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europe-agrees-voluntary-framework-for-carbon-removals
europe-agrees-voluntary-framework-for-carbon-removals

Europe agrees voluntary framework for carbon removals

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The European Commission has welcomed the provisional agreement between the European Parliament and the Council on the first EU-wide voluntary framework for the certification of carbon removals.

The certification framework aims to help the EU to reach climate neutrality by certifying carbon removals, prevent greenwashing and create new business opportunities. The European Climate Law, signed in 2021, legally binds the EU to become climate neutral by 2050.

The agreement sets out certification rules for:

  • Industrial carbon removals, such as bioenergy with carbon capture and storage (BECCS), or direct air carbon capture and storage;
  • Binding carbon in long-lasting products and materials, such as wood-based construction materials or biochar; and
  • Carbon farming, such as restoring forests and soils and avoiding soil emissions, rewetting of peatlands, more efficient use of fertilisers, and other innovative farming practices.

The provisionally agreed Regulation will improve the EU’s capacity to quantify, monitor and verify the authenticity of all these forms of carbon removals.

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