News & Press

Press release
By Kaisa Amaral on 7 Jul 2020

Shipping pollution should be covered by Europe’s carbon market – EU lawmakers

BRUSSELS, 7 July 2020.  European Parliament environment committee members have voted to extend the EU carbon market to cover international shipping, to establish a maritime decarbonisation fund and to set a mandatory reduction target for the carbon intensity of shipping. Carbon Market Watch welcomes the decision as the first step towards putting a price on…

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Carbon Market Watch News
By Kaisa Amaral on 29 Jun 2020

Carbon Market Watch Newsletter – June 2020

EU Green Deal at the heart of post-corona Europe Dear friends, Our leaders are hoping to clinch a deal in the coming weeks on the EU’s financial recovery package and the multi-annual budget. In September, we expect the European Commission to announce its proposal for an improved 2030 climate target. The science says that Europe…

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Carbon Market Watch News
By Kaisa Amaral on 31 May 2020

Carbon Market Watch Newsletter – May 2020

What kind of future do we want? Dear friends, The coronavirus debate is now very much focused on how to get our economies back on track, as governments ease up on the lockdown measures of recent months. Corporate lobbyists have been very active since the beginning of the turmoil. In our latest edition of the…

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Carbon Market Watch News
By Kaisa Amaral on 26 Mar 2020

Carbon Market Watch Newsletter – March 2020

Europe’s recovery plans will fall flat unless they drive a green transition Dear friends, Up until only a few weeks ago, the climate emergency topped Europe’s political agenda. The European Commission published its much-awaited EU Climate Law, proposing to make Europe’s climate-neutrality target legally binding. Another key initiative was the launch of the new industrial…

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Press release
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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Press release
By Kaisa Amaral on 10 Mar 2020

EU industry strategy fails Green Deal test

BRUSSELS 10 March 2020. The European Commission’s new industrial strategy provides a strong narrative on the need to decarbonise Europe’s industrial sector but fails to put forward concrete measures to drive the transformation and address barriers on the road to climate neutrality. Carbon Market Watch calls for a swift adoption of industrial climate policies including…

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Carbon Market Watch News
By Kaisa Amaral on 28 Feb 2020

Carbon Market Watch Newsletter – February 2020

International transport can no longer dodge climate responsibility  Dear friends, Two important climate meetings – on international aviation and shipping – will take place in March. International transport is not included in countries’ national climate pledges under the Paris Agreement. The task to address the massive climate impact of these sectors lies with the responsible UN…

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Carbon Market Watch News
By Kaisa Amaral on 31 Jan 2020

Carbon Market Watch Newsletter – January 2020

The year of climate ambition  Dear friends, One year from now, the landmark Paris Agreement will have entered into force and before that, governments should have announced higher climate pledges to put the world on track to limit global temperature rise to 1.5 degrees. 2020 has already been dubbed as the year of climate ambition…

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Press release
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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Press release
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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