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Climate finance

COP26: Kyoto-era carbon credits will not repay our debt to the climate

Outdated carbon credits issued under the Kyoto Protocol’s Clean Development Mechanism must be scrapped for the sake of the climate, argues Gilles Dufrasne. Carbon markets are high on the agenda of this year’s COP26 climate conference as countries meet again to agree on rules

2050 climate strategies

COP26: Five reasons why carbon markets (Article 6) matter

Carbon markets are high on the agenda at the UN’s COP26 climate change conference. Carbon Market Watch’s Gilles Dufrasne has prepared this handy guide to explain the issues at stake related to Article 6. The next UN climate change conference (COP26) kicks off this

Carbon dioxide removals

Net-zero illusions: The rise of ‘carbon-neutral’ fossil fuels

Like dry water and hot snow, carbon-neutral fossil fuels are pipe dreams and marketing gimmicks that do nothing to protect the climate, a new Carbon Market Watch investigation reveals. Jonathan Crook investigates. In case you haven’t heard, there’s a new greenwashing trend spreading like

2050 climate strategies

Net-zero pipe dreams: Carbon-neutral fossil fuel claims amount to greenwashing

A new Carbon Market Watch report thoroughly investigates the growing number of fossil fuels that are being marketed as “carbon neutral” and concludes that they amount to brazen greenwashing. Published ahead of the COP26, the document challenges governments and industry to halt greenwashing practices

September editorial: Seeking common ground on the climate crisis

The European Emissions Trading System covers almost half of Europe’s climate problem, but it occupies only a fraction of the public mind. We’ve teamed up with a dozen other NGOs in Europe for the Emissions Trading eXtra (ETX) project to shine a floodlight on

Carbon dioxide removals

There is no cheating the atmosphere

Simply throwing public money at misleading climate solutions, such as carbon capture and storage/utilisation, would be a huge mistake. Although books can be cooked, the atmosphere cannot be cheated. Back in June, fifteen Members of the European Parliament sent an open letter to European  Commisson

Carbon Market Watch Newsletter June 2021

Forestry offsets allow Colombian fossil fuel companies to dodge taxes Colombia has a carbon tax in place, but companies are allowed to buy offsets to avoid paying the tax.  Our new investigation finds that two large-scale Amazonian forestry projects have sold carbon credits for

Global markets

UN carbon markets face continued stand-off

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

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