News & Press

Carbon Market Watch News
By Kaisa Amaral on 30 Apr 2020

Carbon Market Watch Newsletter – April 2020

Blank cheque bailouts to polluters are not the way out of the pandemic Dear friends, This week we heard encouraging messages from the Petersberg Climate Dialogue, an annual global meeting of environment and climate ministers. In their video statements (how else?), leaders from across the world vowed to deliver a green recovery. Their message was…

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Press release
By Kaisa Amaral on 30 Apr 2020

Airline bailouts set to double to €26bn as countries fail to impose binding green conditions 

By Carbon Market Watch, Greenpeace, Transport & Environment BRUSSELS 30 April 2020 Airline polluters are now seeking more than €26 billion in taxpayers’ money – double the amount of just a week ago – according to the European airline bailout tracker compiled by Carbon Market Watch, Greenpeace and Transport & Environment. Governments have agreed €11.5 billion…

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Press release
By Kaisa Amaral on 22 Apr 2020

Polluting European airlines seek €12.8 bn (and counting) in bailouts

Updated at 14:20 on 22 April to change TUI Germany to TUI Group Greenpeace, Transport & Environment, and Carbon Market Watch launch airline bailout tracker Brussels, 22 April 2020 – European airlines – some of the European Union’s biggest polluters – have sought an unprecedented €12.8 billion in government bailouts since the beginning 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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