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policy instrument
Federal Act on climate action objectives, innovation and energy security
Jurisdiction countrySwitzerland
Instrument typemandate-target
Authoritygovernment
Scopecarbon removal and point-source capture
Statusproposed
DetailInformally called the Climate Change and Innovation Act; a counter-proposal by the National Council to the 'Glaciers Initiative' popular initiative. The Swiss Parliament passed the law, but the Swiss People's Party (SVP) initiated a referendum, with the public vote scheduled for 18 June 2023 to decide whether it is formally adopted. The Act would impose a greenhouse gas neutrality target by 2050,
Monetary noteIndustrial and commercial companies using innovative climate-friendly technologies would benefit from support of 200 million Swiss francs per year, limited to six years.
Stated statusproposed
Pathway scopeall-cdr
Pathway noteThe Act sets a 2050 net-zero target and a legal obligation to use CDR to offset residual emissions, with no particular removal pathway singled out (DACS is mentioned only as an example of high-quality CDR).
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