I4CE – Institute for Climate Economics is pleased to contribute to the 17th edition of Capgemini’s report on the European Observatory of energy markets. Emilie Alberola, Marion Afriat and Matthieu Jalard provide an overview of COP21 challenges and of carbon pricing policies before drawing up an analysis on European climate policy effectiveness.
Download the full report here
European Energy Markets Observatory of Capgemini: I4CE’s contribution
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.
In France, after the French “Low Carbon Label” (le Label bas carbone, LBC) certification scheme, there remains a systemic lack of funding for agricultural projects. Among the reasons mentioned by the agri-food industries is the fear of “double claiming”.