Coordinated mobilisation of public and private investment in greenhouse gas removal (GGR) technologies is key to developing the GGR capacity required for the UK to achieve its 2050 net-zero greenhouse gas emissions target. It is also vital to meeting the interim targets for engineered removals of 21.3 MtCO₂ by 2040 (CCC, 2025). However, current GGR market conditions are not yet conducive to attracting private capital into GGR deployment. Technological uncertainty, revenue uncertainty and the presence of an unstable market-led environment limit investor confidence and hinder the establishment of a GGR market. The policy interventions being developed by the UK government – namely the integration of GGR into the UK Emissions Trading Scheme (UK ETS) and the introduction of carbon contracts for difference (CCfDs) – are welcome. However, based on our analysis, they are insufficient to kick-start and support GGR deployment at the necessary scale and pace. New groups of policies which strategically reduce GGR investment risk and create a more stable environment are required. This policy brief assesses and outlines public-private collaborations (PPCs) as an important intervention to unlock private-sector investment as part of a wider GGR policy ecosystem.
Unlocking Private Investment for Greenhouse Gas Removal: Public-private collaboration and a technology-specific policy approach
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Research theme(s)
Policy, business & governance
Policy, business & governance
Publication type
Policy briefing/submission
Policy briefing/submission
Author(s)
Petra Bistričić, Aoife Brophy, Edoardo Taricco, Astha Wagle, Mark Workman
Petra Bistričić, Aoife Brophy, Edoardo Taricco, Astha Wagle, Mark Workman
Publication date
September 24, 2025
September 24, 2025
Publisher
CO2RE
CO2RE