News & Press
By Kaisa Amaral on 25 May 2020
Corporate climate lobbying in times of corona
Welcome to Carbon Countdown, a podcast by Carbon Market Watch covering all things carbon pricing, climate action and just transition Episode 2: Corporate climate lobbying in times of corona Carbon Market Watch · [Carbon Countdown] EPISODE 2: Corporate climate lobbying in the times of corona Music: Ambient Technology by Joystock – https://www.joystock.org The Covid-19 debate…
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By Kaisa Amaral on 6 Mar 2020
Why the Green Deal needs a strong industrial climate plan
Welcome to Carbon Countdown, a podcast by Carbon Market Watch covering all things carbon pricing, climate action and just transition Episode 1: Why the Green Deal needs a strong industrial climate plan Music: Ambient Technology by Joystock – https://www.joystock.org What are we talking about today? We discuss the upcoming EU industrial strategy, in which the…
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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 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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NEWS: Forestry offsets could turn EU’s 40% climate target into merely 35%
A new report from the Öko-Institut shows that the use of forestry offsets to replace efforts in other sectors would undermine the EU’s 2030 climate target by 5%. The legislative proposal for the land use sector that the European Commission is expected to present early next year should therefore uphold the environmental integrity of the EU’s 2030 climate target by treating the emissions and removals from our forests and soils completely separate from the efforts of other sectors.
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NEWS: Update from Bonn: What’s in store for market mechanisms?
With another round of UN climate talks underway in Bonn, uncertainty remains over the role that carbon markets will play in the Paris Protocol and accompanying decisions.
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EU’s plan to link to Swiss carbon market adds pressure to announce an increased climate target
Tomorrow, the EU is expected to announce its climate contributions towards the Paris climate agreement. The expected decision will build on the European Commission’s Road to Paris vision published last week. Hopes are that Ministers take their chances to address a number of critical issues that risk severely undermining the 40% domestic reduction target. They include a clear commitment to increase the 40% target in case of linking the EU’s emissions trading system (EU ETS) with other carbon markets, the way land use emissions are accounted for and the threat the existing surplus of emission allowances pose on the 2030 climate target.
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European Commission publishes vision on the Paris Protocol to tackle climate change
Today, the European Commission (EC) has published a first glimpse of the mitigation contributions the EU intends to contribute to the Paris Protocol. The Communication launched today entitled “The Paris Protocol – A blueprint for tackling global climate change beyond 2020” includes a proposal for the EU’s proposed Intended Nationally Determined Contribution (INDCs) prepared in…
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UN approved hydroelectric dam Barro Blanco suspended over community rights violations
Following community protests by the indigenous Ngobe communities, Panama’s environment agency ANAM supended the Barro Blanco hydroelectric yesterday. The decision was taken because of breaches of the national environmental impact assessment requirements, including shortcomings in the agreement with the locally affected indigenous communities.
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Reap what you sow: participation in a global carbon market should be limited to countries with ambitious climate targets
The role of future carbon markets will rank high on the agenda in Lima. Against the insufficient climate action pledges that have been made so far, a key issue in Lima will be to establish participation criteria that will only allow those countries with a mitigation target in line with the 2°C target to participate in international carbon markets.
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