Carbon Pricing Hub: The EU ETS and the EU 2040 climate target
18 June 2025 | 14.30-16.00 CET | Online
EU’s 2040 credit line risks bankrupting the climate
A new Carbon Market Watch analysis reveals the first batch of Article 6.4 international carbon credits could be overestimated by a factor of 26 – highlighting the risks of using them towards the EU’s 2040 climate target
Over-crediting analysis of cookstove projects transitioning to Article 6
Analysis of the available documents has found that PoA 10415, over the monitoring periods 5, 6 and 7, is likely set to issue 26 more credits than it should have according to available literature.
First wave of Article 6 carbon credits misfire spectacularly
A new Carbon Market Watch analysis, based on currently available project data, has uncovered that the first project transitioning from the CDM to the Article 6.4 market is poised to issue an astonishing 26 times more credits than it should as compared to the values from peer-reviewed scientific literature.
There can be no flexibility in the EU’s 2040 climate target
Apparently, EU lawmakers are exploring four potential loopholes to weaken the target under the guise of “greater flexibility”. Under consideration are suggestions that include postponing climate action until the latter half of the 2030’s, allowing for more flexibility between EU sectors, or relying on international offsets and additional carbon removals to somehow fill the gap caused by EU inaction.
Why do we need a target for permanent carbon removals?
As re-confirmed by leading climate scientists in October, there is no alternative to near-term emission reductions to limit damage to our planet, ecosystems and people. However, there is a need to prepare for an environmentally sustainable removals capacity that can help reach climate equilibrium in the future.
Proposal to revise the EU Climate Law
Not only does the Climate Law not mention the different roles of biogenic sequestration by natural sinks and permanent removals, but it also fails to determine how much or which type of removals should be used to reach the net-zero target by 2050, or how much residual emissions will be allowed at that point.
Stakeholder coalition draws up climate-friendly blueprint for EU carbon removal policy
Leading figures from academia, civil society and industry have collaborated to create two proposals to clarify key carbon removals principles that should be integrated into the EU Climate Law and relevant climate policies
Trading in hot air: Why a market in temporary carbon removals is a bad idea
Carbon farming and other forms of nature-based temporary carbon sequestration will not store CO2 long enough to tackle the climate crisis nor help farmers. We need better tools, argues Sabine Frank.
