Related content for project "Support on Devising a Carbon Removal Certification Mechanism" (project ID 50035)
Publication:Report
The European Commission is developing a certification mechanism to incentivise the removal of carbon from the atmosphere. To support its development, this report reviews 24 existing carbon removal certification mechanisms and methodologies and identifies key lessons for mechanism design.
Sucking carbon dioxide out of the atmosphere – 'carbon removals' – is essential to achieve Europe's 2050 net-zero climate goals. This report considers twelve nature- and technology-based carbon removal solutions, evaluating their climate mitigation potential and suitability for deployment across Europe. The report supports the European Commission's development of a certification mechanism for carbon removals.
This project supports the EU Commission's DG CLIMA to develop and evaluate different options for certifying carbon removal solutions. Carbon removals, also known as negative emissions, include nature-based technologies such as afforestation and soil carbon, and technology-based approaches, including carbon capture and storage from direct air or bioenergy. To reach the EU's 2050 goal of climate neutrality, alongside mitigation of GHG emissions, the EU must remove substantial amounts of carbon from the atmosphere. This project assesses existing knowledge and identifies policy options to increase carbon removals across Europe.