Existing certification schemes to inspire EU plan for carbon removals

The European Commission’s proposal to regulate the bloc’s carbon removals market will be based on existing verification and certification schemes and will aim to create a common method in order to bring more transparency to the opaque sector, an EU official has said.

Supporter

“The voluntary market of carbon credits is not something that the Commission is now going to introduce from scratch. These carbon credits exist, they are verified and certified by private schemes (but) the price is often very low,” Lukas Visek, Member of the Cabinet of European Commission climate chief Frans Timmermans, told a EURACTIV online event last week. [EURACTIV / YouTube]

Euractiv is part of the Trust Project

Karolin Schaps Euractiv 02-05-2022 15:31 3 min. read Content type:

Euractiv is part of the Trust Project

Facebook X LinkedIn Mail

Donec et orci aliquet nisl suscipit molestie sed sit amet tortor. Duis vel urna ac mi sollicitudin lacinia mollis sit amet lorem. Sed finibus erat nec libero scelerisque fringilla. Morbi at orci sed urna vulputate vulputate. Nulla facilisi. Donec et orci aliquet nisl suscipit molestie sed sit amet tortor.

Existing certification schemes to inspire EU plan for carbon removals

More from this section

More from this author

Existing certification schemes to inspire EU plan for carbon removals

Topics

More from this section

More from this author

Subscribe to our newsletters