The Global CCS Institute (GCCSI) reports that stronger policy, rising investment, and collaboration are keeping CCS on track toward gigatonne-scale deployment. The recently published 2025 edition of the Institute’s flagship annual Global Status of CCS report, Staying the Course sees CCS as scaling up, supported by increasingly durable policy frameworks, increasing private sector engagement, and expanding global infrastructure.

According to the report, capture capacity in operation as at July 2025 measured a 25% year- on-year increase. Other progress signals noted in the report include the addition of 106 CCS facilities to the project pipeline since the publication of the 2025 Global Status of CCS report. Moreover, there are indications that carbon management is entering a new phase of financial maturity, increasing certainty for industry and investors, and steadily removing barriers to commercial deployment. Examples include the securing of non-recourse debt financing for the first time, including Net Zero Teesside and Northern Endurance Partnership, and Eni’s partnering with Global Infrastructure Partners to co-own CCS assets across Europe. In addition, projects such as Northern Lights Phase 2 in Norway, Eni HyNet North West in the UK, and Beccs are reaching Final Investment Decision (FID) or financial close in Europe.

The report highlights that carbon markets are evolving alongside finance. The EU-UK Emissions Trading System (ETS) linkage agreement marks renewed regional cooperation, while Norway and Switzerland’s Article 6.2 deal creates one of the first international carbon removal frameworks. The voluntary market is also growing, with Microsoft expanding its BECCS offtake from Stockholm Exergi to over 5 Mt, and the European Commission exploring an EU-level CDR purchasing programme.

In terms of regional forecasts, GCCSI describes Europe as on track to increase its operating capture capacity from under 3 Mtpa today to over 90 Mtpa by 2030. Japan has nine advanced CCS projects selected and a national roadmap targeting up to 240 Mtpa of CO₂ storage by 2050.

The report quotes GCCSI CEO Jarad Daniels who says, “Global momentum is also reflected in infrastructure growth. Dedicated CO₂ transport and storage projects are increasing – doubling in Europe between 2023 and 2024 alone – laying the foundation for shared CCS networks that improve scalability and reduce costs.”

GCCSI warns that while their gigatonne-scale CO₂ capture goals will not be met even if all the projects in the pipeline become operational, delays increase the cost and difficulty of achieving climate targets, making staying the course more important than ever.

Download the full report.