In a Nutshell What is the EU Buyers’ Club? The EU Buyers’ Club is a voluntary initiative seeking to coordinate private investment in carbon farming and permanent carbon removals. Originally announced as part of the EU Bioeconomy Strategy, the Buyers’ Club has since...
In a Nutshell What is the EU ETS? The EU Emissions Trading System (EU ETS) is a market-based approach for setting a price for carbon dioxide (CO2) emissions. It works on a ‘cap and trade’ basis whereby a ‘cap’, or limit, is set on the total greenhouse gas (GHG)...
In a Nutshell What is the EU Bioeconomy Strategy? The EU Bioeconomy Strategy aims to promote the growth of a circular bioeconomy in the EU. Bioeconomy involves the sustainable production and consumption of biomass resources for food, materials, energy, and services....
In a Nutshell What is the EU CRCF? The EU Carbon Removals and Carbon Farming Regulation (CRCF) provides a voluntary regulatory framework for the certification of permanent carbon removals, carbon farming and carbon storage in products. The framework has been developed...
In a Nutshell What is the 2040 Climate Target? The provisional agreement to amend the EU Climate Law establishes a legally binding 2040 climate target of 90% net greenhouse gas (GHG) emission reductions compared to 1990 levels. At least 85% of the target must be met...