1 September 2026

With its proposal to revise the EU Emissions Trading System, the European Commission has laid the groundwork for a European market for permanent carbon removal. The proposed mechanism aims to finance 250 million tonnes of permanent CO₂ removal through ETS revenues by 2040.

DVNE welcomes this step but calls for six concrete amendments to ensure the mechanism delivers the intended volumes. These include binding removal targets, technology-neutral eligibility, additional funding and long-term offtake agreements. Explore our position and detailed legislative amendments in the Policy Paper below – read it online or download the PDF.