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policy instrument
International Carbon Removal Credits for the EU's 2040 Climate Target
Jurisdiction countryEU
Instrument typecompliance-inclusion
Authoritygovernment
Scopecarbon removal only
Statusproposed
DetailEuropean Commission proposed allowing up to 5% of the EU's 2040 climate target to be met through international carbon credits (emission reductions or CO₂ removals outside the EU). This means approximately 85% would be achieved through domestic EU emission reductions while up to 5% could be covered by international carbon credits. The proposal emphasizes prioritizing high-quality carbon dioxide rem
Monetary noteUp to 5% of the EU's 2040 climate target (90% net reduction in GHG emissions by 2040 compared to 1990 levels) could be met through international carbon credits
Stated statusproposed
Pathway scopeall-cdr
Pathway noteproposal covers 'high-quality carbon dioxide removal' generally without naming specific pathways
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