Published November 11, 2024
| Version v1
Publication
Open
Let it sink in: New governance and finance structures are needed to scale up carbon dioxide removals
Creators
- 1. Potsdam Institute for Climate Impact Research (PIK)
- 2. Mercator Research Institute on Global Commons and Climate Change (MCC)
- 3. Technische Universität Berlin (TUB)
- 4. Humboldt-Universität zu Berlin (HU)
- 5. Universität Potsdam
- 6. KfW Research
Description
In light of the COP29 thematic backdrop, this article outlines five priority fields of action: (1) Adapt carbon markets to support net-negative emissions, (2) Expand market coverage to include more countries, (3) Support innovation and investment in CDR technologies, (4) Establish a CDR buyers' club to ensure demand, and (5) Operationalise Article 6 of the Paris Agreement to enable the international transfer of carbon credits, while ensuring robust environmental and social safeguards.
Files
241111-let-it-sink-in-COP29-KfW-PIK.pdf
Files
(391.5 kB)
| Name | Size | Download all |
|---|---|---|
|
md5:cc4145dc2cbbc6c1761277b5b763a615
|
391.5 kB | Preview Download |
Additional details
Dates
- Created
-
2024-11-11