News & Press

Opinion
By Jonathan Crook on 4 Jun 2021

Time to make Article 6 work for the climate

Going beyond zero-sum game offsetting to deliver real benefits For Carbon Market Watch’s overall perspective on Article 6, see here. CMW has also been publishing a series of technical submissions, responding to a call for input from the UNFCCC: April, May, June. The Paris Agreement Article 6 must go beyond the zero-sum logic of offsetting…

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Carbon Market Watch News
By Kaisa Amaral on 3 Jun 2021

Carbon Market Watch Newsletter – May 2021

Subscribe to our mailing list here Time to tackle the thorny issues at UN carbon market talks  Next week, UN negotiators continue the talks on the Paris Agreement’s Article 6 which lays the foundation for future global carbon markets. It is the last open element of the so-called Paris Rulebook to implement the global climate deal….

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Opinion
By Jonathan Crook on 27 May 2021

UN negotiators search (yet again) for common ground on carbon markets

Paris Agreement Article 6 must reduce emissions fairly and effectively For CMW’s overall perspective on Article 6, see here. We have also been publishing a series of technical submissions, responding to a call for input from the UNFCCC: April, May, June. Technical discussions at the UN climate body UNFCCC on the Paris Agreement carbon market…

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Opinion
By Andrew Marshall on 18 May 2021

Will the dirty banks ever stop financing fossil fuels? 

While major banks are making grand climate pledges, investments in fossil fuels continue to increase. Internal carbon prices coupled with the end of fossil fuel subsidies have the potential to direct investments into a clean transition to a climate-safe future. Over the last few years, as countries globally are slowly moving decarbonisation targets in the…

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Carbon Market Watch News
By Kaisa Amaral on 30 Apr 2021

Carbon Market Watch Newsletter – April 2021

Subscribe to our mailing list here 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…

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Carbon Market Watch News
By Kaisa Amaral on 25 Mar 2021

Carbon Market Watch Newsletter – March 2021

A global shipping pollution price on the horizon As other industries have started paying for their pollution, the maritime sector has been let off the hook. Without urgent action, its emissions are set to rise well into the next decade. This trend goes against the Paris Agreement climate targets and the UN shipping agency’s IMO’s…

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Opinion
By Gilles Dufrasne on 23 Mar 2021

Five stories from new voluntary offsets data

The recent uptick in interest for voluntary offsets invokes certain concerns, but it also comes with a few benefits. One of these is the push for more transparency. A new public database tracking information about voluntary offsets from the four largest standards was launched by Trove Intelligence. It adds to similar platforms such as those…

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Carbon Market Watch News
By Kaisa Amaral on 25 Feb 2021

Carbon Market Watch Newsletter – February 2021

Gearing up for the EU carbon market rules revision The deadline for public consultation on the EU carbon market rules review passed earlier this month. A look at the input from industry is revealing. For example, the cement sector wants to be rewarded for using uncertain (taxpayer-funded) carbon capture and storage or utilisation to deal…

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Opinion
By Gilles Dufrasne on 24 Feb 2021

Alternatives to offsetting are no longer fringe

Carbon market stakeholders are slowly moving beyond the zero-sum game of offsetting towards alternative ways of financing climate action. This positive development will make the existing market more robust, helping to shield it from reputational risks and environmental integrity scandals. Offsetting – paying someone else to reduce emissions instead of reducing one’s own – has…

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Carbon Market Watch News
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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