UK Carbon Dioxide Removals Ecosystem 2026+: Collective insight as to the needs of the EU sector to 2035

The UK has targets to deploy >100MtCO2 of Carbon Dioxide Removal (CDR) by 2050, with interim technical targets of 5 MtCO2 and 23 MtCO2 by 2030 and 2035, respectively. In 2019, a number of policy initiatives were announced that have kick-started a nascent UK CDR ecosystem. To build on these foundations, it is recognised that there is a need for a shift in UK CDR institutional, governance and policy development commensurate with a pathway to realise the 2035 and 2050 targets. The 2020–2024 Biden Administration in the US also announced a number of potentially game-changing policies that stood to generate spillovers which might reduce the cost of scaling the sector. The third region to have established CDR frameworks and targets is the European Union (EU) – which the UK left in 2019. A question for UK policy-makers is therefore how to collaborate with US and EU market-makers to track developments so as to design timely and effective policy to capture spillover effects. As a function of this, the CO2RE Ecosystem 26+ project sought to explore how the proposed EU interventions were being operationalised and received by the ‘market’. This report summarises the insights from three events held in partnership with EU-based CDR initiatives in order to better understand the EU CDR market and how it might interact with the CDR sector in the UK and the US.

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Research theme(s)
Policy, business & governance
Publication type
Report
Author(s)
Astha Wagle, Marsaili Van Looy, Malte Winkler, Matthias Poralla, Oscar Schily, Mark Workman
Publication date
September 17, 2025
Publisher
CO2RE
CO₂RE - The Greenhouse Gas Removal Hub
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