Carbon Market Watch was launched in November 2012 to expand the work of CDM Watch to areas beyond the CDM. It is a project of Nature Code to provide an independent perspective on carbon market developments and advocates for stronger environmental and social integrity. Carbon Market Watch is based in Brussels, Belgium. More…
The Carbon Market Watch Network connects NGOs
and academics from the global North and South to share information and concerns about carbon market projects
and policies. Its purpose is to strengthen the voice of civil
society in carbon markets. More… or Join the network now!
Carbon markets aim to enable countries and companies to costs-effectively reduce their greenhouse gas emission.
The Kyoto Protocol has 3 trading mechanisms: the Clean Development Mechanism, Emissions Trading and Joint Implementation. Several regional mechanisms have also been developed, the largest cap-and-trade system is the
European Union Emissions Trading Scheme (EU ETS).