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Carbon Removals in the EU

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Achieving Europe's ambitious net-zero target will require rapid scale up of many different carbon removal methods. If done right, tomorrow’s release of the EU’s 2040 Climate Targets and the Industrial Carbon Management Strategy have the potential to join the Carbon Removal Certification Framework in kickstarting a significant push for the removal of EU’s historic and residual carbon emissions, turning Europe into a true leader of global carbon removal policy. However, unnecessary limitations on the types of carbon removal technologies could impede success.   

According to the United Nations’ Intergovernmental Panel on Climate Change (IPCC)., we need to remove up to 10 gigatons of carbon dioxide from the Earth's atmosphere every year by 2050, In this context, tomorrow’s release of the 2040 EU Climate Targets and the Industrial Carbon Management Strategy could not have come at a better time. European Commission’s communication on the 2040 Climate Targets marks a crucial step in the EU's path to achieving climate neutrality by 2050 and reaching net negative emissions, with carbon removals playing a vital role.  

The European Union (EU) is boldly asserting its commitment to combat climate change through various initiatives, with the ambitious goal of becoming the world's first climate-neutral continent by 2050. As the third-largest global economy, the EU's policies wield substantial influence in UN and country-level deliberations, underscoring the EU's role in shaping global climate policies. Positioned as a frontrunner in carbon removal technology, Europe's policy frameworks are likely to be picked up across the world. With this in mind, it is imperative that Europe establishes a positive precedent in carbon removals, paving the way for the rest of the world to emulate. 

Photo by Marcin Jozwiak on Unsplash

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