News & Press
By Kaisa Amaral on 16 Mar 2020
ICAO decision on aviation carbon market rules a step in the right direction but fails to exclude all junk credits
MONTREAL/BRUSSELS, 14 March 2020. The UN aviation body ICAO’s Council has agreed to recognise carbon offsets from six existing offset programmes for use by airlines under CORSIA, the UN’s new carbon market for aviation. The Council’s 36 member countries also decided to limit the age of credits used as well as the type of projects eligible. However, the total supply of…
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By Gilles Dufrasne on 20 Jan 2020
International carbon markets at the frontier to the wild west
The failure to agree on rules for international carbon markets at COP 25 has been a victory for some and a disaster for others. Looking at it pragmatically, it was very much a “disaster averted” outcome since the rules on the table would have legitimised the use of markets riddled with loopholes. Far from ideal,…
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By Kaisa Amaral on 16 Dec 2019
OMGE (?!) – or how carbon markets must reduce emissions instead of shifting pollution around
The article was first published in Carbon Markets at COP25 blog on 13th December 2019 Offsetting means that you compensate for your carbon footprint by financing a climate project that supposedly reduces the same amount of pollution that you produce. At first glance, that doesn’t sound so bad. But we are in the middle of…
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By Kaisa Amaral on 15 Dec 2019
COP25: No deal on UN carbon markets as a number of countries reject loopholes
MADRID 15 DECEMBER 2019 Governments at the UN climate talks (COP 25) postponed decisions on future carbon market rules after no agreement was reached on the most contentious issues such as the fate of old credits and measures to avoid double-counting. Carbon Market Watch commends countries who defended strong carbon market rules and calls on…
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By Kaisa Amaral on 13 Dec 2019
Do you want to solve the climate crisis – or do you want to cheat?
The article was first published on Carbon Markets at COP25 blog on 12th December 2019 There is a lot at stake in the UN climate conference in Madrid. If countries agree on bad rules for the future global carbon markets, the world will lock in a system that does nothing to reduce emissions – in…
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Watch This! - Civil Society Newsletter
By Andrew Coiley on 12 Dec 2019
TIME FOR ACTION!!
Welcome to this latest edition of the WT! (Watch This!). In this edition we bring you campaign updates from COP25 in Madrid, Spain and actions from around the globe to sound the alarm bells on the climate crisis. Carbon Markets @ COP25 Negotiations on carbon markets have moved slow – the last remaining items of…
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Watch This! - Civil Society Newsletter
By Falguni Joshi (Guest Interview) on 12 Dec 2019
Indian perspective of COP25
An interview with Falguni Joshi (CMW member from Gujarat, India Q1: Can you describe what you/your organisation is working on? I have been working on environmental issues since 1997, especially strengthening people’s participation in environmental decision-making processes, creating awareness, raising material on environmental issues, disseminating knowledge about climate change among youth in India, through capacity-building…
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By Kaisa Amaral on 11 Dec 2019
Dodgy carbon market rules risk undermining the Paris Agreement
MADRID 10th December 2019. The UN carbon market talks are at a crossroads in Madrid as ministers take over today. Carbon Market Watch calls on governments to only accept a deal that bans old Kyoto credits, includes rules to avoid double-counting, and to ensure that markets reduce emissions, and include strong environmental and social safeguards….
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By Kaisa Amaral on 5 Dec 2019
4 reasons why only new, good (!) projects should be funded under Article 6
Originally published in Carbon Markets at COP25 blog on 2 December 2019 Starting today and continuing over the coming days, we’ll break the issue down into four key elements that could make or break the future carbon market schemes. One of the thorniest issues is the question of whether or not the old credits from…
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By Kaisa Amaral on 30 Nov 2019
Carbon Market Watch Newsletter – November 2019
Global Carbon Markets Could Make Or Break Climate Action Dear friends, Just five weeks before the UN climate summit (COP25) was due to start in Santiago, the Chilean government pulled the plug on the event amid ongoing violent protests against deep inequalities in one of the wealthiest Latin American countries. While the talks found a…
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