Carbon capture and utilisation provide a means to mitigate climate change caused by anthropogenic greenhouse gas emissions by delaying carbon emissions via temporary storage in goods. This article presents a comprehensive Life Cycle Assessment (LCA) study of a novel process that generates formate via electrochemical reduction of CO_{2} in ionic liquid. We performed a scenario analysis, covering uncertain parameters like the recycling rate of unreacted reagents and the market price of CO_{2}, and compared the environmental performance of the carbon utilisation system with that of the conventional process, which relies on fossil sources. Inventory data is obtained from a mix of literature sources and commercial LCA databases. Our analysis indicates that (i) the system needs to attain a 99.9% recycling rate to be competitive with the conventional process; (ii) a future negative market price of CO_{2} would substantially reduce the environmental impacts associated with formate; (iii) there are significant environmental trade-offs between the carbon utilisation system and the conventional process, with the former outperforming the latter in 6/8 out of the 14 impact categories investigated. It should be noted that our results are conservative because inventory data for the electrochemical reduction process is obtained from laboratory experiments
