The EU’s approach to carbon removals won’t remove the climate crisis: lessons from CO2ol Down

by Greta HirschbergCarbon dioxide removalsPosted on Comments are Disabled

Depending on how it is designed, the Commission’s newly proposed EU Buyers Club initiative for carbon removals may contribute little to the green transition or even set it off course. The CO2ol Down project proposes a workable alternative that develops permanent removals while slashing emissions. With the European Union’s recently agreed 2040 climate target setting …

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CO2ol Down Phase 2: Second workshop delves into financing long-term delivery of carbon removals

by Daniel OrthCarbon dioxide removalsPosted on Comments are Disabled

Building on the May workshop, which resulted in a blueprint for a viable EU Development and Delivery Framework for removals and charted the path for the short term, the process of the second workshop aimed to extend this proposal into an encompassing framework planning from today towards net-zero and net-negativity thereafter.

CO2ol Down Phase 2: Workshop discusses short-term strategy for financing carbon removals

by Daniel OrthCarbon dioxide removalsPosted on Comments are Disabled

On Thursday 22 May, experts from industry, civil society, and academia gathered in Brussels to discuss EU policy options that will finance permanent carbon removals, without impeding and slowing down investments that lead to drastic emissions cuts.  Organised by Carbon Market Watch and supported by co-creation experts Dreamocracy, a series of workshops have been organised …

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EU scientific body’s call for separate binding climate targets aligns with civil society

by Khaled DiabCarbon dioxide removals, Decarbonising European industry, EU carbon marketPosted on Comments are Disabled

In its freshly published report on scaling up carbon dioxide removals in the EU, the European Scientific Advisory Board on Climate Change (ESABCC), established by the EU Climate Law, makes setting separate climate targets its number one recommendation. This aligns with what Carbon Market Watch and other stakeholders have been advocating.

Archery

Divide targets to conquer the climate crisis

by Fabiola De SimoneCarbon dioxide removals, EU carbon marketPosted on Comments are Disabled

To facilitate a transatlantic exchange of views, Carbon Market Watch brought together experts from the USA, the UK, Germany and the EU to track progress towards implementing separate climate targets and carbon removals policies. Carbon Market Watch recently organised a webinar aimed at delving deeper into how key trailblazing countries, states and regions on both …

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