Open letter calling to enable CO₂ Storage in the Baltic Sea Region under the Helsinki Convention
CATF joins 24 industry, research and civil society organisations in calling for the Contracting Parties to the Helsinki Convention and HELCOM to explore practical legal mechanisms that enable environmentally safe geological CO₂ storage in the Baltic Sea.
The Baltic Sea could play an important role within Europe’s CO₂ storage network. Unlocking that potential starts with legal clarity With the Industrial Carbon Management Strategy and the Net-Zero Industry Act, the European Union has already set a clear vision to enable CO₂ transport and storage services.
The upcoming CO₂ market and transport infrastructure regulatory package is set to translate that vision into a functioning internal market. To achieve this vision, there needs to be an enabling policy and regulatory framework – not only at the EU-level, but also at the regional one.
For countries around the Baltic Sea, access to safe geological CO₂ storage will be essential to unlock investment in CO₂ transport and storage infrastructure, therefore supporting industrial decarbonisation and climate objectives.