Latest / The Carbon Removal Scoop
38 | CDR Credits from the Global South: Problem or Solution? - with Fiona Mugambi
The EU’s 2040 Climate Target debate is heating up. At stake: whether to allow international carbon credits at all - and if so, how many and what kind.
The European Union is split: some push to ban credits outright, while others want to allow plenty and as early as 2031. The current 3% proposal would mean up to 400 Mt of international credits by 2040.
Such a volume could literally ignite whole industries across numerous countries, with all the benefits that can bring to local communities. But the concerns centre around whether it would water down the EU’s own climate action.
Should the EU be…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.