CO2ol Down is a project based on collaborative policymaking and co-creation theory. It is grounded in principles of collective progress and mutual benefit, rather than the advancement of individual agendas. The first phase of the project in 2024 aimed to improve the governance of carbon removals (including both biogenic sequestration by natural sinks and permanent removals) in the European Union This resulted in the publication of a proposal to revise the European Climate Law; and a set of policy recommendations on EU instruments for permanent removals.
In 2025, the project continued with phase 2, during which participants focused on the financing of permanent removals within the EU. This document presents the results of phase 2.
