Negative Emissions Platform

This week, NEP shared its response to the UK public consultation on integrating greenhouse gas removals (GGR) into the UK Emissions Trading Scheme (ETS). We commend the UK Government for leading the way in establishing a compliance market for GGRs.   🔑 Key considerations: ▶ Permanence: Only permanent GGRs should be integrated into the ETS, ensuring long-term carbon neutrality ▶Timeline: NEP supports the goal to establish a compliance market by 2028! The right conditions will need to be in place, including driving down the cost of permanent GGR, and robust rules on monitoring, reporting and verification (MRV) ▶Financing: ETS-integration is just one part of the puzzle but will not be able to fully finance the sector, especially in the near term; additional financing tools are needed to support the GGR sector.   👏 We applaud the UK Government’s efforts in driving forward this important work! Access more details about our position on the UK ETS: 🔖 https://lnkd.in/e8CbrF6y

We are thrilled to introduce M. Kemal Armada from Climeworks as the new President of the Negative Emissions Platform! 🏫 Kemal's journey is marked by a profound dedication to sustainability and innovation. With degrees in Engineering and Energy Science from EPFL and MIT, coupled with an MBA from Harvard Business School, he brings a unique blend of technical expertise and strategic vision to NEP. 📈 In his role as Head of Growth at Climeworks, a global leader in Direct Air Capture, he drives the company's growth by forging commercial and strategic partnerships and expanding its geographical reach. 📗 Prior to his role at Climeworks, Kemal spent nearly eight years at McKinsey & Company, where he specialized in strategy and sustainability. His work spanned across continents, advising clients on sustainable growth strategies, carbon markets, and sustainability investing. Kemal's contributions in developing climate and carbon investment strategies, and fostering collaborations between corporates and climate tech companies, have been instrumental in shaping the landscape of sustainable business practices. ⬆ We are confident that Kemal’s vision, expertise, and dedication will lead NEP to new heights as we continue our mission to combat climate change through innovative carbon removal solutions. 🤝 Please join us in welcoming Kemal to the Negative Emissions Platform!

The highly durable carbon removal sector is expanding at an unprecedented pace, with each year surpassing the last in growth and innovation. 📈 In the past few years alone, the carbon removal industry has seen significant advancements, driven by major company acquisitions, government funding initiatives, successful startup fundraising rounds, and high-profile announcements. These developments have propelled 'carbon removal' from a niche concept to a cornerstone of global climate strategies. ℹ Stay informed and ahead of the curve by subscribing to our monthly newsletter. Get the latest insights on: 📑 market trends 🏛 regulatory landscape 👩🔬 scientific advancements and breakthrough technologies 🎖 success stories from carbon removal industry leaders and innovative startups. ✒ Subscribe here: ➡ http://eepurl.com/ip4Nw6

The Negative Emissions Platform has kicked off a series of policy briefs on different EU policies that relate to #CDR. 📅 This week we delve into the EU Carbon Removal and Carbon Farming Regulation (#CRCF). Achieving the European Union’s net-zero target by 2050 presumes not only significant emissions reductions, but also the complementary and sustainable deployment of carbon dioxide removal (#CDR). In this context, the EU Carbon Removal and Carbon Farming (#CRCF) Regulation plays a crucial first step. Read more about #CRCF's: ➡ purpose ➡ content ➡ impact ➡ next steps 🔗 https://lnkd.in/d-9xSnFA

Meet CDRai! The first large language model dedicated to Carbon Dioxide Removal, developed by The OpenAir Collective volunteers. This tool deepens science-based understanding of CDR and is free for everyone—policymakers, journalists, and the general public. Using Retrieval-Augmented Generation (RAG) powered by Pulze, CDRai ensures accurate and current responses from top-tier sources like peer-reviewed journals, accredited institutions, and government research published since 2022. All sources are transparently listed for easy access to deeper insights. Join us in expanding CDR knowledge with The OpenAir Collective! Visit: ➡ https://lnkd.in/gMdVGg8E Big round of applause for The OpenAir Collective volunteers Tina Baumgartner, Tank Chen, Peter Hoberg, and Christopher Neidl for their hard work in making this possible!! 👏

🌍 Congratulations to Ursula von der Leyen on her reelection as European Commission President for 2024-2029! 🎉 This important moment marks an opportunity to fully implement the Green Deal, lock in an ambitious 2040 climate target, and supercharge Europe’s competitiveness. As President von der Leyen rightly highlighted in her Political Guidelines for the next European Commission, "Our era’s greatest challenges – from security to climate change to competitiveness - can only be solved through joint action. Our threats are too great to tackle individually. Our opportunities too big to grasp alone. The world is in a race that will dictate who will be the first to climate neutrality and first to develop the technologies that will shape the global economy for decades to come. Reaching climate neutrality by 2050 will require a wide range of innovative technologies." The next five years are crucial for investing in permanent carbon dioxide removals (CDR), a key component in achieving net-zero. We call on the European Commission to: ➡️ Include CDR in its Clean Industrial Plan, ensuring sustainable investment in support of CDR in Europe ➡️ Set a separate carbon removals target in the revision of the EU Climate Law, with sub-targets for permanent carbon removal and LULUCF ➡️ Amp up R&D funding for CDR ➡️ Ensure a timely implementation of the Carbon Removal Certification Framework ➡️ Amplify international cooperation and EU efforts within global forums to bolster carbon removals For more details on NEP’s priorities for the next mandate, check out our manifesto: https://bit.ly/4cINEp3 Together, let's leverage innovative technologies and collaborative efforts to lead the world towards climate neutrality by 2050. 

We are thrilled to welcome NextGen CDR to the Negative Emissions Platform community! As the first truly global facility of its kind, NextGen CDR unites leading multinational buyers from Asia, Europe, and North America to promote high-quality, certified carbon removals (CDRs) from technological projects. Powered by South Pole and Mitsubishi Corporation, and backed by founding buyers Boston Consulting Group (BCG), LGT Capital Partners, Mitsui O.S.K. Lines, Ltd., Swiss Re, and UBS, NextGen CDR is on a mission to: ➡Purchase over 1,000,000 certified carbon removal credits by 2025 ➡Establish a robust market for high-quality, certified technical CDRs ➡Scale innovative technologies that remove and store CO₂ for hundreds of years ➡Ensure the credibility and environmental benefits of CDRs under ICROA standards ➡Promote international support for technical CDRs across Asia, Europe, and the USA NextGen's ambitious goals align perfectly with our collective mission to drive the adoption of innovative carbon removal technologies and achieve net-zero emissions by 2050. 🤝 Welcome aboard, NextGen CDR!

Our very own Secretary-General Chris Sherwood spoke in a panel at Carbon Gap's The State of Carbon Dioxide Removal in the European Union event on the second edition of the 'State of CDR' report. Speaking on the need for a portfolio approach when it comes to carbon removals, the NEP Secretary-General says, 'We need every country in the world to be looking in a very detailed manner at what their potential is to developing carbon removals locally'. Given the diversity of carbon removal methods that exist, there is something for everyone. If you haven't done so already, we encourage you to go through the State of CDR report: ➡ https://lnkd.in/d97fNnEE And watch the event recording: ➡ https://lnkd.in/eAsTk2Gh

🤝 Come work with us! 🗓 The deadline for the Carbon Dioxide Removal Financing Manager position is set for the end of this week. If interested, send your CV and cover letter by Sunday, 14 July to [email protected] Learn more here: ➡ https://lnkd.in/ehvUe-wi

🌍 Last week, the Austrian Federal Climate Ministry and Federal Finance Ministry unveiled its national Carbon Management Strategy, reinforcing its position as a European leader in the Carbon Dioxide Removal (CDR) sector.   The strategy includes several key action points: ➡ Assessing the potential of various permanent removal technologies to generate negative emissions within Austria; ➡ Setting up CDR targets; ➡ Lifting the ban on geological storage; ➡ Evaluating and optimising the use of existing and future financing tools to support the CDR sector.   We congratulate the Austrian ministries on this significant step forward and call on other European countries to develop their own national strategies to support the necessary deployment of permanent CDR 🌱🇦🇹   You can find the Strategy and the accompanying evaluation report on CO2 storage here: bit.ly/3RQ5Dl4