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8th Strategic Dialogue of the CMP - Laura Messina, Italy

Session 2C presentation from the 8th Strategic Dialogue of the Carbon Market Platform, 23-24 October 2023

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Italy’s reflections on market
integrity in the VCMs
Laura Messina
Italian Ministry of the Environment and Energy Security
Proposal for a REGULATION OF THE EUROPEAN PARLIAMENT AND OF THE
COUNCIL establishing a Union certification framework for carbon removals
Objectives:
To develop a voluntary Union certification framework for carbon removals to
support the achievement of the Union objectives under the Paris Agreement, in
particular the climate neutrality objective by 2050
A harmonized Union certification framework to enhance environmental integrity
and transparency of carbon removals and to promote trust in their certification
Cont.:
To support the development of carbon removals activities in the Union that result
in an unambiguous net carbon removal benefit, while avoiding greenwashing
The provision of clear definitions of carbon removals, taking into account the
different types of carbon removals activities, their specificities and related
environmental impacts, aiming at a robust quantification of removals that are
additional and ensure long-term storage of carbon
The proposal is based on principles defined QU.A.L.ITY criteria:
QUantification of net carbon removal related to the activity, considering related
uncertainties and with data gathered in a manner compatible with national
greenhouse gas inventories;
Additionality, i.e., carbon removal that goes beyond Union and national statutory
requirements and takes place due to the incentive effect of the certification;
Long-term storage with monitoring and mitigation of risks of release during the
monitoring period;
SustainabilITY, i.e., the carbon removal activity has a neutral impact or generates
co-benefits for mitigation and adaptation to climate change, sustainable use and
protection of water and marine resources, transition to circular economy, pollution
prevention and control, and protection and restoration of biodiversity and
ecosystems.
Private or public organizations proposing certification schemes for carbon
removals apply for recognition by the EU Commission
Until the establishment of the Union registry, certification schemes establish
interoperable certification registries to make publicly accessible the information
resulting from the certification process and to enable the tracing of the quantity of
the certified units
Certification schemes submit an annual report about their operations, including a
description of any cases of fraud and related remediation measures
The Italian Government is proposing a public certification scheme of forest carbon
removals for a voluntary carbon market in the forestry sector to be aligned to CRCF
Thank you!
Laura Messina
messina.laura@mase.gov.it

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8th Strategic Dialogue of the CMP - Laura Messina, Italy

  • 1. Italy’s reflections on market integrity in the VCMs Laura Messina Italian Ministry of the Environment and Energy Security
  • 2. Proposal for a REGULATION OF THE EUROPEAN PARLIAMENT AND OF THE COUNCIL establishing a Union certification framework for carbon removals Objectives: To develop a voluntary Union certification framework for carbon removals to support the achievement of the Union objectives under the Paris Agreement, in particular the climate neutrality objective by 2050 A harmonized Union certification framework to enhance environmental integrity and transparency of carbon removals and to promote trust in their certification
  • 3. Cont.: To support the development of carbon removals activities in the Union that result in an unambiguous net carbon removal benefit, while avoiding greenwashing The provision of clear definitions of carbon removals, taking into account the different types of carbon removals activities, their specificities and related environmental impacts, aiming at a robust quantification of removals that are additional and ensure long-term storage of carbon
  • 4. The proposal is based on principles defined QU.A.L.ITY criteria: QUantification of net carbon removal related to the activity, considering related uncertainties and with data gathered in a manner compatible with national greenhouse gas inventories; Additionality, i.e., carbon removal that goes beyond Union and national statutory requirements and takes place due to the incentive effect of the certification; Long-term storage with monitoring and mitigation of risks of release during the monitoring period; SustainabilITY, i.e., the carbon removal activity has a neutral impact or generates co-benefits for mitigation and adaptation to climate change, sustainable use and protection of water and marine resources, transition to circular economy, pollution prevention and control, and protection and restoration of biodiversity and ecosystems.
  • 5. Private or public organizations proposing certification schemes for carbon removals apply for recognition by the EU Commission Until the establishment of the Union registry, certification schemes establish interoperable certification registries to make publicly accessible the information resulting from the certification process and to enable the tracing of the quantity of the certified units Certification schemes submit an annual report about their operations, including a description of any cases of fraud and related remediation measures The Italian Government is proposing a public certification scheme of forest carbon removals for a voluntary carbon market in the forestry sector to be aligned to CRCF