One of the key topics that will be addressed in GHG Protocol's upcoming Land Sector and Removals standard and guidance will be separate accounting and reporting of CO2 removals from GHG emissions. Prepare for the publication by reading World Resources Institute's technical perspective on separate climate targets to understand how emissions reductions and removals can be be balanced to ensure carbon removal doesn't detract from emissions reductions.
Carbon dioxide removal (CDR) will be key to counterbalancing “residual emissions” from sources that are challenging to abate to achieve net zero and ultimately a net-negative future. However, the “net” in “net zero” can obscure very different levels of CDR and emissions reductions that can be used to reach net zero. Planning for high levels of CDR can be risky because of high costs, non-climate impacts, and uncertainty around technology development. Setting separate targets for carbon removal and emissions reductions can provide transparency around the level and role of CDR in meeting targets, and is a first step to avoiding over-reliance on CDR. Read how countries can set stronger, transparent separate targets for emissions reduction and carbon removal in the long-term strategies and nationally determined contributions they submit to the UNFCCC: https://bit.ly/3YHNiet #CarbonRemoval #CarbonDioxideRemoval #CDR #NetZero #SeparateTargets
Thanks for sharing this resource!