52 | The EU’s 2040 Climate Target: Credits and Credibility - with Lambert Schneider

The EU is preparing to allow the use of international carbon credits towards its 2040 target, a major policy shift. At the same time, the EU is also establishing a domestic carbon crediting scheme: the CRCF.

But this raises some important questions:

▪️ What kinds of credits should be eligible?
▪️ How can the EU ensure integrity when engaging in international credits?
▪️ How do the PACM and the CRCF compare in terms of integrity?

To unpack what this all means in practice - from the design of the rules to which credit types could qualify - co-hosts Eve Tamme and Sebastian Manhart chat with the brilliant Lambert Schneider, Research Coordinator for International Climate Policy at Oeko-Institut, and a climate policy veteran.

• Eve Tamme: LinkedIn (linkedin.com/in/evetamme) and Website (evetamme.com)
• Sebastian Manhart: LinkedIn (linkedin.com/in/sebastianmanhart) and Website (sebastianmanhart.com)
• Lambert Schneider: LinkedIn (linkedin.com/in/lambert-schneider-2409386) and Oeko-Institut (linkedin.com/company/oeko-institut-e-v)
• 2040 Climate Target Proposal (climate.ec.europa.eu/eu-action/climate-strateg…)
• The Council of the EU's negotiating mandate on the EU’s 2040 Climate Target (data.consilium.europa.eu/doc/document/ST-14960…)
• EU’s 2035 NDC (data.consilium.europa.eu/doc/document/ST-14929…)
• Revised methodologies under the EU Carbon Certification Removal Framework continue to lack integrity (oeko.de/en/blog/revised-methodologies-under-th…)
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