4. February, 2025

A tale of two standards: Paris Agreement Crediting Mechanism vs EU’s Carbon Removals and Carbon Farming

Article 6.4 of the Paris Agreement took centre stage in 2024, introducing the first-ever Paris-aligned standards for carbon removals – activities that get credit for taking carbon out of the atmosphere rather than for preventing greenhouse gases from entering the atmosphere –, officially approved by the Parties on the opening day of COP29 in Baku (our analysis on this here). From mid-2025, stakeholders can begin submitting removal methodologies for review under Article 6.4 (or Paris Agreement Crediting Mechanism – PACM), with carbon credits from these methodologies expected to become available by 2026.

Similarly, the European Commission delivered a long-anticipated breakthrough with the formal adoption of the EU Carbon Removal Certification Framework (CRCF). Officially entering into force on 27 December last year, the adoption of the framework marks the culmination of a legislative journey that began with a proposal in November 2022. The first certification methodologies under the CRCF are slated for release in Q1 2025, paving the way for CRCF-certified units to emerge in 2026.

As the carbon removal industry takes shape, Article 6.4 and the CRCF emerge as key frameworks. While both systems aim to standardise carbon removal practices and ensure environmental integrity, their design, scope, and implementation strategies highlight fundamental differences. Following up on our last analysis, we look into their requirements, definitions, and coverage, exploring how these standards might align—or compete—in the years ahead.

Related content

Share this on

LinkedIn
X
Facebook

Our solutions

Veyt specialises in data, analysis, and insights for all significant low-carbon markets and renewable energy.

Search

Join our newsletter

Newsletter Subscribe

Veyt is committed to protecting and respecting your privacy, and we’ll only use your personal information to administer your account and to provide the products and services you requested from us. From time to time, we would like to contact you about our products and services, as well as other content that may be of interest to you. You may unsubscribe from these communications at any time. Click here to view our terms and conditions.

Consent

Request a demo to access premium articles and platform features

Gain access to a wealth of premium articles and unlock multiple other features of our platform by requesting a demo today.

Join our newsletter

Newsletter Subscribe

Veyt is committed to protecting and respecting your privacy, and we’ll only use your personal information to administer your account and to provide the products and services you requested from us. From time to time, we would like to contact you about our products and services, as well as other content that may be of interest to you. You may unsubscribe from these communications at any time. Click here to view our terms and conditions.

Consent

Innovation

Innovation for us is a mindset encompassing the courage to challenge norms and the adaptability to evolving landscapes. Our commitment means we go beyond technological advancements, aspiring to redefine what’s possible.