In May, climate negotiators will again gather to flesh out the rules to implement the landmark Paris climate agreement. One of the topics on the agenda is the Sustainable Development Mechanism. To be effective, the successor to the Clean Development Mechanism must guarantee real, measurable and long-term benefits both in terms of emission reductions and […]
Carbon Market Watch Newsroom
Fostering sustainable development through climate action – what should the future UN mechanism look like?
Carbon Market Watch Joins Coalition to Promote Carbon Pricing As climate skeptics in the White House mulled over whether to remain in the Paris Agreement, less than two blocks away on Pennsylvania Avenue, climate change featured prominently in the spring meeting agenda of the World Bank and the IMF. Among the numerous workshops, conferences and […]
‘Sharing experiences helps solve problems’ – Two days of intense climate action talks with Southern European NGOs
Guest article by Susana Pinto from Quercus About 25 non-governmental organisations from Southern Europe, including Portuguese Quercus, gathered in Madrid on 5 and 6 April to exchange experiences and to explore ways to collaborate on European climate policies. While Portugal is on the right track when it comes to areas such as renewable energy, more […]
In a controversial move, the Board of the Green Climate Fund (GCF) has approved three large hydro dam projects, despite concerns raised by civil society on the extensive adverse social and environmental effects these projects can have. This development has to be seen very critically, especially considering past negative experiences under the Clean Development Mechanism […]
As the EU Emissions Trading System (EU ETS) negotiations enters their final stages for the European Parliament and EU Member States, a recent decision by the EU’s top court against steel giant ArcelorMittal’s claim for additional free carbon credits should come as an important signal to lawmakers for the post-2020 period. Last month, the European Court of Justice confirmed […]
The European Parliament’s environment committee has nominated Julie Girling from conservative group ECR to lead talks on aviation’s role in the EU’s Emissions Trading System. Discussing the European Commission’s most recent proposal to continue the exclusion of international flights from the EU ETS, Ms Girling urged colleagues not to let Europe slip back on gains already made to curb the sector’s growing climate impact.
This week key policymakers of the European Parliament discuss the EU’s largest climate instrument. Ahead of the debate, five organizations expose how a loophole in the law could significantly increase the costs of post-2030 climate efforts by delaying the required emission reductions in the agriculture sector. The Effort Sharing Regulation (ESR) covers around 60% of […]
Last week the European Parliament adopted its position on the revision of the EU’s Emission Trading System (EU ETS) for the 2021-2030 period. Next week, EU environment ministers will try to reach an agreement on the reform deal. Time to take a fresh look at what is on the table, and what is at stake.
The 2015 diplomatic success of the Paris Agreement now seems far away. Today we are faced with a very different geopolitical reality both in general, and especially when it comes to climate policy. Germany is a country Europe both looks to for stability, it also now finds itself in the global limelight in 2017 as it holds the G20 Presidency and will host the COP 23 in Bonn.
Last week, the European Parliament adopted its position on the revision of the EU Emissions Trading System (EU ETS). While overall the position falls short of a true reform, the EU lawmakers did decide to include shipping in the EU ETS in the absence of climate action at the global level, and strengthened the rules for the aviation sector.