The International Energy Agency (IEA) released its 2025 update on global carbon capture, utilization, and storage (CCUS) projects, highlighting industry trends and milestones. While operational CO2 capture and storage capacity saw a slight increase in 2024, the focus remains on future growth towards 2030. The projected capture capacity for 2030 stands at approximately 430 million tons, with significant growth in announced storage capacity. Notable is the shift in upcoming projects towards hydrogen production, direct air capture, and heavy industry, accounting for over half of the planned capacity pipeline. Despite challenges in meeting net-zero emissions goals, 2024 was deemed a pivotal year for the CCUS sector. Developers showed increased commitment, with a substantial portion of pipeline capture capacity progressing towards construction. The report also highlights pioneering initiatives such as the UK's first natural gas power station with CCUS and Indonesia's large-scale CCUS project. Notably, a UK-based transport and storage project secured project-based financing, indicating growing investor confidence in regions with strong governmental support.