EU Carbon Removal Certification Framework: Provisional deal leaves many gaps
The framework provides more clarity on how to generate credits from carbon farming but lacks greenwashing safeguards.
Negotiators have reached an agreement on the EU Carbon Removal Certification Framework, paving the way for a regulated voluntary carbon market that aims to promote long-term CO2 storage and regenerative agriculture practices.
The deal was reached in the early hours of February 20 and met with mixed reactions, with most experts pointing to the lack of detail in the current text. Carbon Market Watch asked for an outright rejection of the framework, claiming that it âpromotes greenwashing rather than prevents itâ, while the European Environmental Bureau called out the textâs âsevere shortcomingsâ. But for others, the agreement is a step in the right direction.
