Stakeholder Consultation – Bridging the CDR funding gap: design options and policy choices
October 14 @ 15:00 - 16:30
This is an online event.
By invitation only. If you are interested in attending, please contact mvarricchio@ercst.org
This Stakeholder Consultation is designed to examine how the European Union can accelerate the deployment of permanent CDR solutions by designing effective funding mechanisms. The discussion will begin with an exploration of the current landscape of CDR financing in the EU, acknowledging that while CDR is increasingly recognized as a strategic tool for achieving climate neutrality by 2050, the existing funding frameworks remain fragmented and complex to navigate.
Key topics will include the potential of a public purchasing programme for permanent carbon removal credits, the design and application of Carbon Contracts for Difference (CCfDs), and the role of other mechanisms such as competitive tenders and voluntary markets. The event will encourage debate on the advantages, risks, and trade-offs of each approach, and seek input on policy choices that can ensure high-quality, verifiable removals while mobilizing both public and private investment.
The goal is to identify actionable pathways for the EU to lead in the development and scaling of robust CDR solutions as part of its climate neutrality strategy.
