The innovation race on geological carbon removal: who is best placed to lead?

This report analyses innovation activity represented by patenting data for two carbon dioxide removal (CDR) technologies - bioenergy with carbon capture and storage (BECCS) and direct air carbon capture and storage (DACCS), referred to collectively as geological CDR - to shed light on the countries that might be best positioned to lead the market for relevant technologies to capture growth opportunities while supporting global climate goals.

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Josh Burke, Siyu Feng, Maxwell Read, Esin Serin and Ram Smaran Suresh Kumar

9 July 2025     Paper Number CEPSP51

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This work is published under POID and the CEP's Growth programmeGreen Transition programme.

This publication comes under the following CEP theme: Clean growth, Green technology adoption and diffusion