Although the European Commission is meant to carry out a thorough impact assessment before proposing new policies, the European Union’s policymaking process is increasingly being influenced by business lobbies and guided by political expediency and whim. This approach will result in serious negative consequences.
The European Union has struck a deal on its 2040 climate target which, on paper, maintains the headline goal of slashing emissions by 90% but allows loopholes and backdoors that will result in hundreds of millions of tonnes of additional domestic emissions.
As the European Union institutions prepare to embark on the final negotiations around the bloc’s diluted 2040 climate target, there is one last chance to shore up some of the goal’s loopholes for the good of the environment and society.
At the COP30 climate conference, countries that have cooled on climate action are set to exploit carbon markets to take the heat to act off themselves. But carbon markets are no substitutes for real emissions cuts and no replacement for climate finance.
Instead of listening to its own technical experts and scientific evidence, the body overseeing the UN carbon crediting mechanism has chosen to side with market players after intense lobbying efforts.
Have you come across carbon market, decarbonisation and climate jargon that you did not understand but were too embarrassed to ask?
Have no fear, this handy glossary will help decipher the terms.
The negative experiences of the Maasai of northern Tanzania with soil carbon projects is a microcosm of the human rights challenges facing the voluntary carbon market and the rich world’s growing tendency to renege on its climate responsibilities.
A groundbreaking study finds that many countries relying heavily on carbon removals are at high risk of placing their climate goals in jeopardy. This echoes findings from previous Carbon Market Watch research and is helping guide future investigations.
Amid soaring emissions, not one of the corporations evaluated in the latest Corporate Climate Responsibility Monitor received a clean bill of health for its climate strategy, though some isolated improvements occurred. This highlights the vital importance of governments stepping up to better regulate the
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