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European Parliament - EPRS Policy podcasts

A Union certification framework for carbon removals

European Parliament - EPRS Policy podcasts

European Parliament Webmaster

Government & Organizations, Non-profit

4.813 Ratings

🗓️ 9 June 2023

⏱️ 6 minutes

🧾️ Download transcript

Summary

The aim of the legislative proposal for a Union certification framework for carbon removals initiative is to ensure high-quality EU certified carbon removals, through a transparent and credible governance framework. In doing so, this would open up the possibility for further investments towards carbon removal activities and increased deployment.

- Original publication on the EP Think Tank website
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Source: © European Union - EP

Transcript

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0:00.0

Welcome to the European Parliamentary Research Service Podcasts.

0:04.8

In this podcast, we'll turn our attention to the certification framework for carbon removals

0:10.7

proposed by the European Commission to scale up carbon removal activities thanks to increase

0:16.4

trust in carbon removal certificates. An essential tool to support the EU's climate and circular economy

0:22.8

ambitions, but also a controversial one. Want to know more? Keep listening.

0:29.5

The EU aims to become the first climate neutral continent by 2050. So far, so good. But that goal will not be met without measures to reduce our greenhouse

0:40.2

gas emissions and remove existing carbon from the atmosphere. EU policymakers increasingly believe

0:47.1

carbon dioxide removal is a critical third pillar of climate action, alongside emission reductions

0:53.3

and adaptation measures to deal with the devastating effects of climate action, alongside emission reductions and adaptation measures to deal with the devastating

0:56.3

effects of climate change. The problem is that currently there is no officially recognised

1:01.5

EU-wide framework for certifying carbon removals, which creates uncertainty, lack of trust,

1:08.3

and makes greenwashing easier. So, what is the EU going to do about it?

1:13.6

Well, in November 2022, the European Commission proposed the adoption of an EU-wide voluntary framework

1:21.6

to certify high-quality carbon removals generated in Europe.

1:25.6

And in doing so, spur the development of new technologies and sustainable carbon farming solutions

1:31.6

while fighting greenwashing.

1:33.8

Let's hear European Commissioner Vice President Franz Timmermans.

1:37.8

The certification framework for carbon removals ensures that whenever a ton of carbon

1:42.5

is said to have been taken from the atmosphere,

1:45.8

we can verify that claim.

1:48.1

Trust but verify.

1:50.0

Has it actually happened?

...

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