EU projects 716M credits purchases for 2040 goal
Key Questions
How many international credits does the EU expect to purchase?
A French official forecasts 716 million EU international credits purchases from 2036-2040. This is to meet the EU's 2040 climate targets.
What timeframe covers the projected EU credit purchases?
The purchases are projected for 2036-2040 to achieve 2040 goals. This provides a major tailwind for DAC and CDR amid ETS/CBAM pricing at €75/t and EU funding.
How does the EU credit demand impact the carbon removal market?
It counters the voluntary carbon market cooldown by signaling strong public sector demand. The projection supports certification of permanent removals and boosts DAC/CDR development.
French official forecasts 716M EU international credits 2036-40 to hit 2040 targets; major tailwind for DAC/CDR amid ETS/CBAM €75/t, EU funding; counters VCM cooldown.
Sources (2)
Updated Apr 20, 2026