Carbon Market Watch

For fair and effective climate protection.

Reports & Studies

NAMA lessons for NDCs: Financing, public participation, and sustainable development

Nationally Appropriate Mitigation Actions (NAMAs) have proven to be a good exercise that paved the way to national level mitigation and a move from project to sectoral based mitigation. Their evolution has developed one of the most valuable tools that developing countries have to pursue their national commitments towards limiting global warming to 2C in […] more »

EU Emissions Trading System Quiz

Test your knowledge on the EU Emission Trading System (EU ETS) by playing our short quiz! EU Emissions Trading System Quiz Test your knowledge on the EU Emission Trading System (EU ETS) by playing our short quiz! Answers available in Carbon Market Watch’s new report on “Industry windfall profits from Europe’s carbon market 2008-2015′ and […] more »

Cement’s pollution windfall from the EU ETS

The cement sector is responsible for 5% of global greenhouse gas emissions. In Europe, the sector emits more greenhouse gases than the whole Belgian economyi. In light of the Paris Agreement objectives, the cement industry will need to achieve deep emission reductions in the coming years. The EU’s main instrument to decarbonise cement – the EU ETS – has however failed to deliver this so far: By subsidizing pollution, there has hardly been a sufficient economic incentive to leverage emission cuts in the cement sector. more »

Mythbuster Reload – Industry windfall profits from Europe’s carbon market 2008-2015 

This report interprets the findings of an updated CE Delft study that shows how energy-intensive companies in 20 European countries have massively profited from their pollution because they are deemed at risk of “carbon leakage”. “Carbon leakage” refers to the hypothetical situation where companies transfer production to countries with weaker climate policies in order to lower their costs. Under the current EU Emissions Trading System (EU ETS) rules, industrial companies that are believed to be at risk of “carbon leakage” are awarded free emission allowances. more »

Policy Brief: Carbon Markets in the Post Paris World

The Paris Agreement represents a new era for international climate action, including for international carbon markets. Humans have emitted so much into the atmosphere that even if compensated, very little can still be emitted to limit serious consequences of climate change. 2°C of warming would have very negative effects, which is why it is important to swiftly work towards the Paris goal of the 1.5°C limit. If carbon markets are to help work towards this goal, they must work to rapidly increase ambition and guarantee high environmental integrity. more »

European climate policy guide: Vol 1 – EU ETS

This guide, available in both English and Polish, aims to build knowledge and understanding of the Europe’s carbon market for civil society organizations who have little or no prior experience with EU climate policies. It provides introductory knowledge on how the EU ETS is designed and how it functions. Increased awareness should ultimately empower civil […] more »

Ecologic Report: Offsetting in the aviation sector

Efforts to address the rapid growth of emissions from air travel have been under discussion for years within the United Nations’ aviation body – the International Civil Aviation Organization (ICAO). In 2013, ICAO agreed on a goal of limiting international aviation’s net emissions growth to 2020 levels (estimated at roughly 700 million tonnes CO2 per year in 20201 ), via a mix of efficiency measures, biofuel use, technology and operational improvements including a CO2 standard, and a global market-based measure (GMBM). In other words, the industry’s growth from 2020 onward should be “neutral” in terms of net CO2 emissions. more »

Policy Brief: The CORSIA: ICAO’s market based measure and implications for Europe

Executive Summary On October 6th, Member States of the International Civil Aviation Organisation (ICAO) agreed on an offsetting scheme to compensate for emissions growth from 2020 levels. The new scheme, called the Carbon Offset and Reduction Scheme for International Aviation (CORSIA), falls short of achieving the goal of carbon neutral growth in 2020 (CNG2020), let […] more »

Policy Brief: The 2030 Effort Sharing Regulation

In summer 2016, the European Commission presented a legislative proposal for the Effort Sharing Regulation (ESR) for the 2021-2030 period. The ESR sets national emission reduction targets for the EU Member States for the transport, buildings, agriculture and waste sectors. more »

Carbon leakage mythbuster: Finland (Suomi)

Executive Summary This policy brief interprets the findings of a new study by CE Delft that shows how energy-intensive companies in Finland have massively profited from their pollution to the count of €481 million because they are deemed to be at risk of “carbon leakage”. “Carbon leakage” refers to a hypothetical situation where companies transfer production […] more »