Both in Germany and internationally, the debate on the pricing of greenhouse gas emissions is experiencing a renaissance. However, an enlightened and realistic discussion of ways and means is needed so that CO2 pricing instruments can play a stronger role in climate policy. In this study, climate and energy expert Felix Chr. Matthes of the Öko-Institut examines the relevant elements of a CO2 pricing strategy. He gives an overview of design criteria and mechanisms of action.
The Paris Agreement’s target of limiting global temperature rise to 1.5 degrees is largely dependent on Carbon Dioxide Removal (CDR) approaches and climate finance institutions are already supporting such afforestation schemes. The report describes existing trends in the field of large-scale biosequestration and examines the social and ecological impacts of such projects.