News & Press

Press release
15 Dec 2018

COP24 overshadowed by market failure as countries fail to agree on basic accounting principles and the future of the CDM

COP24 closed this evening in Katowice, Poland, more than 24 hours later than initially planned. Despite smooth progress at first, negotiations ended in confusion as it proved impossible to find an agreement within the article 6 negotiations, which work to set up two new carbon markets for the post-2020 period. The text presented to all…

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Press release
13 Oct 2017

EU governments miss chance to align key climate law with Paris Agreement

BRUSSELS 13 OCTOBER 2017. Today, the EU environment ministers adopted their position on the Effort Sharing Regulation (ESR) which covers emissions from the transport, building, agriculture and waste sectors in the 2021-2030 period. As the EU’s largest climate tool, the ESR is key to implementing the Paris Agreement in Europe. Loopholes adopted today by the…

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Press release
14 Jun 2017

European Parliament improves key climate law but fails to close all loopholes

STRASBOURG 14 June 2017. Today, the European Parliament voted on the Effort Sharing Regulation which covers the emissions from the transport, building, agriculture and waste sectors in the 2021-2030 period. While strengthening the EU’s largest climate tool, the Parliament position leaves loopholes in the draft law that risk postponing emission reductions in these sectors. The…

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Press release
30 May 2017

EU lawmakers reduce loopholes in key climate law

BRUSSELS 30 May 2017. The European Parliament’s environment committee voted today to limit loopholes in the EU’s key climate legislation, preventing  European countries from stalling emissions reductions in sectors such as agriculture and transport. EU environment ministers must go further to maximise the low-carbon potential of the law as they prepare to adopt a joint…

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Carbon Market Watch News
27 Feb 2017

The cost of climate inaction in the agricultural sector

This week key policymakers of the European Parliament discuss the EU’s largest climate instrument. Ahead of the debate, five organizations expose how a loophole in the law could significantly increase the costs of post-2030 climate efforts by delaying the required emission reductions in the agriculture sector. The Effort Sharing Regulation (ESR) covers around 60% of…

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Carbon Market Watch News
4 Nov 2016

Carbon Market Watch at COP22 in Marrakech

    Just after the Paris Agreement enters into force, the world will reconvene in Marrakesh to put the interpretive meat on the bones of the Paris Agreement, including on the role of carbon markets, notably Cooperative Approaches and the Sustainable Development Mechanism (SDM) in Article 6. In elaborating the rules of Article 6, Carbon…

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Carbon Market Watch News
21 Sep 2016

Barro Blanco: communities flooded despite rejected agreement – NGOs ask for withdrawal of CDM’s registration

On September 17, Ngäbe people rejected an agreement between top representatives and the government, signed only a month before. In the meantime, the test filling of the reservoir resumed which has flooded affected communities. Carbon Market Watch along with 80 other local and international NGOs, have called on the Panamanian authorities to withdraw the Barro…

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