Low carbon, high risk

31 May 2023

Low carbon, high risk

Created in 2018, the Label Bas Carbone (LBC) was set up by the French government to offer a public framework for certifying carbon removals.  

Lessons learned from the LBC will have ramifications beyond France as the European Commission is looking at regulating and standardising rules for certifying carbon absorptions through the planned Carbon Removals Certification Framework (CRCF).

The European Commission could use the CRCF as a way to ensure a certain standard when distributing EU and Member State subsidies; or as the basis for integrating the land use sector into a carbon market. Each option would create a path to a very different future.

The LBC is an important case study that will help decide the path chosen.

This briefing summarises a longer report analysing the methods the LBC uses to generate forest carbon sequestration units. It ends with recommendations for both the LBC and the European Union.

Categories: Briefing Notes, Carbon trading, European forests, Certification

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