Europe and Germany’s Role in Catalyzing aTrillion-Euro Industry

Patrick Herhold, Johanna Pütz, Karan Mistry, Robin Bierganz, Phillip Spiekermann, Louisa Maier, German Association for Negative Emissions (DVNE) & Boston Consulting Group (BCG), June 2024

This report has three objectives:

  • The primary objective is to explore and demonstrate the economic potential of carbon dioxide removal (CDR), specifically for Europe and Germany.
  • Additionally, the report aims to provide a comprehensive overview of the quickly evolving CDR landscape while distinguishing CDR from other related concepts.
  • Lastly, the report emphasizes the need for swift and decisive action by providing a specific, stakeholder-oriented action plan to realize the economic potential outlined.

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