In addition, as announced in the Circular Economy Action Plan, the Commission is developing a regulatory framework for certifying carbon removals based on robust and transparent carbon accounting to monitor and verify the authenticity of carbon removals.
Nature-based solutions that remove carbon from the atmosphere can help the EU achieve climate neutrality and should therefore be rewarded.
Depending on the outcome of the CAP negotiations, eco-schemes can bring between 38-58 billion Euro to farmers.
The Commission already included carbon farming in its recommendations to the Member States’ CAP Strategic Plans.
Pilot projects are also co-financed by the EU through several channels, like the LIFE Programme and the European Regional Development Fund.
Furthermore, the Commission is organising a workshop on 25 May to help Member States design carbon farming schemes in their CAP Strategic Plans.
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