Capturing and Storing Carbon: The World Bank's Role

Developing countries will be increasingly important players in the quest to reduce emissions of greenhouse gases. By 2035, non-OECD countries will account for 66 percent of primary energy demand and, in the meantime, for 90 percent of growth in demand. Among the steps necessary to ensure that carbon capture and storage fulfills its potential to cut emissions are more powerful policy incentives, including a global carbon price; testing of new technologies in demonstration projects; and development of storage infrastructure.