In November 2022, the European Commission proposed a Certification Framework for Carbon Removals. This proposal seeks to develop a framework for the development of methodologies which can quantify the climate benefit of various types of activities, with a focus on carbon dioxide removal. Carbon dioxide removal is necessary to counterbalance residual emissions and achieve net-zero emissions. However, the ability to monitor, report and verify how much CO2 is being removed by such activities is currently lacking and there is a risk of overestimating their climate benefit.
Today the European Parliament voted in plenary on a variety of crucial climate files, including the Carbon Removal Certification Framework (CRCF) and the Net Zero Industry Act (NZIA). These votes send strong signals on the need for coherent climate policy which supports and manages the deployment of Carbon Dioxide Removal and Carbon Capture and Storage in an environmentally robust way.
Read our press release on the Parliament’s negotiating mandates on CRCF and NZIA:
PRESS RELEASE – Parliament given strong negotiating mandates on CRCF and NZIA
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