News & Press

News
31 May 2019

Carbon Market Watch Newsletter – May 2019

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…

Read more →

Press release
15 Dec 2018

COP24 overshadowed by market failure as countries fail to agree on basic accounting principles and the future of the CDM

COP24 closed this evening in Katowice, Poland, more than 24 hours later than initially planned. Despite smooth progress at first, negotiations ended in confusion as it proved impossible to find an agreement within the article 6 negotiations, which work to set up two new carbon markets for the post-2020 period. The text presented to all…

Read more →

News
By Gilles Dufrasne on 8 Oct 2018

New IPCC report shows 1.5C° is still possible, but more needed from aviation and shipping

This week, the Intergovernmental Panel on Climate Change (IPCC), a leading climate science body, has published a report on the scientific evidence relating to 1.5C° global warming. The report shows that it is still possible to limit warming to 1.5C° and avoid dangerous climate change. Reaching this goal, however, would require rapid and large-scale climate…

Read more →

News
By Gilles Dufrasne on 14 Sep 2018

UN market negotiations: Will we learn from the past?

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.

Read more →

News
By CAN International on 6 Sep 2018

The New Article 6: We Know What We Need (ECO: UNFCCC SB48)

Market negotiations resumed at full speed in Bangkok, with new text being published after only one day of negotiations. Parties are feeling the pressure now that COP24 is looming. We’ve started the session by hearing lists of priorities for items that could not be postponed to 2019 (assuming  that not all issues could be resolved…

Read more →

News
By Aki Kachi on 28 Jun 2017

Time to set sail for shipping climate action

After 20 years of procrastination, shipping sector is finally discussing a strategy to address its emissions that represent almost 3% of global greenhouse gasses. As the UN shipping body meets in London next week, ‘Paris spirit’ is needed to spur action in the sector. Summer 2017 – the UN shipping body, the International Maritime Organization…

Read more →

News
By Juliane Voigt on 27 Apr 2017

Fostering sustainable development through climate action – what should the future UN mechanism look like?

In May, climate negotiators will again gather to flesh out the rules to implement the landmark Paris climate agreement. One of the topics on the agenda is the Sustainable Development Mechanism. To be effective, the successor to the Clean Development Mechanism must guarantee real, measurable and long-term benefits both in terms of emission reductions and…

Read more →

Press release
18 Apr 2017

New study adds urgency to end UN carbon offsetting scheme

Brussels 19 April 2017. The European Commission has released a new study showing major flaws in carbon offsets from the Clean Development Mechanism (CDM). As countries flesh out the rules to implement the Paris Agreement, Carbon Market Watch calls for an end to the scheme, and a shift away from offsetting as a climate policy…

Read more →

News
23 Feb 2017

Carbon Market Watch Newsletter – February 2017

Editorial This month the European Parliament adopted its position on the EU Emissions Trading System reform. Earlier calls from nearly 100 000 citizens across Europe failed to motivate lawmakers into taking bolder steps to strengthen the EU’s key climate law. MEPs voted against steeper emission cuts and in favour of more free pollution permits. However, in a welcome move, they decided…

Read more →