A New Global Framework for Clean Energy Technology Deployment Under the Paris Agreement : The Role of Carbon Capture and Storage (Ccs) in a Future Global Carbon Market

This paper examines the detailed provisions on clean energy technology deployment under the United Nations Framework Convention on Climate Change (UNFCCC), with a particular focus on the design of international cooperation under Article 6 of the 2015 Paris Agreement and on the critical role of carbon capture and storage technologies (CCS) in meeting the climate goals of the Agreement. It is organized as follows:A first introductory section sets the scene for the deployment of clean energy technologies under the Paris Agreement.A second section examines the nature and dynamics of technological innovation and clean energy technology deployment, with an emphasis on multidimensional, context-sensitive characteristics, including drivers and inhibitors. A third section considers the potential for Article 6 to be a game-changer for clean technology deployment that can connect low-carbon policies and mechanisms worldwide, under a common blueprint. It looks at lessons learnt from the Clean Development Mechanism (CDM) and at the challenges of designing rules under Article 6 that effectively incentivize clean technology deployment, from both a technical and institutional governance perspective. A fourth and concluding section looks at perspectives for the effective deployment of CCS under Article 6 and at the role of supply side policies in mitigating GHG emissions worldwide in the context of current international cooperation challenges and dynamics and future G20 and UNFCCC events