Science and respect for human rights must be at the heart of any future rulebook After 3 weeks of technical discussions between country negotiators, little progress has been made to approach agreement on Article 6 of the Paris Agreement pertaining to carbon markets. Countries have even reinforced their stance on certain long-held positions, which in …
Going beyond zero-sum game offsetting to deliver real benefits For Carbon Market Watch’s overall perspective on Article 6, see here. CMW has also been publishing a series of technical submissions, responding to a call for input from the UNFCCC: April, May, June. The Paris Agreement Article 6 must go beyond the zero-sum logic of offsetting …
Paris Agreement Article 6 must reduce emissions fairly and effectively For CMW’s overall perspective on Article 6, see here. We have also been publishing a series of technical submissions, responding to a call for input from the UNFCCC: April, May, June. Technical discussions at the UN climate body UNFCCC on the Paris Agreement carbon market …
Read more “UN negotiators search (yet again) for common ground on carbon markets”
Scroll down for French and Spanish The recent uptick in interest for voluntary offsets invokes certain concerns, but it also comes with a few benefits. One of these is the push for more transparency. A new public database tracking information about voluntary offsets from the four largest standards was launched by Trove Intelligence. It adds …
Carbon market stakeholders are slowly moving beyond the zero-sum game of offsetting towards alternative ways of financing climate action. This positive development will make the existing market more robust, helping to shield it from reputational risks and environmental integrity scandals. Offsetting – paying someone else to reduce emissions instead of reducing one’s own – has …
Relying on paying someone else to reduce emissions is risky and unsustainable. Therefore, private companies should stop “offsetting” and instead financially help poorer countries reach their climate targets and foster sustainable development. Voluntary carbon markets are booming as businesses across the world make climate-neutrality pledges. These plans often rely on the purchase of credits from …
Scroll down for French and Spanish Companies are increasingly adopting “climate-neutrality” targets, which often include relying on forests to compensate for pollution. After yet another such offset project was swallowed by flames in California, unresolved questions about forest and land offsets resurface. It’s a simple tagline for green marketing campaigns: “Enjoy our product, it’s climate …
Read more “Up in smoke – California fires once again highlight dangers of forest offsets “
It’s been a rough few months for the aviation sector around the world, as most aircraft have not left the tarmac and major airlines are losing millions every day. But the industry has used the situation very effectively to push governments to weaken climate policies. The same governments are handing out multi-billion euro bailout packages, …
Read more “Airlines’ golden (corona) life jacket makes a mockery of the green recovery”
This opinion article was first published in Carbon Pulse on March 30, 2020 As part of the work to establish an international carbon market for aviation, CORSIA, a group of experts recently recommended restrictions for the types of carbon offsets that can and cannot be used by airlines. These restrictions were adopted by the UN aviation …
Read more “ICAO’s carbon market report offers valuable lessons for Article 6 talks”
Warnings about a shortage of credits under the future aviation carbon market are unfounded. The upcoming decision on what airlines will be able to buy must, therefore, focus on ensuring that only credits from high-quality projects are eligible. It is crunch time again for the ICAO Council, the UN aviation agency’s decision-making body comprised of …
Stay in touch and receive our monthly newsletter, campaign updates, event invites and more.
