This report analyses innovation activity, drawing on data on global patenting between 2000 and 2020, relevant for two CDR technologies: bioenergy with carbon capture and storage (BECCS) and direct air carbon capture and storage (DACCS) (geological CDR). Countries that have innovative strengths relevant for BECCS and DACCS — including transferable strengths from other sectors — could be attractive locations for early investments in relevant supply chains, enabling them to capture associated economic benefits. The authors find that while the US has been home to substantial patenting and deployment of relevant technologies to date, many European countries — such as France, Germany, the UK and the Netherlands — appear to be well specialised in geological CDR innovation. Other countries where there is evidence of innovative strength are well-spread geographically, located across the Americas, Europe, the Middle East and East Asia. Different countries demonstrate innovative strengths relevant for geological CDR in different ways, with opportunities available for them all in the innovation race ahead.
The innovation race on geological carbon removal: who is best placed to lead?
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Research theme(s)
Policy, business & governance
Policy, business & governance
Publication type
Report
Report
Author(s)
Esin Serin, Josh Burke, Siyu Feng, Maxwell Read, Ram Smaran Suresh Kumar
Esin Serin, Josh Burke, Siyu Feng, Maxwell Read, Ram Smaran Suresh Kumar
Publication date
July 9, 2025
July 9, 2025
Publisher
Grantham Research Institute on Climate Change and the Environment, London School of Economics and Political Science
Grantham Research Institute on Climate Change and the Environment, London School of Economics and Political Science