Event overview
This event will focus on creating a business model for carbon farming, by bringing together a panel of MEPs and industry experts.
The Carbon Removal Certification Framework aims to promote sustainable solutions and innovative carbon capture and storage technologies. The proposal is intended to an effective certification framework for the certification of carbon removal and sequestration from the atmosphere.
Not all CO2 emissions can be prevented altogether. Particularly in the aviation sector and individual industrial sectors, it will be impossible to completely eliminate carbon emissions. As compensation for such emissions, the EU is now relying on carbon removal and storage in addition to reduction of carbon emissions.
In order to create an incentive for operators in agriculture, forestry and industry to capture and store carbon, the planned certificates are to serve as proof of high-quality carbon removal and can be sold. This is intended to create a new income opportunity for various industries and farmers.
Climate-efficient agriculture (carbon farming) in particular holds considerable potential for effective carbon removal. This generally means targeted agricultural measures for carbon removal and sequestration.
As the EU has set an ambitious target in the land use, land use change and forestry (LULUCF) sector to remove a net amount of 310 million tonnes of carbon by 2030, the introduction and expansion of carbon farming is a necessity for the EU member states.
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