Joint letter – ICC reform and expansion risks diverting ETS Revenues from real climate action
In light of the European Commission’s ongoing considerations to amend the ETS State Aid Guidelines, revising the rules for Indirec...
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Publish date: May 27, 2022
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On April 4th , the International Panel on Climate Change (IPCC) published Working Group III’s contribution to the Sixth Assessment Report on the mitigation of climate change. The NEGEM consortium, of which Bellona is a part, congratulates the hundreds of scientists, technical experts and reviewers involved in the drafting of this important document.
This briefing outlines the NEGEM consortium’s reflections on the way CDR is handled in the IPCC report and provides recommendations for ongoing CDR research and policy developments. The headline message of the report is clear: our current and expected pathways of emissions are not in line with the Paris Agreement and we must move quickly to reduce emissions this decade.
The consortium echoes the statement made by Jim Skea, co-Chair of the IPCC WGIII, at the presentation of the report: “It’s now or never, if we want to limit global warming to 1.5°C; without immediate and deep emissions reductions across all sectors, it will be impossible.”
Read the full briefing here.
About the NEGEM consortium – NEGEM is a Research and Innovation Action made up of 16 partners, funded by the EU Horizon 2020 Programme, to assess the realistic potential of Negative Emission Technologies and Practices (NETPs) and their contribution to climate neutrality, as a supplementary strategy to emissions mitigation.
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