Carbon removals can transform the EU ETS into a strong climate and investment tool
This Summer, the European Commission will propose to integrate permanent removals into the EU’s Emission Trading Scheme (ETS). Removals in the ETS can help both industry and the climate – but only if the sector is given a credible path to rapidly scale up. 8 April, Brussels: Negative Emissions Platform launches its ‘ETS needs removals’ […]
EU climate law: a 2040 emissions reduction target of 90% for the EU
Following a vote by Parliament, the EU will have to reduce greenhouse gas emissions by 90% in 2040 compared with 1990 levels, to achieve a climate neutral EU by 2050. On Tuesday MEPs backed a political agreement with Council on amendments to the EU Climate Law by 413 votes to 226 and 12 abstentions, to include a […]
DNV og Carbon Centric enter into agreement on carbon removal
DNV and Carbon Centric have entered into a four-year agreement for the purchase of carbon removal credits. The agreement will help realise a new carbon capture plant that will capture approximately 30,000 tonnes of CO₂ annually. Carbon Centric develops, builds and operates carbon capture plants, and will now construct a new plant at an energy […]
Commission adopts rules and launches initiatives to boost carbon removals and carbon farming in the EU
The European Commission has adopted rules to implement the EU-wide voluntary certification framework for carbon removals and carbon farming. This will be boosted further by three initiatives announced in the new EU Bioeconomy Strategy. The new Implementing Regulation (EU) 2025/2358 introduces transparency standards for certification schemes and sets out rules for the appointment and supervision of certification bodies, as well […]
Introducing OSCAR: The Open Standard Carbon Removal Agreement
Today, most durable CDR purchasing is driven by a small group of leaders — and the market needs more buyers to scale. A major barrier is complex, slow, and costly contracting. To address this, the Open Standard Carbon Removal Agreement (OSCAR) launched at CDR30 during COP30. OSCAR is an open, shared, and freely available contracting […]
Removing CO2 from atmosphere vital to avoid catastrophic tipping points, leading scientist says in The Guardian
Johan Rockström of the Potsdam Institute for Climate Impact Research, who is one of the chief scientific advisers to the UN and the Cop30 presidency, said 10bn tonnes of carbon dioxide needed to be removed from the air every year even to limit global heating to 1.7C (3.1F) above preindustrial levels. He was joined by more leading […]
Switzerland introduces corporate milestone targets for carbon removal
The Swiss Climate Act include first-of-its kind regulation for companies. By Robert Höglund Switzerlands Climate and Innovation Act established the country’s climate target of net-zero greenhouse gas emissions by 2050. Uniquely, the target is not just for the aggregated national emissions, it also specifically requires all Swiss non-agricultural companies, regardless of size, to reach net zero by 2050 for […]
SBTi revising its guidance on carbon removal
The Science Based Targets initiative (SBTi) is in the process of updating its flagship Net-Zero Standard and has released revised terms of reference indicating there will be a new approach to carbon removal. One of the key areas of focus is refining the strategy around carbon removal, or what the organization refers to as “neutralization” in its […]
Carbon removals: MEPs want EU certification scheme to boost uptake
Environment MEPs have adopted their position on a new voluntary EU certification framework for technological and natural carbon removals to help achieve EU climate neutrality by 2050. >> Read more
Consultation: Certification of carbon removals – EU rules
Consultation: Certification of carbon removals This initiative will propose EU rules on certifying carbon removals. It will develop the necessary rules to monitor, report and verify the authenticity of these removals.The aim is to expand sustainable carbon removals and encourage the use of innovative solutions to capture, recycle and store CO2 by farmers, foresters and […]