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Preventing the effects of climate change is one of the most pressing challenges of this century. Carbon capture and storage (CCS) technology takes up a promising position in the achievement of a low-carbon future. Currently, CCS projects are implemented not only for CO2 storage but also for its usage in industries, in conformity with the principles of a circular economy. To date, a number of countries have accumulated experience in launching and implementing CCS projects. At the same time, the peculiarities and pace of technology development around the world remain different. This paper attempts to identify key factors that, first, generally affect CCS projects deployment, and second, create favorable conditions for CCS technologies development. Based on an extensive literature review and the experience of different countries, classification and interpretation of these factors are offered, justifying their impact on CCS projects. As a result of this paper, the authors present an assessment of the maturity of policy incentives and regulations in the field of CCS for different countries with revealed dependence between the level and effectiveness of CCS projects’ implementation, confirming the adequacy of the offered approaches and identifying measures that ensure success in CCS. The methodology of this study includes case studies, a modified PEST analysis, system-oriented analysis, the checklist method, and regression analyses.

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Currently, a prime position in the global emission mitigation and power transformation system is taken up by CCS technology (carbon capture and storage), proven by the successful realization of a number of CCS projects around the world, not only for CO2 storage, but also for its deployment in industry. CO2-utilizing technologies are circular business models connected with the usage of emissions to provide added benefits throughout the value chain, with their value being part of a response to end the era of cheap mineral resources and materials, as well as their ability to contribute to the transition to a low carbon economy. At the same time, one of the main problems they face lies in the engagement and interaction of stakeholders, as well as public perception of these projects. The purpose of this research is to explore the main stakeholder groups in CCS projects and offer an approach for their management. The methodology of this study is based on case studies, stakeholder management tools, and a checklist method, which were adapted to the specific area of CCS projects. The results of this study amounted to the identification of stakeholder groups with interests and respective roles in CCS projects, as well as proposing a new approach for their assessment through the created checklist method.