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    What Rumen Radev’s victory means for Bulgaria, the EU and Russia

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    Mafia, local governments and money – how fighting collusion reshapes EU investment –

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    Can Tisza restore Hungarian democracy? – LSE European Politics

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    How Péter Magyar and Tisza remade the Hungarian party system – LSE European Politics

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    EU long-term budget: MEPs want a 10% increase to support EU priorities | News | European Parliament

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    Mafia, local governments and money – how fighting collusion reshapes EU investment –

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    Can Tisza restore Hungarian democracy? – LSE European Politics

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Carbon removals: extra measures to reach climate neutrality | News | European Parliament

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Climate change is already a reality but depending on the measures taken now, it is still possible to limit its consequences. Under the Paris Agreement on global climate action, the EU has committed to pursue limiting global warming to 1.5°C above pre-industrial levels. To reach this goal, EU climate law sets a binding target of net-zero emissions by 2050.

The main tool for reaching zero emissions is rapidly reducing greenhouse gas emissions and the EU has been making progress in this regard. However, removing carbon dioxide from the atmosphere will be necessary to complement emission cuts. This is because it is difficult to reach zero emissions in some sectors, such as agriculture, cement and steel production or aviation and maritime transport.

The EU is working on a certification scheme to make sure any carbon removals in the EU create clear benefits for the environment. The aim is also to prevent greenwashing, which is when companies claim to be more environmentally friendly than they really are.

What are carbon removals?

Carbon removals are activities that remove and durably store carbon dioxide from the atmosphere. There are several ways of doing this, including:

  • Permanent storage (carbon is captured directly in the air and stored in a stable form)
  • Carbon farming, meaning activities that increase carbon capture in soils and forests (for example forest restoration, peatland and wetland management)
  • Carbon storage in products (for example carbon captured by trees is stored in wood-based constructions)

EU certification framework for carbon removals

To encourage and accelerate the deployment of effective, high-quality carbon removal activities in the EU, the European Commission proposed in November 2022 to establish an EU-wide certification scheme for carbon removals.

Certification would ensure carbon removal activities are measured in an accurate way, store the carbon for as long as possible and benefit – or at the very least do not hamper – other environmental goals, such as biodiversity, zero pollution and the circular economy.

Harmonised certification would help build trust and steer financing to the carbon removal activities from both public and private sources.

Read also how the EU is better using forests as carbon sinks

Parliament’s position

The European Parliament has repeatedly stressed that it views reducing emissions as the main path towards climate neutrality and that carbon removal is a way to complement these efforts .

Parliament’s environmental committee endorsed in October 2023 the carbon removal certification scheme. Committee members suggested setting up an EU-wide registry to ensure transparency of the scheme, provide information to the public, and to avoid the risk of fraud and double counting of carbon removals.

Next steps

 

Parliament will vote on the proposal in November 2023, after which it will be ready to start negotiations with the Council on the final text of the legislation.



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