Cooking the climate books: New peer-reviewed study finds carbon credit impact vastly overstated

Over 80% of carbon credits issued by more than 2,000 projects have a much lower climate impact than they claim, a new meta study finds. This has serious implications for the role of carbon markets in combating the climate crisis. The peer-reviewed paper, whose lead author was Benedict Probst of the Max Planck Institute appeared …

Carbon negative handbook

The 2015 Paris Agreement established the global ambition to “achieve a balance between anthropogenic emissions by sources and removals by sinks of greenhouse gases (GHG) in the second half of this century”. This is more commonly referred to as “net zero GHG emissions”. To reach net zero targets, substantial gross emissions reductions of over 90% …

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Join CMW in demanding a firewall between emissions reductions, land sequestration and carbon removals

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.

Greta Thunberg and other activists at the Bonn climate change conference

Penetrating the technical fog clouding Article 6 carbon markets

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.