Global investment in carbon capture and storage (CCS) almost doubled in 2023, reaching a record 11.33 billion U.S. dollars. Annual global investment in CCS projects and technologies has almost quadrupled since 2020. Despite this growth, CCS currently accounts for less than one percent of global investments in the energy transition.
Carbon capture and storage investment worldwide from 2018 to 2023
(in billion U.S. dollars)
Includes corporate research and development (R&D) funds for first phases of specific CCS projects, government R&D, and venture capital funding for direct-air-capture plants and point source technologies.
This statistic was compiled from multiple annual reports.
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BloombergNEF. (June 11, 2024). Carbon capture and storage investment worldwide from 2018 to 2023 (in billion U.S. dollars) [Graph]. In Statista. Retrieved November 18, 2024, from https://www.statista.com/statistics/1489995/carbon-capture-and-storage-global-investments-per-year/
BloombergNEF. "Carbon capture and storage investment worldwide from 2018 to 2023 (in billion U.S. dollars)." Chart. June 11, 2024. Statista. Accessed November 18, 2024. https://www.statista.com/statistics/1489995/carbon-capture-and-storage-global-investments-per-year/
BloombergNEF. (2024). Carbon capture and storage investment worldwide from 2018 to 2023 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: November 18, 2024. https://www.statista.com/statistics/1489995/carbon-capture-and-storage-global-investments-per-year/
BloombergNEF. "Carbon Capture and Storage Investment Worldwide from 2018 to 2023 (in Billion U.S. Dollars)." Statista, Statista Inc., 11 Jun 2024, https://www.statista.com/statistics/1489995/carbon-capture-and-storage-global-investments-per-year/
BloombergNEF, Carbon capture and storage investment worldwide from 2018 to 2023 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1489995/carbon-capture-and-storage-global-investments-per-year/ (last visited November 18, 2024)
Carbon capture and storage investment worldwide from 2018 to 2023 (in billion U.S. dollars) [Graph], BloombergNEF, June 11, 2024. [Online]. Available: https://www.statista.com/statistics/1489995/carbon-capture-and-storage-global-investments-per-year/
