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  • Regulation (EU) 2024/3012 of the European Parliament and of the Council of 27 November 2024 establishing a Union certification framework for permanent carbon removals, carbon farming and carbon storage in products (The Carbon Removal Certification Framework (CRCF)

Regulation (EU) 2024/3012 of the European Parliament and of the Council of 27 November 2024 establishing a Union certification framework for permanent carbon removals, carbon farming and carbon storage in products (The Carbon Removal Certification Framework (CRCF)

Geography
Year
2024
Document Type
Legislative

Summary

The Carbon Removal Certification Framework (CRCF), adopted by the EU in 2024, establishes a voluntary certification scheme for carbon removals, carbon farming, and carbon storage in products, with the regulation set to enter into force on December 26, 2024. The CRCF aims to incentivize high-quality carbon removal and soil emission reduction activities across the EU to contribute to the Union's climate neutrality goal by 2050, introducing a unified certification scheme that regulates the trading of carbon removal units and sets criteria for quantification, additionality, long-term storage, and sustainability.

Documents

About this law

Year
2024
Most recent update
27/11/2024
Response areas
Mitigation
Sectors
Economy-wide
Topics
, ,

 Topics mentioned most in this law  
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Group
Topics
Target
Policy instrument
Risk
Impacted group
Just transition
Renewable energy
Greenhouse gas
Economic sector
Adaptation/resilience
Finance

Note

Climate Policy Database

This entry and summary were provided by the Climate Policy Database. If you want to use the summary, please see the terms of use for citation and licensing of third party data.