Cover of agrifood CCRM

Cream of a disappointing crop: Danone makes greatest climate progress of slow-moving agrifood corporations – report

Despite some good initiatives, the climate strategies of top food and agriculture corporations are not cutting the mustard, according to a preview of the Corporate Climate Responsibility Monitor. Danone ranks highest among the assessed companies, while JBC and PepsiCo are bottom of the class.

Plant in cup with coins

New CMW study and SBTi assessment highlight risks associated with carbon offsetting

Fresh evidence published by the Science Based Targets initiative (SBTi) confirms the unsuitability of carbon offsetting to meet emissions targets, echoing the findings of a new Carbon Market Watch study that casts doubt over the fairness of financial flows in the voluntary carbon market (VCM).

Skyscrapers

2030 climate targets of over 50 top corporations significantly off track to keep within 1.5°C limit

At a time when global carbon emissions need to be almost halved by 2030, 51 major corporations’ climate commitments amount only to reducing their median carbon footprint by as little as 30%, reveals the 2024 Corporate Climate Responsibility Monitor. Tighter regulations from governments are needed to raise the bar, both for companies which are taking insufficient action, and those who are not doing anything at all.

The EU City Calculator: a new tool guides European cities by simulating climate transition paths   

BRUSSELS, 23 January 2024 – EUCityCalc has officially launched its free, open source online platform that allows local councils and other stakeholders to visualise and simulate low-carbon scenarios for their towns and cities, as well as to assess the trade-offs related to available choices. Although the European Green Deal and the European Union’s other climate …

COP28: Article 6 failure avoids a worse outcome 

Torn between countries demanding that Article 6 carbon markets be available with virtually no restrictions and countries insisting on upholding transparency, human rights, and climate ambition, negotiators at COP28 failed to break the deadlock. With all the unresolved problematic issues, the fact that they reached no deal was better than agreeing to a bad one that would torpedo the Paris Agreement.

Germany: Coal phase-out must go hand-in-hand with emission permit cancellation to keep CO2 prices up

Deutsch The German coal commission, tasked with assessing the feasibility of a coal-exit in Germany, published its report at the end of January, setting the country on course to become coal-free by 2038. Through a progressive phase-out approach, the plan would allow Germany to meet its 2030 emissions reductions target in the power sector, after …

Change of leadership at Carbon Market Watch – January 2019

After 10 successful years of scrutinizing market-based mechanisms designed to combat global warming, Carbon Market Watch sees a change of leadership at the beginning of 2019. Sabine Frank becomes Executive Director succeeding founding director, Eva Filzmoser; and Sam Van den plas takes over from Femke de Jong as Policy Director. Leadership Transition Eva Filzmoser led the …