INVEST-CDR: Financing and policy coordination for CO2 removal markets

The project investigates how carbon dioxide removal through carbon capture technologies (BECCS and DACCS) can be scaled up in the Nordic region by connecting technology, energy, and finance. It collaborates with key stakeholders and decision-makers to create new investment models that enable real and large-scale climate benefits.

The project's goal is to promote a large-scale and sustainable expansion of carbon dioxide removal methods BECCS and DACCS in the Nordic region to contribute to climate goals and achieve net negative emissions. By linking technical, economic, and societal perspectives, the project examines how investments, policy instruments, and market models can be designed to enable effective and fair carbon removal systems. The work is based on energy system modelling, economic analyses, and co-creative policy workshops involving researchers, energy companies, transport and storage actors, banks, investors, and public authorities.

IVL plays a leading role in project coordination, stakeholder analysis, environmental integrity assessments of the technology, and policy dialogues. The results will be used to provide practical recommendations for decision-makers and the industry on how carbon capture can be scaled up cost-effectively. By enabling large-scale removal and storage of carbon dioxide, the project contributes to the UN Global Goals SDG 7 (sustainable energy), SDG 9 (sustainable industry), and SDG 13 (climate action).