History

The association was founded in November 2017 building on the results and the enthusiasm generated by the SCOT (Smart CO2 Transformation) project. Funded through the European Union’s Research and Innovation Programme FP7, the SCOT project demonstrated that the development of CO2 Utilisation could bring significant benefits for Europe and its industry and that coordinated collective action is essential to accelerate its market development.

Mission and activities

The mission of CO2 Value Europe is to promote the development and market deployment of sustainable industrial solutions that convert CO2 into valuable products, in order to contribute to the net reduction of global CO2 emissions and to the diversification of the feedstock base away from fossil oil and gas.

We are the ambassador and spokesperson of the CCU community in Europe, raising awareness and gaining acceptance of the enormous potential of CCU to bring value to Europe both from a climate and from an economic perspective.

We work with EU and national policy makers to stimulate the development of a favourable regulatory and market framework, as required to create a business case for the commercial deployment of CCU solutions.

We support the development of flagship industrial demonstration projects by connecting partners with relevant expertise along the CCU value chain and by helping them get access to public and private sources of funding.

We also facilitate the development of a collective intelligence on CO2 capture and conversion technologies, to ensure a continuous reduction of cost and improvement of technical performance.

Vision

Our vision is a future where CCU has become an integral part of a low carbon economy.

This vision is driven by 2 major societal challenges:

  • Climate change mitigation, and
  • Replacing fossil feedstock by renewable feedstock (= circular carbon).