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,…
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…
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…
This week, UN climate negotiators are meeting in Bonn, Germany, to try and find common ground on the Paris Agreement’s market provisions. There is growing political momentum to move beyond offsetting in global climate policy, but only a handful of countries around the negotiating table are willing to walk the talk. “We can no longer…
Voters put climate crisis firmly on EU agenda Dear friends, I am delighted to share with you a revamped Carbon Market Watch News. I hope you enjoy the new look, and easily find content that most interests you. I also look forward to receiving any feedback or suggestions! Last weekend, EU citizens turned up at the…
Over the next two weeks more than 22,000 people – including parties, observers, and journalists will arrive to in the little mining city of Katowice (Poland). Guests will be welcomed not only by delicious pierogi (typical Polish dish) and cold temperatures, but above all by a crisp and exhilarating atmosphere. As the eyes of the…
The divide between countries on key elements of the new UN carbon markets have become apparent at the last UNFCCC session which closed last week in Bangkok. Open questions around the transition of old markets and how to ensure that carbon offsets do not water down climate ambition are set to continue during COP24, when major rules of the Paris Rulebook are expected to be finalised in December in Katowice, Poland.
For almost a decade, the world’s most powerful economies have been making promises to stop channeling public money for fossil fuels that pollute our air and drive dangerous climate change, with little impact so far. This weekend’s G7 meeting in Canada is an opportunity to move from words to action. Expect intense discussions on a…
BRUSSELS 3 November 2017. The next round of UN climate talks takes place in Bonn from 6 to 17 November, under the Fijian Presidency, on how to implement the Paris climate deal. One open question is the role carbon markets will play in meeting global climate targets. Carbon Market Watch will be in Bonn to follow…
In a controversial move, the Board of the Green Climate Fund (GCF) has approved three large hydro dam projects, despite concerns raised by civil society on the extensive adverse social and environmental effects these projects can have. This development has to be seen very critically, especially considering past negative experiences under the Clean Development Mechanism…
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