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policy instrument
EU Emissions Trading System revision proposal (post-2030)
Jurisdiction countryEU
Instrument typeprocurement
Authoritygovernment
PathwaysBioenergy with carbon capture and storage, Direct air capture
Scopecarbon removal only
Statusproposed
DetailEuropean Commission proposal (July 2026) to revise the EU ETS for the post-2030 period. The EU would fund the purchase of up to 250 Mt of permanent removals certified under the CRCF between 2031 and 2040. An EU central purchasing facility would be created to prioritize cost-effective, high-integrity projects, paying upon delivery of certified units. Initially only BioCCS and DACCS qualify. Biochar
Monetary notePurchases financed by auction revenues from up to 260 million ETS allowances. The Commission's Impact Assessment puts the purchasing budget at up to €50 billion over the period. Payment is upon delivery of certified units.
Stated statusproposed
Pathway scopespecific
Pathway noteInitially only BioCCS and DACCS qualify for the EU purchase of permanent removals; biochar is not initially included and nature-based removals are only to be considered by 2034.
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