To maximize our chances of limiting global warming to 1.5°C above pre-industrial levels, global greenhouse gas emissions must be reduced at an unprecedented speed over the next decades: CO₂ emissions must decrease by at least 90% by 2050 according to the SBTi. In addition, carbon dioxide removal (CDR) solutions are needed to neutralize any residual emissions and thus enable the world to achieve net zero CO₂ by 2050.
In line with what climate science states, Climeworks is calling for a clear and distinct role of CDR, which can be summarized as follows:
Thanks to Adina Braha-Honciuc, Microsoft's Director of Sustainability Policy in Europe, Eve Tamme, Managing Director at Climate Principles, Mark Preston Aragonès, Policy Manager Carbon Accounting at Bellona Europe, Philip Moss, Global Director for Tech Removals at South Pole, Matthias Krey, Secretary General, and Christiaan Gevers Deynoot, Deputy Secretary General, of the CCS+ Initiative as well as Zeke Hausfather, Climate research lead at Stripe, for providing supporting quotes on this important topic.