Negative Emissions Platform

👏 Could this be the most exciting job opportunity in carbon dioxide removal? 👏 COP30 in Brazil will be huge and will set the stage for decades to come. Building on the great progress for carbon removals (CDR) at COP29, the CDR industry is now starting to mobilise to make COP30 📈 the breakout COP for CDR. 📈 🫵 And we need you. Specifically, we are looking for someone who will lead the industry’s efforts to prepare, set-up, and run the first ever CDR Pavilion at a COP. What you need to bring to the table: ♾️ You are based in, or regularly travel to, Brazil ♾️ You speak Portuguese ♾️ You are familiar with the CDR ecosystem You can spend a significant amount of time on this (minimum 2 days a week in H1; full-time in H2) for the next 12 months Sounds exciting? Look no further. Express you interest here:  🌐 https://lnkd.in/ehvUe-wi 🤝 Vamos nessa - não temos tempo a perder.

🤝 A united call for integrating carbon removals into the Clean Industrial Deal 🤝 Together with 44 organisations, the Negative Emissions Platform has addressed an open letter to President von der Leyen, Executive Vice-Presidents Ribera and Séjourné, and Commissioner Hoekstra. The letter calls on the European Commission to ensure the Clean Industrial Deal supports investment, innovation, and deployment in carbon dioxide removal (CDR), a cornerstone of Europe’s path to climate neutrality.   ℹ️ Our key asks: ♾️ Streamline permitting processes to accelerate CDR deployment. ♾️ Establish an Important Project of Common European Interest (IPCEI) for CDR to foster cross-border coordination. ♾️ Introduce competitive financial incentives to attract and retain CDR companies. ♾️ Invest in workforce development to support a growing CDR industry and ensure a just transition.   CDR is critical to meeting net-zero targets. With the Clean Industrial Deal and Climate Law revision on the horizon, now is the time to ensure carbon removals are at the heart of Europe’s climate strategy.   👓 Read the full letter here: 🌐 https://lnkd.in/d5JjFYZ5

Last week at #COP29, XPRIZE in partnership with ClimeFi (formerly CarbonX) launched the Global 1000 CDR Challenge—a bold initiative to drive transformative action on climate change. 🌎 The Challenge calls on the world’s top 1,000 companies to commit to purchasing at least 1,000 tonnes of permanent carbon removal (CDR) by 2025, creating over 1 million tonnes of new demand for CDRs by the end of next year—crucial to getting to gigatonne-scale removal. Participating companies will be celebrated on a global leaderboard, showcasing those at the forefront of climate action. Learn more and take the pledge here. ➡️ https://lnkd.in/gyeX5jkM

⏰ ⏰ Now is the time to secure the European Union's competitive edge! 2025 will begin with the European Commission's revision of the EU Climate Law (ECL) to set the EU's 2040 climate goals. While the current plan is to propose a net 90% target, this is a crucial opportunity to include distinct sub-targets for gross emissions reductions, permanent carbon removals, and natural sinks. Establishing these dedicated targets would provide the clear market signals needed to unlock investment, scale operations, and reinforce Europe’s competitive advantage in the growing carbon removal sector. 📈 As global demand for carbon removals accelerates, Europe has the chance to lead❗ Separate targets for emissions reduction and carbon removals will prevent mitigation deterrence. This will ensure that carbon removals complement, rather than substitute for, deep and sustained emissions reductions. By making this distinction, the EU can provide a solid foundation for the parallel development of both strategies, strengthening the credibility and integrity of its climate policy. By adopting these sub-targets, the EU can drive innovation and ensure carbon removals play an important role in achieving our climate goals. For more detailed information on the inclusion of permanent carbon removals into the 2040 Climate Targets and the European Climate Law revision, access our position paper: ➡️ https://lnkd.in/dV5e4-MS

📈 Permanent carbon dioxide removal (CDR) activities must be scaled up drastically to meet EU climate targets. However, despite the significant public benefits they offer, high upfront investments and operational costs hinder the development, deployment, and diffusion of CDR technologies. 📊 We conducted a survey conjointly with Negative Emissions Platform, to identify financing barriers and better understand where policy interventions might be necessary. 🗝️ Here are 4 key findings: 𝗔𝗱𝗱𝗿𝗲𝘀𝘀𝗶𝗻𝗴 𝗰𝗮𝗽𝗶𝘁𝗮𝗹 𝗰𝗼𝘀𝘁𝘀: Capex remains a significant barrier for most CDR methods. Both pre-commercial and commercial-scale systems need targeted relief through mechanisms such as investment subsidies and loan guarantees. 𝗥𝗲𝗱𝘂𝗰𝗶𝗻𝗴 𝗼𝗽𝗲𝗿𝗮𝘁𝗶𝗻𝗴 𝗰𝗼𝘀𝘁𝘀: Policy interventions must address Opex to enable CDR business models. For instance, access to affordable renewable electricity can influence siting decisions for energy-intensive methods like DAC, ensuring firms avoid relocating to regions with lower costs. 𝗖𝗮𝘁𝗮𝗹𝘆𝘀𝗶𝗻𝗴 𝗱𝗲𝗺𝗮𝗻𝗱: CDR developers emphasise the transformative potential of demand-side mechanisms. Price guarantees such as Contracts for Difference (CfDs) provide revenue predictability and stability. Public procurement of CDR units offers a lifeline for CDR projects by bridging the gap to future market demand, thereby fostering scale and learning curves. 𝗣𝗵𝗮𝘀𝗶𝗻𝗴 𝗶𝗻 𝗰𝗼𝗺𝗽𝗹𝗶𝗮𝗻𝗰𝗲 𝗽𝗼𝗹𝗶𝗰𝘆: Over the longer term, compliance mechanisms need to establish reliable demand for CDR. However, market-based incentives must be complemented by separate targets and clearly defined strategies for CDR in climate policy. Read the full blog below for an in-depth data analysis of the survey. 👇 Interested in an assessment of CDR research gaps and how to better finance them? Visit our brand-new database. 👉 https://lnkd.in/eqdPi5yA #CDR #CDRPolicy #CarbonRemoval Francesca Battersby, Atilla Yucel, Alina Toporas

🎬 Negative Emissions Platform Board Recommendations! This week, NEP President M. Kemal Armada highlights the Netflix series “What’s Next? The Future With Bill Gates”, which features an episode on the issue of climate change, that further dives into the role of carbon removal technologies. This Netflix episode places the spotlight on Direct Air Capture (DAC). Featured in the series are Climeworks and Carbfix, both NEP Members, showcasing their groundbreaking work in capturing and storing CO₂. As the documentary explains, to limit warming to 1.5°C, we need to remove about 10 gigatons of CO₂ annually for the next 50 years. Climeworks is at the forefront, currently capturing CO₂ at scale with the only commercially operating plants, while Carbfix demonstrates the revolutionary process of turning CO₂ into stone beneath the Icelandic bedrock — the world's first injection well for this method! However, with current capture plants removing less than 100,000 tons annually, scaling up to billions of tons is essential to make a significant impact. Watch the trailer to see how these solutions could change our future. 🌐 https://lnkd.in/gCrHWyvC As a sector rich in DAC expertise, we're proud to count Heirloom, Mission Zero Technologies, CarpeCarbon, Carbon Engineering, Phlair, Carbyon, Zero Carbon Systems, Skytree among our Members. DAC is just one of many approaches to CDR that we’re exploring together to scale climate solutions. Stay tuned for weekly recommendations from our Board Members featuring more innovative content on carbon removal.

We are thrilled to see Everest Carbon, carbon removal measurement company and NEP Member, take a huge leap forward for the carbon removal industry with the launch of the world's first live monitoring sensor for Enhanced Rock Weathering (ERW). Their innovative technology promises to unlock ERW’s potential as a gigaton-scale carbon removal solution by making carbon removal measurable, scalable, and more affordable than ever before. With $3M in new funding, led by VC and NEP Member Carbon Removal Partners and supported by Ponderosa Ventures and Carbon Drawdown Initiative, Everest Carbon’s alkalinity sensor is set to transform how we measure and verify carbon removals in the field. This breakthrough will enable real-time, data-driven reporting, removing the need for labor-intensive lab work while driving down costs by over 90%. A huge step for Everest Carbon—and a crucial step for the entire carbon removals ecosystem. Congratulations to Pascal Michel, Matthias Ginterseder, Jonte Boysen, and the entire team at Everest Carbon! Read the full story: 🌐 https://lnkd.in/eQqFsVb8

🎉 5,000 followers and counting! Thank you to everyone supporting our mission to accelerate permanent carbon removal across Europe. 🌔 This milestone may feel like a small step, but it’s part of a "giant leap" for the future of climate action. From shaping EU policies to raising awareness of permanent CDR solutions, your engagement drives meaningful progress. ✏️ We’re also thrilled to see more companies signing on to the CDR Industry Commitments, signaling a collective dedication to building a sustainable and effective carbon removal market. 🙌 Here’s to the next 5,000! 🤝 Together, we’re making sure carbon removal is at the heart of tackling the climate challenge.

Big news for the European Union! The European Parliament has officially approved the new College of Commissioners. Congratulations to the new leadership team who will drive the EU’s priorities over the next five years! A few highlights: 🔴 Teresa Ribera, Executive VP, will lead the new competitiveness agenda and help shape the post-2030 regulatory framework, key to reaching the EU’s 2040 climate goals. 🔵 Wopke Hoekstra, Climate Commissioner, will focus on enhancing carbon removals and exploring new business models for permanent carbon dioxide removal (CDR). This is a crucial step to include CDR in the revised EU Climate Law. 🟢 Stéphane Séjourné, Executive VP, will push cleantech development and lead the Clean Industrial Deal, with a focus on decarbonizing industry and scaling up sustainable tech. ⚪ Dan Jørgensen, Energy Commissioner, will prioritize building CO2 infrastructure to scale permanent CDR and phase out fossil fuel subsidies. 🟡 Ekaterina Zaharieva, Start-ups and Innovation Commissioner, will boost EU innovation by enhancing funding for start-ups and research, key for advancing CDR tech. Exciting times ahead as the Commission begins its new mandate on 1 December, with major milestones on the horizon: 1️⃣ Within 100 days, we expect the Clean Industrial Deal to be unveiled. 2️⃣ In Q1 2025, a revised Climate Law will be proposed, creating opportunities for carbon removals to be integrated into the EU's climate strategy. For more insights on CDR policy priorities, check out NEP’s latest paper: 'Boosting EU Competitiveness through Carbon Removals'  🌐 https://lnkd.in/dU589qSG

As COP29 wraps up, it’s clear that carbon removals are gaining the attention they deserve, but there’s more work ahead! Negative Emissions Platform staff and Members were on the ground in Baku, calling for separate targets for emissions reductions and carbon removals in climate commitments. Here are some key takeaways from COP29: 🔑 Article 6 Progress: Countries adopted key recommendations on Article 6, marking significant progress. However, critical distinctions between emissions reductions and carbon removals, as well as temporary vs. durable removals, still need to be addressed. 🏆 European Parliament Resolution Win: We applaud the European Parliament’s COP resolution, which calls for separate targets between gross emissions reductions, permanent carbon removals, and LULUCF in the upcoming revision of the Climate Law and NDCs. This step is essential to combat mitigation deterrence and signals the growing demand for carbon removal solutions. ❓ Clearing Up Confusion: While awareness of CDR is growing, misunderstandings about its role, its differences from CCS, and why we need it still linger. Our mission? To keep educating policymakers and stakeholders on  why carbon removals are crucial to net-zero pathways. 🔭 Looking Ahead to COP30: Discussions on carbon removals gained momentum, but the call for a coordinated and dedicated CDR pavilion is louder than ever. The Negative Emissions Platform is eager to support this initiative. Interested in joining forces? Get in touch to stay updated! Let’s keep pushing for the growth of carbon removals and secure their place in global climate agendas! 💪