Existing certification schemes to inspire EU plan for carbon removals

The European Commission’s proposal to regulate the Union’s carbon removals market will be based on existing verification and certification schemes. It will further aim to create a common method in order to bring more transparency to the opaque sector, an EU official explained. The carbon removals market, which refers to the capturing, recycling, and storing of CO2 by farmers, foresters, and industries, plays a key role in achieving the land sector’s goal of reaching carbon neutrality by 2035.

However, inconsistencies in measurement, reporting, and verification (MRV) processes offered by various private bodies have resulted in low prices on the voluntary market, providing little incentives for investors. By the end of the year, the Commission will present its proposal to unify the EU’s carbon removals MRV process with the aim of bringing order in a market deemed essential to reach the EU’s objective of reducing emissions to net-zero by mid-century.

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Bioeconomy Youth Ambassador competition

Are you between 18 and 35 years old and have experience or strong interest in bioeconomy  and/or bioeconomy related fields (food systems, forestry, climate change, etc.)? Would you like to contribute to the sustainable and circular transition of Europe?

Apply by 13 June – 11:59PM CET to join the Bioeconomy Youth Ambassadors programme to:

  • lead by example, inform and inspire others about sustainable and circular bioeconomy
  • reach out to communities, students and civil society, and to engage decision-makers
  • work with social media to raise awareness about the role of the bioeconomy in everyone’s life
  • raise awareness for the bioeconomy especially in youth communities, support the ongoing youth and education related processes of the European Union

Find out more.