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policy instrument · 6 February 2024
Industrial Carbon Management Strategy (ICMS)
Jurisdiction countryEU
Instrument typemandate-target
Authoritygovernment
PathwaysDirect air capture, Bioenergy with carbon capture and storage
Scopecarbon removal and point-source capture
Statusin-force
DetailEuropean Commission communication (COM(2024) 62) adopted 6 February 2024 outlining the role of industrial carbon management technologies, including carbon dioxide removal methods (BECCS, DACCS, and biogenic carbon), in decarbonising the EU economy. The strategy sets an aspirational target of 5MtCO₂ of industrial carbon removal per year by 2030 (from 2021 Sustainable Carbon Cycles communication). I
Stated statusin-force
Pathway scopespecific
Pathway notestrategy narrowly focuses on 'industrial CDR' defined as DACCS, BECCS and biogenic carbon capture
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