Event:16 September | Carbon Removal Policy Summit
Official Statistics and Market Outlook MandatesIntegrity and Accountability

OFFICIAL STATISTICS AND MARKET OUTLOOK MANDATES

Lever last updated: 10 September 2026

A public statistical mandate to collect and publish comparable data on removal activity and markets.

Cost

Very low to Medium

The public authority funds recurring data collection, validation and analysis to produce reliable CDR statistics and market outlooks. Using existing administrative records and surveys keeps costs lower. Dedicated surveys, detailed forecasting and frequent publication require more staff and systems. Costs rise with the methods, economic activities and countries covered, particularly where comparable data must first be developed.

Complexity

Low to Medium

Adding a defined module to existing surveys or administrative datasets uses established statistical powers, confidentiality procedures and publication systems. A national or international programme becomes more demanding when agencies must obtain new reporting authority, reconcile registry and economic-accounting categories, protect commercially sensitive records and build recurring models. International comparability requires agreement on methods, but need not require a new institution or treaty.

Timeline

Short to Medium

From a formal commission, an agency with accessible records could produce a checked release and have it inform the next procurement, budget or investment decision within one to two years. New reporting duties, a survey pilot and tested outlook models may require two to five years before decision-makers use the results. These are design estimates; publication alone is not the endpoint.

Integrity, Transparency & MRV

2–3

Innovation & Cost Reduction

N/A

Social & Environmental Safeguards

1

Energy, Transport & Storage Infrastructure

N/A

Inputs & Capacity

N/A

Demand Formation

1

Bankability and Cost of Capital

1

Policy Architecture & Coordination

2–3

Overview

Governments can give a statistical agency or another authorised public body a continuing mandate to collect and publish comparable information on carbon removal and its economic activity. Early releases can reconcile removals delivered, purchases and public support using existing records. As the sector grows, coverage can extend to employment, value added, investment, trade and inventories, alongside market outlooks showing how supply and demand might develop under stated assumptions. CDR cuts across agriculture, forestry, waste and industry, so neither credit registries nor existing industry totals give a complete picture. Reliable series help officials identify delivery gaps and help investors assess prospects. A small market usually needs a proportionate addition to existing statistics, rather than a separate statistical institution.

Key Considerations

Collection should expand when a defined policy or investment decision needs information that existing records cannot supply reliably. Public expenditure, cross-border activity, delivery shortfalls and the number of participants can justify more coverage before CDR reaches hundreds of millions of tonnes; volume alone is not a sensible threshold. The agency should distinguish physical removals, credits issued, purchases contracted, deliveries and credits retired, meaning withdrawn from circulation. It should also distinguish national greenhouse-gas inventories from stocks of unsold credits. Common project identifiers can reconcile those records without counting the same removal repeatedly. Published outlooks should separate operating or financed projects from conditional projections and disclose assumptions about policy, costs and resource constraints.

Opportunities

Regular data can reveal where announced projects fail to reach financing, construction or delivery, helping governments direct policy review to the relevant obstacle. Employment, value-added and trade series can test industrial-policy claims and inform decisions on training, public support and dependence on overseas supply. Comparable data also reduce repeated collection by ministries, researchers and buyers. An independent outlook can show how deployment changes when assumptions about energy, storage, costs or demand change, giving users a basis for testing plans and preparing contingencies. At an early stage, a modest annual release with honest gaps may be more useful than detailed figures that the available evidence cannot support.

Risks

Premature categories can freeze an evolving market into unsuitable definitions, while detailed mandatory surveys can cost more than their information is worth. Official authority may make incomplete estimates appear more certain than qualified private research. Double counting among forestry, energy and removal businesses can exaggerate jobs or economic contribution, and a credit sale can be mistaken for a new physical removal. Poor confidentiality can expose commercial positions. Optimistic outlooks may encourage complacency or unnecessary infrastructure. Proportionate collection, transparent revisions and published uncertainty are therefore necessary from the first release.

Monitoring and Evaluation

The publishing agency should assess coverage, missing observations, consistency with source records and the size of later revisions. It should record which budget, procurement or investment decisions use its releases and compare that value with the burden on respondents. Projection reviews should explain whether errors came from changed policy, modelling assumptions or project delivery. Periodic reviews should decide whether emerging employment, trade or delivery questions justify new modules, or whether existing administrative records remain sufficient. A transparent revision history should accompany any changes to methods or sector boundaries.

Stakeholder Engagement

Statistical agencies should decide methods and publication independently. Registries, certifiers, tax and trade authorities, and businesses should identify which records can be reused and where definitions differ. Employment and industry specialists should help allocate activity within mixed businesses, while climate-inventory teams should explain how physical removals relate to national accounting. Researchers, investors and policy teams should identify decisions the information needs to support. Private trackers can contribute classifications and methods and should receive credit for their work; neither data suppliers nor sponsoring ministries should be able to suppress inconvenient results.

Governance Levels

InternationalSupranationalNationalRegional / State

National and state statistical institutions can establish official series within their legal mandates. Supranational authorities can harmonise modules and require coordinated national reporting. International statistical and analytical bodies can agree comparable methods and publish cross-country series or outlooks, relying on participating countries for source data. Cities can use local breakdowns or commission studies; this entry concerns a continuing official statistical mandate. A privately operated tracker remains a complementary service.

Implementation Strategies

  • The responsible agency should first identify the procurement, budget or investment decisions that need better evidence and map existing registry, survey and private-market data. It should begin with the smallest useful release and define when gaps in coverage or economic significance justify additional collection.

  • The agency should define separate measures for physical removal, credits, contracting, delivery and retirement. Economic modules should allocate jobs and value added within mixed businesses, distinguish trade in services or credits from physical CO₂ movements, and reconcile the results with existing sector accounts.

  • Government should provide the legal authority, resources and publication schedule appropriate to the mandate. Reuse of administrative records, a pilot with small and large suppliers, and clear confidentiality rules can limit burdens before new surveys or mandatory returns begin.

  • An independent analytical team should publish outlook assumptions and alternative scenarios, testing supply against energy, storage, workforce and finance constraints. The agency should publish uncertainty and revisions from the first release, then use forecast errors and feedback from decision-makers to improve methods and decide whether wider coverage is warranted.

Case Studies

European environmental economic accounts

The EU’s environmental economic accounts combine environmental and economic statistics using common definitions. In November 2024, the EU adopted an amendment adding forest, ecosystem and environmental subsidy accounts. Forest accounts cover forest area and changes over time, while ecosystem accounts describe ecosystem extent, condition and services. Member states supply information under common legal requirements, enabling comparisons and policy evaluation across the EU. Extending an established system gives the new subjects recurring collection responsibilities and a route into public statistics. A future CDR module could use the same institutional approach while separating physical removals from credit transactions. The amendment does not itself create a dedicated CDR market dataset, and new reporting categories do not guarantee that every country immediately has complete data.

US Annual Energy Outlook

The US Energy Information Administration is the federal agency responsible for energy statistics and analysis. Its Annual Energy Outlook 2026, released in April, provides projections through 2050 under a statutory annual-reporting mandate. Federal, state and local governments, businesses and other planners use the outlook’s scenarios to examine possible changes in supply, demand and prices. Documented assumptions allow them to test whether investments remain sensible under different futures, rather than treating one projection as a promise. A CDR outlook could apply this approach to removal supply, electricity demand and storage constraints, separating operating projects and contracts from conditional expansion. The energy outlook supplies an established model for recurring public analysis; it does not establish that a separate CDR outlook is already necessary or that its forecasts would be accurate.

UK statistics on the environmental economy

The UK Office for National Statistics measures environmental activity across businesses that do not fit into one conventional industry. Its Low Carbon and Renewable Energy Economy Survey supplies information for national and devolved policy on jobs, growth and investment. The broader environmental goods and services accounts released in June 2026 include output, gross value added, employment and exports for 2023. Keeping these measures distinct lets users assess economic contribution without treating every sale as additional GDP. The reporting lag also makes clear that comprehensive economic accounts serve a different purpose from a live market tracker. CDR could be identified within such existing collections as its economic activity becomes measurable, rather than requiring an immediate new industry classification. These are environmental-economy statistics, not a complete CDR account.

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©2026 Alexander Mäkelä and Carbon Gap.
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