European Green Deal: Commission proposes certification of carbon removals to help reach net zero emissions
The European Commission adopted a proposal for a first EU-wide voluntary framework to reliably certify high-quality carbon removals. The proposal will boost innovative carbon removal technologies and sustainable carbon farming solutions, and contribute to the EU’s climate, environmental and zero-pollution goals. The proposed regulation will significantly improve the EU’s capacity to quantify, monitor and verify carbon removals. Higher transparency will ensure trust from stakeholders and industry and prevent greenwashing. Carbon removals can and must bring clear benefits for the climate, and the Commission will prioritise those carbon removal activities which will provide significant benefits for biodiversity. Moving forward, the Commission, supported by experts, will develop tailored certification methods for carbon removal activities delivering on climate and other environmental objectives.
This proposal is essential to the EU’s goal of becoming the world’s first climate-neutral continent by 2050. To achieve this goal, the EU needs to reduce its greenhouse gas emissions to a minimum. At the same time, the EU will have to scale up the removal of carbon from the atmosphere to balance out emissions which cannot be eliminated.
Read more about the proposal HERE.