News & Press

By Agnese Ruggiero and Andrew Marshall on 7 Oct 2021

How to get ‘Fit for 55’ in shape for the climate emergency

Some EU governments believe the ‘Fit for 55’ package is too ambitious but, in reality, it is not ambitious enough. More action is needed today because tomorrow will be too late to avoid catastrophic global warming, write Agnese Ruggiero and Andrew Marshall. This week, European environment ministers met in Luxembourg to discuss the draft ‘Fit…

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By Andrew Marshall on 29 Sep 2021

Will the world’s largest carbon market reduce China’s emissions?

China’s new carbon market replicates the problems associated with the EU’s Emissions Trading System and adds a few of its own, such as its failure to impose a cap on emissions. This casts doubts on China’s ability to meet its climate targets. Andrew Marshall explains. The world’s largest carbon market made its debut this summer….

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By Wijnand Stoefs on 28 Sep 2021

Carbon capture and utilisation is unfit for 55

Carbon capture and utilisation (CCU), which is almost always only a temporary store of greenhouse gases, should not absolve corporations of their obligations to pay for their pollution, writes Wijnand Stoefs. The European Commission has proposed introducing CCU into the EU carbon market policy framework as a part of its ‘Fit for 55’ revamp of…

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12 May 2021

Carbon Market Watch is recruiting Communications Director

We are recruiting a highly motivated and experienced Communications Director for a full-time position, initially on a one-year contract with the intention of extension, starting as soon as possible.  The communications director will work in our Brussels’ office and remotely from a Belgian residence. S/he will report to our Executive Director and will lead on…

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Carbon Market Watch News
By Kaisa Amaral on 30 Apr 2021

Carbon Market Watch Newsletter – April 2021

New hope for Europe’s carbon market? The latest EU carbon market data shows a record fall in CO2 emissions. But while the power sector pollution is on a steady decline year after year, for heavy industry, last year’s pandemic-induced drop is likely going to be short-lived. Industrial emissions in Europe have not reduced in the…

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Press release
By Kaisa Amaral on 22 Apr 2021

New 1bn USD initiative raises the bar for forest carbon credits, but risk of abuse remains

A joint reaction by Carbon Market Watch and the Rainforest Foundation Norway to the announcement of a new coalition to finance forestry climate projects BRUSSELS/OSLO 22 April 2021 In the context of the US President Biden’s “Leaders’ Summit”, today, the US, UK and Norway, together with Amazon, announced a 1 billion USD initiative to purchase…

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Watch This! - Civil Society Newsletter
By Andrew Coiley on 21 Oct 2020

Watch This! Civil Society Newsletter Q3

Ambitious EU/China climate news muted amid COVID chaos Dear members, friends & colleagues, Welcome to this quarter’s edition of the Watch This, a civil society newsletter by Carbon Market Watch. In this edition we look at some big climate announcements that have struggled to get the recognition they deserve during these increasingly troubling times. In an interview with my…

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Watch This! - Civil Society Newsletter
By Andrew Coiley / Agnese Ruggiero on 20 Oct 2020

Europe’s new climate pledge: more than a glossy magazine cover?

Interview with Agnese Ruggiero In a ‘normal’ year last month’s big climate announcements by Europe and China would have been a major international talking point, sadly this year is nothing but normal!  First, the EU Commission during the State of the Union speech set out a plan to raise the block’s 2030 GHG reduction target…

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Watch This! - Civil Society Newsletter
By Andrew Coiley on 30 Jun 2020

Watch This! – Civil Society Newsletter – Q2

COVID recovery needs environmental strings attached Dear members, colleagues and friends, Recent months have been testing times for so many, as the global pandemic continues to pull on the very fabric of our societies.  While many countries around the world continue to battle the health crisis, others are already looking at how their economies can start to recover from the impact. What should a COVID recovery…

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