Carbon Business Council, Schneider Electric, DG Clima European Commission, Puro.earth, Department for Energy Security & Net Zero - Panel Discussion

The Status Quo on European CDR Policy: Setting a Benchmark

• What is the status of the EU carbon removal strategy? Does it enable Europe to remain on track with its decarbonisation target? And does the EU agenda fit in the global race to zero competition?
• The voluntary markets are small and unsuited to scaling removals to the required levels. How can incorporating removals in compliance markets help to scale up the funding?
• The EU has stated that only European projects will be eligible for CRCF accreditation to incentivise the CDR industry in Europe. How does this impact the European CDR industry?
• Several countries, in and outside the EU, have compliance and/or policies that focus on CDR. What are the main reasons for this ambition? Have these efforts already had notable impacts, e.g., an increase in buyers?
• What is the net-zero status in the UK? Is the 2023 Growth Plan scaling up and deploying technologies?

Confirmed Chair

Isabella Corpora - Director, Carbon Business Council

Confirmed Speakers

Adina Braha-Honciuc -  Global Policy Director – Climate & Environment, Schneider Electric
Giulio Volpi - Policy coordinator – DG Clima European Commission
Helen Bray - Vice President, Policy, Puro.earth
Jay Shah - Head of UK ETS Strategy, Department for Energy Security & Net Zero

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