Christoph Beuttler, Chief Climate Policy Officer at Climeworks comments: "Establishing strong monitoring, reporting and verification (MRV) standards in the carbon removal industry is very important to make different carbon dioxide removal (CDR) approaches comparable, and incentivize the creation of high-quality CDR that is additional, measurable and highly durable. In essence we need to define what a ton of CDR actually is. The standards set now will live for a long time. We need to make sure they are up to the task, which is what this industry letter is calling for."
Read more about the industry call in CarbonPlan's blog.