The European Commission has approved the initial methodologies under the Carbon Removals and Carbon Farming (CRCF) Regulation to certify activities that permanently remove carbon dioxide from the atmosphere. These voluntary certification standards aim to provide a clear framework for verifying carbon removal efforts within the EU.
By establishing these methodologies, the EU seeks to encourage innovation and investment in carbon removal technologies while ensuring transparency and credibility in the carbon market. The certification system also aims to prevent misleading claims related to carbon offsetting.
**Why this matters**
Permanent carbon removal is essential for achieving climate goals and limiting global warming. Clear certification standards help build trust among investors, businesses, and consumers by verifying the effectiveness and durability of carbon removal projects. This initiative supports the development of a reliable carbon removal market and contributes to the EU’s broader climate strategy.
Source: NewsData