The World Business Council for Sustainable Development (WBCSD) and its OP2B members including Nestle, Danone, PepsiCo, and Unilever have published recommendations for scaling carbon farming in Europe through the EU Carbon Removal and Carbon Farming (CRCF) framework. The recommendations focus on two main levers: public-private co-investment and alignment with Scope 3 accounting. The group calls for blended finance facilities combining EU Competitiveness Fund grants with corporate investment at farm level, multi-year co-investment frameworks to absorb upfront transition costs, and clear rules on how CRCF certification interacts with existing CAP subsidies. They also recommend that CRCF certificates generated within supply chains be prioritized for use by the buyers of the underlying agricultural product, with first-refusal rights for companies that co-invest. The recommendations aim to inform CRCF implementation as well as ongoing revisions of the GHG Protocol Land Sector and Removals Standard and SBTi Net Zero and FLAG standards. The group emphasizes that robust and credible CRCF methodologies must meet Paris Agreement standards and primarily support in-value chain decarbonization.
