Carbon markets stand to feature prominently and problematically on the COP30 agenda. Big polluters are touting carbon credit markets as a climate finance tool, but offsetting emissions doubles the burden on the Global South: not only are these countries bearing the brunt of the climate crisis, it is their land and resources that are being used to camouflage business as usual in polluting countries. 

Moreover, presenting carbon credit markets as a climate solution contradicts the scientific evidence.  It’s time to abandon the greenwashing and listen to the science and the majority of UNFCCC constituencies: carbon offsetting is not a fix for the climate crisis. Big polluters must pursue deep decarbonisation immediately.

Our demands

Stop offsetting

Big polluters - countries as well as companies - must not offset their responsibilities to decarbonise, and carbon markets should never undermine climate ambition, as seen in the EU. The recent ICJ ruling confirmed that states have a legal obligation to pursue ambitious mitigation measures.

Heed the scientific consensus

The scientific community is largely united in the view that offsets cannot replace direct emissions cuts.

Stop promoting markets as a silver bullet for climate action, development and climate finance

Vast amounts of climate finance are urgently needed; carbon market finance is not climate finance.

Listen to indigenous peoples and local communities

The voices of those impacted by carbon market projects must be centered in discussions, instead of the voices of market players looking to make a profit.

“Conflating carbon market finance with climate finance is disingenuous and dangerous. A transaction of carbon credits helps big polluters continue business as usual - by no means does this replace the Global North’s legal obligation to provide public climate finance."

Isa Mulder, CMW’s Policy Expert on Global Carbon Markets

The context of
GLOBAL CARBON MARKETS

Where to find us

📅 Tuesday 11 November 2025

16:45 – 18:15 (UTC-3), Side Event (SE) Room 6 Zone C, Blue Zone
Communities in the driving seat: Carbon Markets safeguards and alternatives

📅 Tuesday 11 November 2025

18:30 – 20:00 (UTC-3), Special Events Room 5. Blue Zone
Official UNFCCC event for the Article 6.4 Supervisory Body

📅 Wednesday 12 November 2025

10:00 – 11:00 (UTC-3), exact location tbd, Blue Zone
Official UNFCCC event: Article 6.2 Ambition Dialogue, Day 2, Session 1 – “Ensuring high-integrity cooperative approaches”

📅 Friday 14 November 2025

13:45 – 14:45 (UTC-3), Regional Climate Foundations Pavillion, Blue Zone
Should carbon credits finance the early retirement of coal plants?

Multimedia

Latest news and press

OUR COP30 DELEGATION

Week 1 and 2

Isa Mulder, Policy Expert on Global Carbon Markets [email protected]

Week 1 and 2

Federica Dossi, Policy Expert on Global Carbon Markets [email protected]

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