IDEAS home Printed from https://ideas.repec.org/a/nat/natcom/v14y2023i1d10.1038_s41467-023-36199-4.html
   My bibliography  Save this article

Toward the effective and fair funding of CO2 removal technologies

Author

Listed:
  • Matthias Honegger

    (Perspectives Climate Research gGmbH)

Abstract

Carbon dioxide removal technologies are gaining prominence in academia, industry and policy, yet the need for substantial funding raises serious challenges. This comment outlines these issues and charts a path for the effective, systematic and fair mobilization of funds for removals.

Suggested Citation

  • Matthias Honegger, 2023. "Toward the effective and fair funding of CO2 removal technologies," Nature Communications, Nature, vol. 14(1), pages 1-3, December.
  • Handle: RePEc:nat:natcom:v:14:y:2023:i:1:d:10.1038_s41467-023-36199-4
    DOI: 10.1038/s41467-023-36199-4
    as

    Download full text from publisher

    File URL: https://www.nature.com/articles/s41467-023-36199-4
    File Function: Abstract
    Download Restriction: no

    File URL: https://libkey.io/10.1038/s41467-023-36199-4?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Axel Michaelowa & Igor Shishlov & Dario Brescia, 2019. "Evolution of international carbon markets: lessons for the Paris Agreement," Wiley Interdisciplinary Reviews: Climate Change, John Wiley & Sons, vol. 10(6), November.
    2. Duncan McLaren, 2020. "Quantifying the potential scale of mitigation deterrence from greenhouse gas removal techniques," Climatic Change, Springer, vol. 162(4), pages 2411-2428, October.
    3. Dominic Lenzi & Michael Jakob & Matthias Honegger & Susanne Droege & Jennifer C. Heyward & Tim Kruger, 2021. "Equity implications of net zero visions," Climatic Change, Springer, vol. 169(3), pages 1-15, December.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Sean Low & Livia Fritz & Chad M. Baum & Benjamin K. Sovacool, 2024. "Public perceptions on carbon removal from focus groups in 22 countries," Nature Communications, Nature, vol. 15(1), pages 1-15, December.
    2. Fridahl, Mathias & Schenuit, Felix & Lundberg, Liv & Möllersten, Kenneth & Böttcher, Miranda & Rickels, Wilfried & Hansson, Anders, 2023. "Novel carbon dioxide removals techniques must be integrated into the European Union’s climate policies," Open Access Publications from Kiel Institute for the World Economy 281982, Kiel Institute for the World Economy (IfW Kiel).
    3. Giulia Ulpiani & Enrique Rebolledo & Nadja Vetters & Pietro Florio & Paolo Bertoldi, 2023. "Funding and financing the zero emissions journey: urban visions from the 100 Climate-Neutral and Smart Cities Mission," Palgrave Communications, Palgrave Macmillan, vol. 10(1), pages 1-14, December.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Raphael Calel & Jonathan Colmer & Antoine Dechezleprêtre & Matthieu Glachant, 2021. "Do Carbon Offsets Offset Carbon?," CESifo Working Paper Series 9368, CESifo.
    2. Katharina Michaelowa & Axel Michaelowa & Bernhard Reinsberg & Igor Shishlov, 2020. "Do Multilateral Development Bank Trust Funds Allocate Climate Finance Efficiently?," Sustainability, MDPI, vol. 12(14), pages 1-19, July.
    3. Lisandra Flach & Johannes Pfeiffer & Karen Pittel, 2022. "Fairness und Eigeninteresse im internationalen Klimaschutz [Fairness and Self-Interest in International Climate Protection]," Wirtschaftsdienst, Springer;ZBW - Leibniz Information Centre for Economics, vol. 102(1), pages 12-20, May.
    4. Dylan Gibson & Leslie A. Duram, 2020. "Shifting Discourse on Climate and Sustainability: Key Characteristics of the Higher Education Fossil Fuel Divestment Movement," Sustainability, MDPI, vol. 12(23), pages 1-17, December.
    5. Guitao Zhang & Xiao Zhang & Hao Sun & Xinyu Zhao, 2021. "Three-Echelon Closed-Loop Supply Chain Network Equilibrium under Cap-and-Trade Regulation," Sustainability, MDPI, vol. 13(11), pages 1-26, June.
    6. Deng, Changzhe & Su, Zhifang & Feng, Yufang, 2024. "Extreme climate and corporate financialization: Evidence from China," Economic Analysis and Policy, Elsevier, vol. 81(C), pages 306-321.
    7. Hanna-Mari Ahonen & Juliana Kessler & Axel Michaelowa & Aglaja Espelage & Stephan Hoch, 2022. "Governance of Fragmented Compliance and Voluntary Carbon Markets Under the Paris Agreement," Politics and Governance, Cogitatio Press, vol. 10(1), pages 235-245.
    8. Sean Low & Livia Fritz & Chad M. Baum & Benjamin K. Sovacool, 2024. "Public perceptions on carbon removal from focus groups in 22 countries," Nature Communications, Nature, vol. 15(1), pages 1-15, December.
    9. Wolfgang Buchholz & Dirk Rübbelke, 2020. "Overstraining International Climate Finance: When Conflicts of Objectives Threaten Its Succes," Working Papers 2020.17, Fondazione Eni Enrico Mattei.
    10. Feng, Jing-Chun & Sun, Liwei & Yan, Jinyue, 2023. "Carbon sequestration via shellfish farming: A potential negative emissions technology," Renewable and Sustainable Energy Reviews, Elsevier, vol. 171(C).
    11. Burke, Joshua & Gambhir, Ajay, 2022. "Policy incentives for greenhouse gas removal techniques: the risks of premature inclusion in carbon markets and the need for a multi-pronged policy framework," LSE Research Online Documents on Economics 115010, London School of Economics and Political Science, LSE Library.
    12. Castle, Jennifer L. & Hendry, David F., 2024. "Five sensitive intervention points to achieve climate neutrality by 2050, illustrated by the UK," Renewable Energy, Elsevier, vol. 226(C).
    13. Karishma Ansaram & Paolo Mazza, 2022. "Dependence structure among carbon markets around the world: New evidence from GARCH-copula analysis," Working Papers 2022-ACF-03, IESEG School of Management.
    14. Bikramaditya Ghosh & Spyros Papathanasiou & Vandita Dar & Konstantinos Gravas, 2022. "Bubble in Carbon Credits during COVID-19: Financial Instability or Positive Impact (“Minsky” or “Social”)?," JRFM, MDPI, vol. 15(8), pages 1-16, August.
    15. Johnson, Elliott & Betts-Davies, Sam & Barrett, John, 2023. "Comparative analysis of UK net-zero scenarios: The role of energy demand reduction," Energy Policy, Elsevier, vol. 179(C).
    16. Jana Gheuens & Sebastian Oberthür, 2021. "EU Climate and Energy Policy: How Myopic Is It?," Politics and Governance, Cogitatio Press, vol. 9(3), pages 337-347.
    17. M.J. Mace & Claire L. Fyson & Michiel Schaeffer & William L. Hare, 2021. "Large‐Scale Carbon Dioxide Removal to Meet the 1.5°C Limit: Key Governance Gaps, Challenges and Priority Responses," Global Policy, London School of Economics and Political Science, vol. 12(S1), pages 67-81, April.
    18. Heath Milsom, Luke & Roland, Isabelle, 2021. "Minimum wages and the China syndrome: causal evidence from US local labor markets," LSE Research Online Documents on Economics 113850, London School of Economics and Political Science, LSE Library.
    19. Lee, Chi-Chuan & Li, Xinrui & Yu, Chin-Hsien & Zhao, Jinsong, 2022. "The contribution of climate finance toward environmental sustainability: New global evidence," Energy Economics, Elsevier, vol. 111(C).
    20. Wim Carton & Adeniyi Asiyanbi & Silke Beck & Holly J. Buck & Jens F. Lund, 2020. "Negative emissions and the long history of carbon removal," Wiley Interdisciplinary Reviews: Climate Change, John Wiley & Sons, vol. 11(6), November.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:nat:natcom:v:14:y:2023:i:1:d:10.1038_s41467-023-36199-4. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.nature.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.