European Commission Lays the Foundation for First EU-wide Carbon Removal Framework

December 2022
Region: Europe

The European Commission has adopted a proposal for the first EU-wide voluntary framework to reliably certify high-quality carbon removals. It 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 also significantly improve the EU’s capacity to quantify, monitor and verify carbon removals.

We have provided an overview of the proposal, the financial incentives, scope of the framework and the next legislative steps.