Call for Evidence: EU’s global climate and energy strategy for 2025-2029
Carbon Balance Initiative welcomes the opportunity to inform the EU’s Global Climate and Energy Strategy in preparation for COP30 and the revised Nationally Determined Contributions. Drawing on our core work, we propose five priority recommendations that the EU Global Climate and Energy Strategy should include to elevate EU global leadership and to help reverse the trajectory of warming during the critical decade ahead.
Read the full submission here
We outline key priority areas for the European Union in its international leadership:
Align target-setting with geological net zero, and introduce disaggregated accounting across emission reductions, geological-timescale storage, active biogenic removals, and passive sinks.
Geological storage should be treated as a finite and intergenerational resource rather than a limitless commodity, and national governments should be transparent about their reliance on geological storage.
Ensure that its engagement with Article 6 upholds integrity, transparency, and ambition by adopting the Oxford Principles for Responsible Engagement with Article 6.
Reaffirm the commitment to transition away from fossil fuels, whilst encouraging long-term regulation for any remaining fossil fuel production through instruments like the Carbon Takeback Obligation.
Strengthen multilateralism and prepare for anchoring an upper limit to overshoot in future negotiations, advance clear net-negative targets, and embed accounting for historical and overshoot emissions into the multilateral conversation.