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“Today’s findings from the IPCC Working Group III Report reaffirm that negative emissions will play an indispensable role in delivering Net Zero. Greenhouse gas removals are essential alongside the vast reduction in overall emissions needed to stop the worst impacts of climate change.

To ensure global temperature rise remains safely within 1.5-degrees, we must accelerate the development of the negative emissions market and promote large-scale investment in the industry. This will lead to a dramatic decrease in costs and create a pathway for hard-to-abate sectors to decarbonise.

Negative emissions technologies that produce permanent, high-quality carbon removals can achieve multiple objectives – they can stabilise global CO2 levels, address historic emissions, and ultimately help us to realise our global climate ambitions.”