Carbon Removal Certification Framework (CRCF)
A framework for certifying high-quality carbon removal projects.
What is Carbon Removal Certification Framework (CRCF)?
The Carbon Removal Certification Framework (CRCF) is an initiative by the European Commission aimed at establishing a robust and transparent framework for certifying high-quality carbon removal activities within the European Union. It defines criteria for what constitutes genuine carbon removals, focusing on quantification, additionality, permanence, and sustainability.
Why is Carbon Removal Certification Framework (CRCF) important?
The CRCF is important because it is a foundational step towards building a credible market for carbon removals in the EU. By setting clear, legally binding standards, it aims to reduce greenwashing risks, build investor confidence, and accelerate the deployment of various carbon removal technologies and nature-based solutions needed to achieve EU climate targets.
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Frequently asked questions
The main goal is to create a harmonized and reliable system for certifying carbon removal units in the EU, ensuring their environmental integrity and promoting investment in high-quality removal projects.
The CRCF will apply to various carbon removal activities, including permanent storage (e.g., geological storage, carbon mineralization) and carbon farming (e.g., soil carbon sequestration, agroforestry, forest restoration).
The CRCF will classify carbon removal activities based on their storage duration, with differentiated rules and liabilities for risks of reversal, ensuring that longer-term storage receives appropriate recognition and guarantees.