The European Commission opened a public consultation on Thursday 9 September on its forthcoming action plan to restore sustainable carbon cycles by developing technological and natural solutions.
Scheduled for 14 December (provisional date) in the form of a communication, this action plan will aim to “promote carbon farming and develop a regulatory framework for the certification of carbon removals”, says the roadmap published by the Commission.
The Commission intends to explore a range of options for carbon removal and storage, as well as for recycling carbon from biomass, waste and directly from the air.
According to the roadmap, the action plan will address, among other things, how to foster research and deployment of technological solutions and create a competitive market for industrial carbon capture, storage and use. In this context, it mentions the role of the Innovation Fund, the Financial Instrument for the Environment (LIFE) and Horizon Europe.
The Communication will also identify key elements for building a regulatory framework to certify only genuine, transparent and verifiable carbon removals, with a view to presenting a future fully-fledged initiative on this topic.
On nature-based solutions, the Communication will present the EU initiative for carbon storage in agricultural soils, which aims to encourage land management practices leading to carbon removal and storage through financial incentives.
The consultation period closes on 7 October.
To see the roadmap and participate in the consultation: https://bit.ly/3tISixX (Original version in French by Damien Genicot)