at

COP 27

Slash emissions
Don't offset ambition

At the COP27 climate conference in Sharm el-Sheikh, we urge the international community to commit to far more ambitious climate action. Negotiators must design effective and fair carbon markets under Article 6 that complement rather than replace rapid and massive emissions reductions.

“Governments need to stop making up excuses for climate inaction, and we count on them to act collectively to kick our fossil fuel addiction. World leaders must support the climate solutions of the future rather than giving the polluters of the present and past an easy way out.”

Sam Van den plas
Policy Director, Carbon Market Watch

Our recommendations:

Optimise blueprint

Article 6 negotiators must design governance mechanisms for carbon markets that ensure total transparency and maximise the benefit to the climate and local communities.

Minimise carbon footprint

COP27 must focus primarily on committing the international community to rapid and significant emissions reductions, preferably with binding targets.

Stop offsetting responsibility

Offsets are used by heavy polluters to offload a significant portion of their responsibility on to others. Both governments and corporations must stop relying on offsets and focus on better alternatives.

Safeguard human rights and climate justice

Human rights must be at the heart of climate action and decisions must be taken democratically with the full participation of civil society and local communities. Negotiators must reach a fair deal on loss and damage.

Find out more

Where to find us

Wednesday 9 November 2022

18:00 -19:30, Morocco Pavilion: Addressing the CBAM Agreement by European Council
18:30 – 20:00, Room Thebes: Transparency and expectations from our stakeholders (Article 6.4SB side event)

Thursday 10 November 2022

9:00 – 10:30, IETA Pavilion: The Carbon Market Debate: Are carbon credits needed to reach net-zero?

Friday 11 November 2022

11:00 – 12:30, IETA Pavilion: Scaling durable carbon removals: What role for MRV and GHG accounting?
16:00 – 17:00, Namibia Pavilion: Article 6: double counting and corresponding adjustments

Monday 14 November 2022

15:00 – 15:45, Turkiye Pavilion: Carbon credit valuation and digitalization of carbon markets

Wednesday 16 November 2022

12:00 – 13:00, Turkiye Pavilion: Article 6: double counting and corresponding adjustments

at