Canada moves to open international carbon removal market access under Paris Agreement Article 6
marketscreener.comCanada announced plans to build a policy framework under Article 6 of the Paris Agreement that would let domestic carbon removal projects sell verified credits internationally. The goal is to connect Canadian direct air capture and other removal companies with buyers in the EU and Asia, where demand is stronger than at home. The government has not released a timeline or specific accounting rules yet. Industry group Carbon Removal Canada says clear authorization and accounting standards are the missing piece, and that roughly 11 megatonnes of announced removal capacity is waiting on construction. The framework would turn domestically generated credits into internationally tradeable assets. This matters because Canada's domestic buyer pool is too small to finance the buildout. The EU already has a removal certification framework, and Asian buyers are interested. The announcement is early stage, so the details on credit authorization, transfer rules, and how Canada's own climate targets are protected will decide whether this actually unlocks investment.
