FIND – Finance and Innovation to couple Negative Emissions and Sustainable Development
Current global climate action is deeply insufficient to deliver the objectives of the Paris Agreement and containing global warming to 1.5 °C will likely require the deployment of carbon dioxide removals. However, the technologies to sequestrate and store carbon from the atmosphere are currently immature, risky, and highly questioned. Understanding the effective diffusion potential of carbon removal methods and their socioeconomic and environmental impacts is pivotal to designing future climate action.
The FIND project aims to ensure that negative emission technologies act as an enabler, not a barrier, of long-run sustainable development.
Current global climate action is deeply insufficient to deliver the objectives of the Paris Agreement and containing global warming to 1.5 °C will likely require the deployment of carbon dioxide removals. However, the technologies to sequestrate and store carbon from the atmosphere are currently immature, risky, and highly questioned. Understanding the effective diffusion potential of carbon removal methods and their socioeconomic and environmental impacts is pivotal to designing future climate action.
The FIND project aims to ensure that negative emission technologies act as an enabler, not a barrier, of long-run sustainable development.
FIND is designed to provide breakthrough evidence about two crucial and under-investigated aspects of carbon removal solutions: (i) how their techno-economic paradigms evolve and relate to the broader technological landscape, and (ii) how immature and uncertain technologies can be financed to provide social value rather than speculative interest. By combing innovation, finance, and political economy into a quantitative theory of carbon removal operationalization unfolding at global scale, FIND will expand the state-of-the-art in climate-energy-economy modelling and reassess decarbonization pathways. The project will evaluate climate and non-climate policies to create robust, no-regret policy portfolios supporting a rapid and sustainable path to a net-zero society.