Project debut carbon dc alignment8/7/2023 This theme is also reflected in Finnfund’s three key strategic objectives, one of which is to maintain a carbon net negative portfolio. The strategy is framed against global impact themes, one of which is climate action. A strategy aligned to deliverįinnfund recently updated its strategy for the period 2022 – 2025. Sustainable nature-based solutions, on the other hand, provide a ready, proven and economically feasible solution for carbon removal afforestation, reforestation, improved forest management, agroforestry and soil carbon sequestration are currently the only cost-effective widely practiced removal options available. In addition, rates of CCS deployment are far from the scale of what would be required to meet the targeted pathways. While carbon capture and storage (CCS) has been suggested as a solution for carbon removal, and may be more ready to be taken up in some sectors than others, CCS faces several barriers, including technological, economic, institutional, ecological-environmental and socio-cultural issues. Even this will not be enough, however, as residual emissions will need to be removed from the atmosphere. The IPCC says it loud and clear: limiting warming to 1.5☌ or 2☌ will require rapid, deep and immediate cuts in emissions in all sectors of the economy. Sustainable nature-based solutions provide a ready, proven and economically feasible solution for carbon removal, writes Marko Berglund, our Senior Impact Adviser.
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