Due South: Voluntary carbon market’s North-South inequality under the spotlight
Our latest report discusses how carbon credits from renewable energy projects are in oversupply and fail to deliver additional climate benefits
Not banking on carbon markets
The banking sector’s anticipated upswing in investment in the voluntary carbon market has failed to materialise, new research reveals.
Euro 2024 fails to score its most important climate goal
As Euro 2024 kicks off, the tournament has been caught offside with some of its climate claims. UEFA must do better to tackle its carbon footprint.
Will Bonn reset lead to Baku handshake on Paris Agreement’s Article 6?
The latest round of UN climate negotiations in Bonn has laid the groundwork for the power players to finally agree at COP29 on transparency and wider quality issues of Article 6 carbon markets. Our CMW team reports.
Ambition reality check for the Article 6.2 Titanic
We couldn’t agree more with one of the Article 6 negotiators: the negotiations on Article 6.2 are like being on the Titanic
No added value: Flaws of renewable energy carbon credits hidden in plain sight
Our latest report discusses how carbon credits from renewable energy projects are in oversupply and fail to deliver additional climate benefits
(E)mission improbable: Five weird and unworkable carbon offsetting ideas
What do camels, whales and breast-fed babies have in common? They’ve all been put forward as ways to offset emissions. We delve into some of the weirdest carbon crediting ideas and explain why they do not work for the climate.
Pricing the priceless: Lessons for biodiversity credits from carbon markets
Biodiversity markets are meant to channel private sector funding towards schemes that aim to conserve and restore biodiversity. In its current form, the unregulated funding schemes are reminiscent of the voluntary carbon market, which has a track record of supplying poor quality, cheap credits that inadequately transfer funds to the Global South.
Going for green: Is the Paris Olympics winning the race against the climate clock?
Aware of the impact of the games on the climate and of record temperatures on the games, organisers of the Paris games have pledged to break records when it comes to reducing the impact of this mega event on the planet. ‘Going for Green’, a Carbon Market Watch and éclaircies report assessing the credibility of these plans reveals that if completely implemented, only 30% of the expected carbon footprint is covered by a robust climate strategy.
Science Based Targets initiative (SBTi) Board of Trustees’ decision on offsetting undermines science and endangers the climate
Carbon Market Watch strongly condemns the SBTi Board of Trustees’ announcement to recognise carbon credits as a way to “abate” scope 3 emissions. These indirect, value chain emissions usually make up the lion’s share of a company’s carbon footprint.
