News & Press
By Kaisa Amaral on 29 Jan 2021
Carbon Market Watch Newsletter – January 2021
New Year New Climate Momentum The private-sector task force, led by Mark Carney, has published its roadmap for “scaling up voluntary carbon markets”. More investments in climate action are, of course, more than welcome. But the task force should pay more attention to quality – instead of focusing on quantity. One striking omission in the new…
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Carbon Market Watch Newsletter – June 2019
EU governments breach citizens’ right to information on international aviation climate policy Dear friends, As I write this at the UN Climate Change Conference, Bonn, along with the rest of Western Europe, is sweltering in the scorching heat, an uncomfortable foretaste of what an ever-warming climate has in store for us. I can only hope that…
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Markets must increase climate ambition – Carbon Market Watch priorities at the COP23 in Bonn
BRUSSELS 3 November 2017. The next round of UN climate talks takes place in Bonn from 6 to 17 November, under the Fijian Presidency, on how to implement the Paris climate deal. One open question is the role carbon markets will play in meeting global climate targets. Carbon Market Watch will be in Bonn to follow…
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EU lawmakers improve Europe’s aviation pollution rules
11 Jul 2017 BRUSSELS 11 July 2017. Today, the European Parliament’s environment committee voted to include international flights in Europe’s carbon market from 2021 onwards. Lawmakers also took small steps towards making the aviation industry pay more for its massive climate impact. The committee was voting on aviation’s future role under the EU’s Emissions Trading…
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By Kelsey Perlman on 22 Mar 2017
Europe must not backslide on aviation’s climate responsibility
The European Parliament’s environment committee has nominated Julie Girling from conservative group ECR to lead talks on aviation’s role in the EU’s Emissions Trading System. Discussing the European Commission’s most recent proposal to continue the exclusion of international flights from the EU ETS, Ms Girling urged colleagues not to let Europe slip back on gains already made to curb the sector’s growing climate impact.
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EU’s climate reputation bruised as long-haul flight exemption extended
BRUSSELS 3 February 2017. The European Commission has proposed to continue to exempt all flights to and from Europe from paying for their pollution under the EU’s carbon market rules, following an international agreement on aviation emissions. An uncertain global agreement should not be allowed to undermine EU’s climate efforts. The proposal comes after the…
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EU needs to step up domestic climate efforts to deliver on Paris
Brussels 22 April 2016. Today at least 160 countries – and the EU – gather in New York to sign a landmark climate deal with an ambitious target to limit global warming to 1.5°C above preindustrial levels. On this occasion, 23 organisations urge EU leaders to ensure that Europe’s largest climate instrument will be made coherent with the Paris agreement. Other key areas where the EU needs to deliver are the EU Emissions Trading System, and emissions from aviation.
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Green Climate Fund under pressure after accrediting contested banks
Despite strong opposition from the civil society, the Green Climate Fund (GCF) Board last week in Songdo accredited two entities – HSBC and Crédit Agricole – that have been contested for money laundering, investment in fossil fuel and poor protection of human and environmental rights. This unveils the double standard poor track record plays in accrediting big or small entities.
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UN launches new platform to offer stranded CDM carbon offsets
As part of the climate week in New York, the UN launched the “Go Climate Neutral Now” initiative- a new online platform to purchase carbon offsets generated by its Clean Development Mechanism (CDM). The initiative attempts to boost demand for CDM credits on the voluntary carbon market and for the aviation sector but fails to dodge the sale of bogus carbon offsets.
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UN offers new marketplace for stranded carbon offsets
Brussels, 22 September 2015. Today, at the climate week in New York, the UN launched the “Climate Credit Store”- a new online platform to purchase carbon offsets generated by its Clean Development Mechanism (CDM). The initiative attempts to boost demand for CDM credits on the voluntary carbon market and for the aviation sector but fails to dodge the sale of bogus carbon offsets.
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