Hybrid Event: Achieving climate neutrality and the Paris Agreement goals: Opportunities for ocean-based methods of carbon dioxide removal (CDR)
Tuesday 25 October 2022, 12:00 – 14:00 CEST
Hybrid event organized at the European Parliament (Room ASP 5G1) & WebEx Events
Co-hosted by MEP Maria da Graça Carvalho
& MEP Catherine Chabaud
Co-Chairs of the ‘Ocean Governance’ Working Group of the European Parliament Intergroup on ‘Climate Change, Biodiversity and Sustainable Development‘
- If you would like to physically attend the meeting at the European Parliament, please fill in the Physical Attendance Registration Form (Registrations for physical attendance will close on Thursday 20 of October 2022 at 17:00 CEST)
- If you would like to join the event online, please fill in the Online Attendance Registration Form.
Even with ambitious climate policies, humanity is still expected to release 5-15% of current carbon dioxide emissions in three decades, further driving global warming. One way out is to compensate by targeted carbon dioxide removal and storage. Many carbon capture and storage processes are land-based; since land is already a scarce resource, ocean-based approaches and processes are increasingly being researched.
A common challenge in many negative emission technologies is the difficulty of creating new global industries and supply chains. Therefore, there is a need to examine realistic deployment scenarios for the different methods by e.g. augmenting existing infrastructure. In addition, the technical, social, environmental and economic consequences of modifying current industries to increase greenhouse gas removal need to be identified, yet with implications that are relevant to the creation of new technologies. As a result, a multi-disciplinary and reflexive approach is key, especially when looking at the certification of carbon removal methods.
Given the potentially valuable contribution, but also controversial nature of ocean-based methods of carbon dioxide removal (CDR), this science-policy event aims at introducing a discussion around the societal, environmental, economic, and political implications of CDR methods, as well as important, necessary directions. As a result, this event organized under the umbrella of the European Parliament Intergroup on ‘Climate Change, Biodiversity and Sustainable Development’ invites Members of the European Parliament, the European Commission, member states, and other interested stakeholders, including non-governmental organizations, industry and academia, to address the previous results of OceanNETs and CDRmare, specifically looking at important background information for national, European and international political processes, agreements and regulations, such as the national Climate Protection Plan 2050, the IPCC reports, the COP27 negotiations and the European Commission’s initiative on ‘Certification of carbon removals’.