The UK was the first European country to establish an emission trading scheme under the mandate of the Kyoto Protocol. Despite having integrated in the EU ETS in 2007, the UK has developed it’s a Carbon Price Floor, a unique national EU ETS feature among participants.
Published in May 2015 by I4CE together with the International Emissions Trading Association (IETA) and the Environmental Defense Fund (EDF).
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”.
