Article 6 of the Paris Agreement sets out the principles for carbon markets. At COP28, governments will further develop the rules governing these markets.
Carbon Market Watch calls on organisations, businesses and academics to join its open call for the EU to explicitly separate its targets and policies for emissions reductions, carbon sequestration in the land sector and permanent removals in its post-2030 climate framework.
REDD+, which aims to reduce or prevent deforestation through the voluntary carbon market, is a complex and confusing area. In this FAQ, we answer some frequently asked questions.
Following the technical deadlock and glacial pace of progress at the Bonn climate conference, negotiators need to get their act together before COP28. Climate commitments should shape the further development of carbon markets under Article 6 of the Paris Agreement, otherwise the environment and society will lose out.
The European Parliament Environment Committee’s rapporteur has preserved most of the defects in her draft report reacting to the European Commission’s proposed Carbon Removal Certification Framework. The draft report, composed by MEP Lídia Pereira of the European People’s Party, contains many small improvements compared with the European Commission’s original proposal for a Carbon Removal Certification …
Preserving nature, restoring soils and safeguarding biodiversity are urgent and necessary activities. However, branding them as carbon removals is harmful. We need other solutions
The UN-backed ‘Carbon Removal Pioneers’ stoke the development dreams of African countries but crash against the reality of climate science.
Alarm bells for the climate were set off last week by a leak of the European Commission’s proposal for a Carbon Removal Certification Framework (CRCF). The draft leaves many important questions unanswered and vital issues unaddressed, and could usher in an era of greenwashed and money-wasting carbon removals.
Voluntary carbon market standards promising tonne-for-tonne compensation and exact measurement of impact are attempting to square the circle, argues Gilles Dufrasne. One solution is to drop offsetting claims and offer credits as financial contributions to climate action. Last week marked the closing of the public consultation on quality criteria for carbon credits by a new …
National governments in the European Union are botching their planning of carbon removals. This lack of strategic thinking and focus on false solutions threatens the climate and biodiversity, a new study reveals.