Climate change poses a pressing challenge that calls for immediate action. The European Union (EU), acknowledging the urgency, has committed to limiting global warming to 1.5°C above pre-industrial levels under the Paris Agreement. To achieve this ambitious goal, the EU has set a binding target of achieving net-zero emissions by 2050. While efforts to reduce greenhouse gas emissions are well underway, complementary measures are essential to effectively remove carbon from the atmosphere.
The Need for Carbon Removal:
Significant progress has been made in reducing greenhouse gas emissions across various sectors. However, certain industries, such as agriculture, cement and steel production, as well as aviation and maritime transport, pose unique challenges to achieving zero emissions. Hence, efforts to remove carbon dioxide from the atmosphere are crucial to complement emission cuts and attain the desired environmental outcomes.
Understanding Carbon Removals:
Carbon removals encompass activities that effectively capture and store carbon dioxide from the atmosphere. Different approaches exist, including permanent storage, carbon farming, and carbon storage in products. Permanent storage involves capturing carbon directly from the air and securely storing it in a stable form. Carbon farming focuses on enhancing carbon capture in soils and forests through methods like forest restoration and peatland and wetland management. Additionally, carbon captured by trees can also be stored in wood-based constructions, showcasing the potential for carbon storage in products.
The EU’s Certification Framework for Carbon Removals:
To accelerate and promote the deployment of effective and high-quality carbon removal activities within the EU, the European Commission proposed the establishment of an EU-wide certification scheme for carbon removals in November 2022. The primary aim of this certification framework is to guarantee accurate measurement of carbon removal activities, long-lasting carbon storage, and positive environmental impact. By establishing an inclusive certification process, the EU seeks to prevent greenwashing and ensure transparency, trust, and appropriate financing for carbon removal initiatives.
Parliament’s Support and Recommendations:
The European Parliament, recognizing the importance of carbon removal as a complementary approach to emission reduction, endorsed the carbon removal certification scheme in October 2023. The parliament’s environmental committee emphasized the need for an EU-wide registry to enhance transparency, inform the public, and mitigate the potential risks of fraud and double counting. These recommendations underline the Parliament’s commitment to enforcing rigorous standards in the pursuit of climate neutrality.
Next Steps:
The proposal for the carbon removal certification scheme is set to undergo a parliamentary vote in November 2023. Once approved, negotiations between the Parliament and the Council will commence to finalize the legislation. This significant step will mark a milestone in the EU’s journey towards achieving net-zero emissions by 2050, accelerating its environmental goals and fostering a sustainable future.
The EU’s commitment to combat climate change goes beyond emission reduction efforts. By recognizing the necessity of carbon removal to achieve net-zero emissions, the EU is taking a holistic approach to tackle climate change. The proposed certification scheme for carbon removals underscores the Union’s dedication to ensuring accurate measurement, transparency, and positive environmental impacts. By diligently pursuing a comprehensive strategy, the EU aims to lead the way in environmental stewardship and inspire global climate action.
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