News & Press

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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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

EU carbon market needs an overhaul to deliver Green Deal

MADRID/BRUSSELS 11 December 2019. The European Green Deal, presented today by the EU Commission, must lead to short-term action and a rapid introduction of a 65% emission reduction target for 2030. Carbon Market Watch welcomes the proposals to include the shipping sector under the EU carbon market and to reduce free allocation for the aviation…

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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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News
By Kaisa Amaral on 30 Nov 2019

Carbon Market Watch Newsletter – November 2019

Global Carbon Markets Could Make Or Break Climate Action Dear friends, Just five weeks before the UN climate summit (COP25) was due to start in Santiago, the Chilean government pulled the plug on the event amid ongoing violent protests against deep inequalities in one of the wealthiest Latin American countries. While the talks found a…

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Press release
By Kaisa Amaral on 27 Nov 2019

Markets must increase climate action, not undermine it

Carbon Market Watch priorities at the COP25 in Madrid BRUSSELS 27 November 2019. The next round of UN climate talks takes place in Madrid from 2 to 13 December. The future of carbon markets could be a make or break element for climate action as some countries attempt to cash-in on badly designed mechanisms. While…

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News
By Kaisa Amaral on 27 Nov 2019

Can global carbon markets help us reach the Paris climate goals? 

What is the state of play of the talks on the Paris Agreement market mechanisms? How do we ensure that markets reduce emissions instead of shifting them around the globe? And that climate action drives sustainable development and benefits local communities?  A Carbon Market Watch webinar on Monday 25th of November took a deep dive…

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News
31 Oct 2019

Carbon Market Watch Newsletter – October 2019

Stronger climate action should be the main goal of an EU carbon border tax Dear friends, Tomorrow was supposed to start the count-down to the much-touted “European Green Deal”. The rejection of three Commissioner-candidates by the Europen Parliament means that Ursula von der Leyen’s team is not able to start their work at least before December, but…

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