In two parallel global climate processes governments need to finalise details for both international carbon markets under the Paris Agreement and the future aviation offsetting scheme CORSIA. Meanwhile, citizens are losing patience with their leaders that move too slowly in
A new paper published in Nature Climate Change confirms that relying on outdated Clean Development Mechanism (CDM) carbon credits to compensate aviation emissions will do nothing for climate action. You can read the full paper here (paywall): Warnecke et al.
This week, European Member States agreed on a common position regarding the future implementation of the International Civil Aviation Organisation’s (ICAO) new carbon market, set to start operating in 2021. The creation of a new offsetting mechanism for aviation, the
Today, civil society organisations have sent out a letter to leaders of the European Commission to call on them to adopt financial investment rules which will benefit both the people and the environment. The letter is part of a wider effort
Guest article by Soumya Dutta, Beyond Copenhagen collective, India India hosts a big share of climate mitigation projects under the UN’s Clean Development Mechanism (CDM). Many of these projects have blatantly violated the rights of affected communities and stakeholder consultations
As negotiations on the Paris Agreement rules approach the finish line, it will be important to ensure that future climate mitigation projects respect human rights and the environment. Ever since flood waters started to rise at the Barro Blanco hydro
Scroll down for French and Spanish Another round of UN climate talks closed on May 10th in Bonn, where negotiators discussed the “Paris Agreement rulebook”, a set of rules to regulate how commitments put forward in Paris can be implemented
In October, the private sector lending arm of the World Bank Group (International Finance Corporation, IFC) confirmed the cancellation of a controversial Santa Rita hydroelectric project in Guatemala, approved under the UN’s carbon offsetting scheme Clean Development Mechanism (CDM). The
Scroll down for French and Spanish Editorial Dear partners, dear friends, Welcome to the 20th edition of our Watch This! Newsletter. In this edition, we introduce two of Carbon Market Watch’s new working topics: international shipping emissions and carbon pricing.
Scroll down for French and Spanish 18 Jul 2017 Editorial Dear partners, dear friends, It is my pleasure to bring you the latest edition of the Watch This newsletter! This issue will give you the latest on the international climate
In the race against accelerating global warming, the 2024 Paris Olympics will not get the games past the finish line, our analysis finds. The only solution is to rethink and reform the mega event
Biodiversity markets are meant to channel private sector funding towards schemes that aim to conserve and restore biodiversity. In its current form, the unregulated funding schemes are reminiscent of the voluntary carbon market, which has a track record of supplying poor quality, cheap credits that inadequately transfer funds to the Global South.
The net-zero strategy of Occidental Petroleum (Oxy) relies heavily on unproven carbon removal technologies to camouflage its fossil fuel emissions and those of its customers while expanding its oil and gas production, a new investigation reveals.
Participants at the third meeting of the CO2ol Down campaign took a giant leap towards finalising their proposed amendments to the EU Climate Law and policy recommendations for governing permanent carbon removals in the EU
The body responsible for supervising the new UN carbon market mechanism must abandon the inadequate rules for social and environmental safeguards and return to the drawing board.
Having set the terms of discussion at the first workshop, participants met in person to brainstorm how the EU should govern permanent removals in a safe and sustainable manner
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