A European CDR Purchasing Programme for Permanent Carbon Removal?

Sounds too good to be true? Well, it may become a reality soon.

On May 21st, the European Commission held a dedicated workshop on “A Purchasing Programme for CRCF Permanent Carbon Removal Credits”.

As stated in its own excellent pre-read, Europe will need to fund CDR with up to €6 billion by 2030 to achieve its indicative target of 5 Mt/year.

But where should this money come from? How should a purchasing programme be designed? And should it fund specific CDR technologies or take a broad portfolio approach?

These are just some of the many fascinating questions that were tackled in the workshop. Tune in for this CDR Policy Scoop, where Eve Tamme and Sebastian Manhart will analyse everything that happened and discuss the most important takeaways for you.

Links:

Eve Tamme: LinkedIn and Website
Sebastian Manhart: LinkedIn and Website
The workshop pre-read by Ecologic Institute
Workshop presentation and recording
Blog by Robert Höglund and Aidan Preston

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