What does proposed EU 2040 target mean for climate action?
The European Commission’s unambitious proposed climate target for 2040 risks becoming riddled with loopholes and delaying urgent climate action. This in-depth analysis explains how and why.
The European Commission’s unambitious proposed climate target for 2040 risks becoming riddled with loopholes and delaying urgent climate action. This in-depth analysis explains how and why.
The European Commission has defied science, prioritised polluters over people and shirked some of its global responsibility by weakening the EU’s 2040 climate target. This is bad news for climate action and for those hardest hit by rising temperatures.
Building on the May workshop, which resulted in a blueprint for a viable EU Development and Delivery Framework for removals and charted the path for the short term, the process of the second workshop aimed to extend this proposal into an encompassing framework planning from today towards net-zero and net-negativity thereafter.
Although the European Commission has consulted with a wide range of stakeholders to investigate how to slash emissions from the agrifood sector in the 2030s, the options on the table indicate that the EU is not serious about tackling the roots of the issue.
An event presented to EU policymakers as presenting stakeholders perspectives on carbon farming credits was instead an industry sales pitch for offsetting. CMW’s Marlène Ramón Hernández gives us the inside scoop The professional service multinational Deloitte recently organised a workshop for the European Commission, which was billed as offering perspectives on financing large-scale deployment of …
Read more “Corporate workshop plants the seeds for greenwashing”
The EU’s latest Carbon Removal Certification Framework (CRCF) methodologies continue to set a much lower standard than the Paris Agreement Crediting Mechanism and best practice in the voluntary carbon market, reveals a new analysis commissioned by Carbon Market Watch and carried out by Öko-Institut.
On Thursday 22 May, experts from industry, civil society, and academia gathered in Brussels to discuss EU policy options that will finance permanent carbon removals, without impeding and slowing down investments that lead to drastic emissions cuts.
The European Commission’s Clean Industrial Deal and Omnibus package supports big polluters while the EU’s climate goals are missing in action
In its freshly published report on scaling up carbon dioxide removals in the EU, the European Scientific Advisory Board on Climate Change (ESABCC), established by the EU Climate Law, makes setting separate climate targets its number one recommendation. This aligns with what Carbon Market Watch and other stakeholders have been advocating.