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The Danish Policy Lab is a collaboration between the Klimaskovfonden and the University of Copenhagen. It aims to better understand how climate projects all over Denmark could be supported through a voluntary carbon market.
The Danish Climate Forest Foundation was established by law in December 2020 with an initial 100 million DKK capital investment from the Danish Parliament. Going forward, the Danish Climate Forest Foundation is raising private funds through the sale of CO2-credits from the projects.
Danish people and businesses can purchase these credits as a way of contributing to the foundation. However, the credits cannot be used in their own climate accounts or to meet their own targets. The foundation has already established a national standard for the voluntary carbon market and enabled private landowners to create new forests.
As part of the MOSAIC Policy Lab, we hope to better understand landowners' motivations for engaging with the foundation and how policies could reduce barriers and enable the foundation to scale up.
The lessons from the Policy Lab will be applied by the foundation and contribute to policy recommendations for upcoming EU legislation such as the EU Climate Removal Certificate.