Carbon Gap Report Indicates Spain's Potential Leadership in Carbon Dioxide Removals with Policy Support
The Carbon Removal Readiness Assessment (CRRA) report by Carbon Gap and Global Factor identifies Spain's capacity to remove up to 69 Mt CO2 annually through various CDR pathways, exceeding its 2050 emissions reduction target of 29 Mt CO2. The report suggests that proactive CDR development combined with emissions reductions could lead Spain to net-negative emissions before 2050.
However, Spain's current climate strategy lacks comprehensive support for diverse CDR methods, focusing primarily on nature-based solutions. The CRRA highlights Spain's high theoretical CDR potential but notes significant underdevelopment in carbon transport and geological storage. The report urges the need for a structured approach to CDR and emphasizes the importance of decisions made between 2026 and 2035 for Spain's climate strategy.
