The IPCC has confirmed that carbon removals will be needed to deal with leftover emissions that cannot be cut and to reach negative emissions.
In this report, Carbon Market Watch analyses the role and implementation of carbon removals in climate policies across 20 jurisdictions spanning global, EU, national and sub-national levels. By assessing how carbon removals are governed, and critiquing the differing approaches pursued so far, gaps or shortcomings are identified.
The report suggests that there should be a clear vision of the climate function of removals as a supplement to emissions reduction; to separate carbon removals targets by law; to introduce a robust definition of carbon removals; and for robust accounting, MRV and certification rules.