As part of an important step towards climate neutrality by 2050, the European Commission has welcomed the provisional agreement on the first EU-wide certification framework for carbon removal. This historic decision, taken between the European Parliament and the Council, introduces a voluntary framework to certify high-quality carbon removals, encompassing both innovative technologies and carbon farming practices.
The new framework is poised to play a crucial role in the EU’s ambitious efforts on climate, environment and sustainable development. zero pollution targets, ensuring transparency and trust in carbon removal initiatives while simultaneously opening new avenues for business and innovation. “Our efforts to reduce greenhouse gas emissions will increasingly depend on technology and innovation in the future, as well as the best use of natural carbon sinks,” said Maroš Šefčovič, vice -executive chair of the European Green Deal, highlighting the importance of developing robust certification for carbon removal technologies and agricultural practices.
Under the interim agreement, certification rules will cover a wide range of activities, including carbon production efforts such as forest restoration, soil conservation and innovative agricultural techniques, as well as processes carbon removal industries such as bioenergy with carbon capture and storage. Additionally, the framework will certify carbon linked to sustainable products and materials, thereby promoting the use of sustainable materials and construction practices.
A key aspect of the agreed settlement is a focus on ensuring carbon removals are accurately quantified, stored for at least 35 years and contribute to wider sustainability goals, including improving biodiversity. A European register will be established to promote transparency regarding certified carbon removals, with implementation expected within four years.
Climate Action Commissioner Wopke Hoekstra highlighted the framework’s potential to unlock economic opportunities in various sectors, saying: “Carbon removal and carbon farming will be an important part of our efforts to achieve climate neutrality by 2050.” He highlighted the role of the framework in promoting a sustainable future where innovation meets environmental responsibility.
The regulation also aims to boost financial support for carbon removal technologies through innovative financing models and public sector support, recognizing the commercial and environmental benefits of certified carbon removals. This initiative aligns with the EU’s broader climate and sustainability goals, including the European Green Deal and the European Climate Law, which require the EU to achieve a balance between emissions and removals of greenhouse gases by 2050.
As the European Parliament and Council are set to formally approve the agreement, the EU takes a decisive step towards implementing a comprehensive strategy for sustainable carbon cycles and climate neutrality. This framework not only supports the EU’s long-term climate goals, but also paves the way for a sustainable and innovative business environment dedicated to high-quality carbon removal.
Originally published in The European Times.
source link eu news
