the publication encourages collaborations between ADB members and stakeholders to develop such technologies.

This compendium showcases new and innovative low carbon technologies that have potential to be deployed in Asia and the Pacific. It features 10 technologies for capturing, utilizing, or storing carbon dioxide. The key aspects of these technologies are discussed together with their advantages and status of development and commercialization. The compendium aims to contribute to low carbon development in the region by promoting further research, innovation, and investment in emerging technologies.

Climate change is a huge challenge to humanity in the 21th century. In view of China’s recent pledge to the international community to peak carbon emissions before 2030 and achieve carbon neutrality by 2060, this book examines climate mitigation and adaptation efforts in China through the prism of the steel sector, and it does so from three interrelated perspectives, i.e., policy, technology, and market. The book argues that in developing the country’s strategy towards green growth, over the years there has been a positive and interactive relationship between China’s international commitments and domestic agenda setting in mitigation and adaptation to the impact of climate change. To illustrate China’s efforts, two special areas, i.e., carbon capture, utilization and storage (CCUS) and emissions-trading system (ETS), have received focused examination. Along the spectrum of low-carbon, zero-carbon, and negative-carbon strategies, this study ends with a simulation model which outlines different policy scenarios, challenges, and uncertainties, as China moves further on, trying to achieve carbon neutrality in 2060. The book will be of interest to scholars, policy-makers, and business executives who want to understand China’s growing role in the world.

This report was produced under the Technical Assistance Grant: Determining the Potential for Carbon Capture and Storage (CCS) in Southeast Asia (TA 7575-REG), and is focused on an assessment of the CCS potential in Thailand, Viet Nam, and specific regions of Indonesia (South Sumatra) and the Philippines (Calabarzon). It contains inventories of carbon dioxide emission sources, estimates of overall storage potential, likely source-sink match options for potential CCS projects, and an analysis of existing policy, legal, and regulatory frameworks with a view toward supporting future CCS operations. The report also presents a comparative financial analysis of candidate CCS projects, highlights possible incentive schemes for financing CCS, and provides an actionable road map for pilot, demonstration, and commercial CCS projects.

This publication updates the 2015 carbon capture, utilization, and storage (CCUS) road map for the People’s Republic of China (PRC) developed by the Asian Development Bank (ADB) in consultation with the government of the PRC and other stakeholders. Reflecting changes in CCUS and low-carbon development targets in the PRC since 2015, it highlights the role of CCUS in decarbonizing hydrogen production from fossil fuels; CCUS-readiness of the cement and iron and steel industries; recommendations on CCUS deployment under the 14th Five-Year Plan; and implications for CCUS of the PRC’s ambition to achieve carbon neutrality by 2060.