The new european regulation on the voluntary carbon market

Regulation (EU) 2024/3012 of the European Parliament and of the Council of 27 November 2024 entered into force on 26 December 2024 (“Regulation”). The Regulation establishes
a European Union (“EU”) certification framework for permanent carbon removals, carbon farming and carbon storage in products 1.

This Informative Note provides a practical and objective summary of this Regulation.