European Carbon Certification must be demanding… and appealing

2 December 2022 - Foreword of the week - By : Claudine FOUCHEROT

How can we differentiate between projects that really enable carbon to be stored and those that only claim to do so? This is a complicated question when dealing with projects in agriculture and forestry, where quantifying carbon storage is complex, and where other environmental challenges, like the preservation of biodiversity, must also be taken into account. A complicated question, therefore, but one that needs an answer! Private actors and public authorities want to ensure that the agricultural and forestry projects financed in the name of the climate have a real environmental benefit.

 

Carbon certification systems have multiplied in recent years to answer this question. The problem is that their requirements are heterogeneous, to say the least. This is why the European Commission has just proposed a new regulation to create a common carbon certification “framework” at the European level. This might provide clarity for funders, farmers and forest owners.

 

This Commission proposal is therefore excellent news but, as the analysis we have made of it in this newsletter shows, better can sometimes be the enemy of good. The impossibility of valuing agricultural emission reductions in addition to carbon storage, or an overly complex way to ensure the long-term storage of carbon, may put off actors in the field. If the future European carbon certification framework is not sufficiently attractive, it will miss its objective. The ball is now in the court of the Council and the European Parliament.

 

Read more

To learn more
  • 01/13/2023 Foreword of the week
    2023 agenda: there has never been a better time to act

    2022 was an eventful year in terms of climate. The year saw the emergence of a new concept, that of the polycrisis: war in Ukraine, the aftereffects of Covid, the return of inflation, the gas crisis, agricultural shortages, persistent droughts and other dramatic climatic events… all of these crises have ultimately pointed to our direct or indirect dependence on fossil fuels; our weaknesses when faced with a changing climate; and the vulnerability of our economies and the middle and lower classes.

  • 07/08/2022 Op-ed
    Op-ed | Payment for carbon farming: we need an ambitious and pragmatic European certification

    The European Commission will propose a `carbon certification’ by the end of the year as a first step towards remunerating farmers and foresters who contribute to carbon farming. This certification project raises debates and concerns. For Adeline FAVREL of I4CE, the EU can respond and develop an ambitious certification by relying on the experience of the Member States in this field.

  • 03/17/2022 Blog post
    French Presidential election: consensus for the new five-year term

    For a year, I4CE has been meeting with the campaign teams of the main presidential candidates to encourage them to prepare their climate program in order to reach the French objectives. In particular, we asked them to prepare their “climate budget”: the State and more broadly the public authorities now play a decisive role in the necessary investments for the climate, and they must anticipate the considerable increase in these investments for France to achieve its 2030 objective. All the more now the European target has been raised. Preparing a climate budget is a mark of credibility and transparency, a test of consistency.

See all publications
Press contact Amélie FRITZ Head of Communication and press relations Email
Subscribe to our mailing list :
I register !
Subscribe to our newsletter
Once a week, receive all the information on climate economics
I register !
Fermer