What is Required for Private

Investments to Flow in for

CCS
Prof A. Damodaran
Indian Institute of Management Bangalore
IPR Protection and Technology Transfer on terms that are
equitable and fair while at the same time benefiting the inventors
Viable Business Models to bring in CCS
Carbon markets including CDM related ones that can promise
auxiliary revenues
Integrated financing systems that provide project
financing and risk guarantees for demonstration and large
scale replication of CCS
Policy framework to cushion and finance first mover
disadvantage in terms of technology and market failures
( Clean Energy Ministerial, April 2011)
Societal Risk Assessment exercises to be funded to take
care of community hazard concerns – a part of the
Copenhagen Green Funds could be utilized for this

Six Essential Conditions

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1) Purchase of technologies by dedicated
financing mechanisms for transfer to end users.
(2) Licensing in of technologies through dedicated
financing mechanisms for transfer to end users
(3) Joint Ventures that promote transfer and
commercialization of technologies
(4) PPPs

Four business models that promote

transfer of technologies
 Integrating programme based approaches to project development in CCS or
facilitate Program-Project Linkage for sounder PPPs in pre-innovation and post-
innovation R&D
 R&D work is required to develop cost-effective technologies in capture, transport
and storage of CO2 involving inter-agency approaches
 PPP based R&D work to improve the economic viability and safety of CCS
technologies
 Setting up a ‘Technology Exchange’ for disseminating information on CCS
technologies
 An IPR facilitation system that promotes joint patents for inventions that arise
from PPPs and also informs stakeholders of the type and range of rights over CCS
technologies over which patents have been obtained.

R&D and Other Challenges

Thanks