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 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...
In a Nutshell The Innovation Fund (IF) is one of the world’s largest funding programmes for the commercial demonstration of innovative low-carbon technologies. It is also the EU’s key funding instrument for financing the green transition and promoting...
In a Nutshell What is the EU Oceans Pact? The European Union’s Ocean Pact is a comprehensive, non-legislative strategic framework designed to enhance the health, sustainability, and prosperity of Europe’s oceans and seas. It seeks to harness the ocean’s...
