Bencini & Iozzelli (2026): The possible institutionalisation of the carbon removal budget concept across the UNFCCC, UNCBD, and corporate net-zero strategies
Jacopo Bencini and Laura Iozzelli, IN: Environmental Science & Policy, https://doi.org/10.1016/j.envsci.2026.104390
This study provides a preliminary qualitative policy analysis exploring the possible institutionalisation of the novel Carbon Removal Budget concept into multilateral decision-making and net-zero target setting. The analysis focuses on enabling and constraining factors for institutionalisation across three domains, namely the multilateral climate and biodiversity regimes under the UNFCCC and the UN Biodiversity Convention, and corporate climate target setting under the Science-Based Targets initiative. The study draws parallels with the framing and institutionalisation of a similar epistemic object – the Carbon Budget concept – into the public discourse in recent years.