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Regulation (EU) 2024/3012 establishing a Union certification framework for permanent carbon removals, carbon farming and carbon storage in products

This Regulation establishes a voluntary Union certification framework for permanent carbon removals, carbon farming and carbon storage in products. Its…

What Regulation (EU) 2024/3012 establishing a Union certification framework for permanent carbon removals, carbon farming and carbon storage in products requires

This Regulation establishes a voluntary Union certification framework for permanent carbon removals, carbon farming and carbon storage in products. Its aim is to facilitate and encourage high-quality carbon removals and soil emission reductions, complementing emission reductions across all sectors, in full respect of biodiversity and zero-pollution objectives. The framework defines quality criteria: activities must generate a net carbon removal benefit or net soil emission reduction benefit (quantified against standardised baselines updated at least every five years), be additional (beyond statutory requirements and financially viable due to the incentive effect of certification), and ensure long-term storage (permanent carbon removals must store carbon for several centuries; carbon farming sequestration units and carbon storage in product units have an expiry date at the end of the monitoring period, which must cover at least 35 years for carbon storage in products). Activities must do no significant harm to the environment and may generate co-benefits. Certification requires independent third-party auditing by accredited certification bodies, with initial audits before implementation and re-certification audits at least every five years. Certified units must be accounted for to avoid double counting and cannot contribute to third-party NDCs. The Commission will adopt delegated acts establishing detailed certification methodologies. The framework is voluntary; existing and new schemes may apply for Commission recognition.

Pillar: Energy & Utilities · Authority: European Union · Version: 1.0.0 · Last updated:

Primary source: https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX:32024R3012

SHA-256 integrity: 7d58be5b0c01f9d6c9e2a799a80470a2ef8a34568958e8af9e96d96b877acc38

Primary Citations — 7 traced to source

  • Regulation (EU) 2024/3012 of the European Parliament and of the Council of 27 November 2024 establishing a Union certification framework for permanent carbon removals, carbon farming and carbon storage in products, Recital 11 - sets out quality criteria including quantification, additionality, long-term storage, no significant harm, co-benefits, and third-party auditing.
  • Regulation (EU) 2024/3012, Recital 14 - requires quantification of net benefit against standardised baselines, reviewed every five years.

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