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 …

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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.

Carbon copy: Draft European Parliament report fails to correct faulty carbon removals framework

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 …