Christiansen et al. (2026): Undermining climate action? Challenges of public-private co-financing of carbon removal in the Global North

Kirstine Lund Christiansen, Jonas Allesson, Guy Finkill, Nick Fitzpatrick and Inge-Merete Hougaard, IN: Environmental Science & Policy, https://doi.org/10.1016/j.envsci.2026.104447

Carbon dioxide removal (CDR) is increasingly seen as essential for mitigating climate change. In Global North countries like Denmark, Sweden and the UK, bioenergy carbon capture and storage (BECCS) projects have become a prominent component of national climate strategies. This perspective explores an emerging trend: the advancement of such projects through a co-financing model that combines state funding with corporate investment. While the specifics of these co-financing arrangements vary, the authors identify several risks associated with them.

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