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How Governments Can Ensure Trust and Transparency in Carbon Removal

This Carbonfuture webinar was recorded on Wednesday, Oct. 30 at 4 p.m. CET / 11 a.m. EST. The carbon removal industry is growing, with investments in emerging technologies and projects increasing over the past few years. More tonnes of CDR have been purchased this year compared to previous years (according to CDR.fyi), but there is still a long way to go to meet the demand needed for net-zero targets. With many of these purchases scheduled to be delivered over the coming years, and as we draw closer to many corporate buyers’ public net-zero deadlines, issues of trust and transparency are at a critical juncture. So what is being done at the governmental level right now to ensure the integrity of this quickly scaling industry? In this webinar, our panel discuss the steps being taken in the United States and the European Union to build trust and transparency in the carbon removal market. They covered current policy developments and explore dthese key questions: What do governments believe will be necessary for scaling CDR now and into the future? What is the role of digital monitoring, reporting and verification (dMRV) in policymaking and planning? What role does the private sector have in assisting policymakers in building integrity in carbon removal? What are the differences in the American and European approach to ensuring trust in carbon markets?