The champions of Article 6 carbon markets used the opportunity of the Bonn climate conference to push, ahead of COP31, for a “learning by doing” approach. This happy-go-lucky attitude would spell double trouble for the climate and society. Although the only carbon market item
To sate their voracious appetite for greenwashing offsets, major fossil fuel companies have invested considerable resources and effort to lobby, both directly and indirectly, to weaken carbon market federal regulations in the United States and state regulations in California, concludes a new Carbon Market
The first two projects, both related to cookstoves, approved for use under the UN’s carbon market massively overestimate their climate impact, despite efforts to rein in overcrediting. In April of last year, Carbon Market Watch published an analysis demonstrating that the first Clean Development
A tool that aims to promote and safeguard sustainable development under the UN carbon market offers indigenous peoples and local communities little protection against projects which infringe on their land or violate their human rights. This was the disturbing finding of a joint investigation
CMW has sketched the scenario of companies adhering to both the LSRS and the SBTi’s FLAG Guidance, and found worrying evidence that compliance with the FLAG Guidance is taking precedence over the LSRS
Oil and gas interests pollute the carbon crediting rulebook and invest heavily in a marketplace flush with low-quality carbon credits. A new Carbon Market Watch report demonstrates how some of the world’s biggest fossil fuel companies use their oversized leverage to influence major decision-making
Allowing coal-fired power plants to generate carbon credits as a way of financing their early retirement sounds better in theory than it would work in practice if the proposed methodology from Verra were to be implemented. Verra must go back to the drawing board
The fruits of voluntary carbon market projects are rarely shared fairly with local communities and indigenous peoples. A project in Sierra Leone has come up with a more equitable benefit sharing formula. Other countries and project developers should follow suit.
A review of existing studies finds that there is insufficient evidence to support the hypothesis that corporate investments in the voluntary carbon market increase a company’s climate ambition.
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