EXECUTIVE SUMMARY – Understanding transition scenarios Eight steps for reading and interpreting these scenarios

On the cusp of the Age of Electricity, Europe is on a mission to both strengthen industrial competitiveness and accelerate decarbonisation. The European Commission’s Clean Industrial Deal serves as the blueprint to deliver this ambition.

With the entry into force of the European carbon farming certification framework (CRCF), the European Union now has a first-of-its-kind tool to certify climate-friendly agricultural and forestry practices.

An Improved Forest Management (IFM) methodology has been initiated under the Carbon Removals and Carbon Farming regulation (CRCF), alongside a near-finalised afforestation methodology. As concerns grow over the declining capacity of Europe’s forests, determining which forest management practices should be incentivised through carbon certification is far from straightforward.