What is Carbon Removal?
Carbon removal involves strategies and methods that actively extract carbon dioxide (CO2) and other greenhouse gases (GHGs) from the atmosphere. This process is crucial in the fight against climate change and has been recognised by scientific bodies and frameworks like the IPCC and SBTi as essential for meeting Net Zero goals.
Benefits of Carbon Removal:
- Direct Impact by physically removing CO2 from the atmosphere.
- Supported by scientific bodies as essential for achieving net zero emissions.
- Provides a sustainable, long term solution for atmospheric CO2 reduction.
Downsides to Carbon Removal:
- Tech-based removal projects don’t offer many co-benefits
- Scaling these solutions to a meaningful level is a significant challenge.
- Carbon removal projects can be quite expensive when using new technological solutions.
Common Types of Removal Projects:
- Direct Air Capture and Storage
- Reforestation and Afforestation
- Biochar
- Enhanced Rock Weathering
What is Carbon Avoidance?
Carbon avoidance involves actions that prevent the release of Carbon Dioxide (CO2) and Greenhouse Gases (GHGs) into the atmosphere, reducing future emissions.
Benefits of Carbon Avoidance
- Immediate impact by reducing or preventing further emissions.
- Diverse Solutions ranging from renewable energy projects to sustainable forestry.
Downsides to Carbon Avoidance
- Critics have raised concerns around whether avoidance projects provide additional environmental benefits.
- Avoidance projects cannot neutralise existing emissions, making them limited in achieving Net Zero targets.
Common Types of Avoidance Projects:
- Renewable Energy (Wind, Solar, Hydro)
- Sustainable Forestry Practices
- Methane Capture Technologies
- Conservation & Biodiversity
Considerations for Net Zero
- Importance of Removals: Removals are essential for achieving Net Zero, as recognised by the SBTi, IPCC, and the Oxford Principles.
- Balancing Strategies: A combination of both avoidance and removal strategies is crucial for a comprehensive approach to climate change.
- Quality and Verification: Ensuring the integrity of both avoidance and removal projects is essential, focusing on the additionality and long-term effectiveness of these projects.
- Support for Innovation: Continued investment in innovative removal technologies is key to advancing climate solutions.