Energy Efficiency incl. Circular Economy
The Commission adopted a Communication on Sustainable Carbon Cycles, setting out how to increase removals of carbon from the atmosphere. To balance out the impacts of our CO2 emissions, the EU will need to drastically reduce its reliance on fossil carbon, upscale carbon farming to store more carbon in nature, and promote industrial solutions to sustainably and verifiably remove and recycle carbon. Removing and storing more carbon, from the atmosphere, oceans, and coastal wetlands, is essential to achieve the EU's legally binding commitment to become climate neutral by 2050. The Communication sets out short- to medium-term actions to support carbon farming and upscale this green business model to better reward land managers for carbon sequestration and biodiversity protection. By 2030, carbon farming initiatives should contribute 42Mt of CO2 storage to Europe's carbon sinks.
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