News & Press

Opinion
28 Oct 2020

“Offsetting must not be a license to continue polluting”

Interview with Sabine Frank Companies and governments are announcing “climate-neutrality” targets, and consumers are being offered ways to offset their carbon footprint. What does this mean in practice? How can we distinguish between real climate action and simple PR campaigns? What does it mean to be “climate neutral”? “Climate neutrality” means we don’t add any…

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Opinion
22 Oct 2020

Up in smoke – California fires once again highlight dangers of forest offsets 

Companies are increasingly adopting “climate-neutrality” targets, which often include relying on forests to compensate for pollution. After yet another such offset project was swallowed by flames in California, unresolved questions about forest and land offsets resurface. It’s a simple tagline for green marketing campaigns: “Enjoy our product, it’s climate neutral”. While the tagline is simple,…

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Carbon Market Watch News
By Kaisa Amaral on 25 Sep 2020

Carbon Market Watch Newsletter – September 2020

Europe’s renewed climate commitment under scrutiny Dear friends, The European Commission has proposed to strengthen Europe’s 2030 climate target to at least 55%. While a very positive development, the new target nevertheless falls short of what science says is needed for the EU to do its share to keep global warming at safe levels. Critically,…

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Opinion
By Wijnand Stoefs on 28 May 2020

The EU to improve its carbon market rules despite corona – survey

The annual carbon market survey by the financial market data analyst Refinitiv shows high confidence in the European Green Deal in strengthening the EU carbon market.   First, the 80 respondents that answered to the questions about EU policies, see the EU emissions trading system (EU ETS) as the most important tool for reducing greenhouse gas…

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Opinion
By Wijnand Stoefs on 27 May 2020

What “negative emissions”?

To limit global heating to 1.5 degrees, it will no longer be enough to just cut our pollution; some emissions will likely have to be removed from the atmosphere and permanently stored. Together with partners, Carbon Market Watch launches a new project with the aim to provide decision-makers with concrete policy recommendations to ensure responsible…

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Opinion
By Gilles Dufrasne on 1 Apr 2020

ICAO’s carbon market report offers valuable lessons for Article 6 talks

This opinion article was first published in Carbon Pulse on March 30, 2020 As part of the work to establish an international carbon market for aviation, CORSIA, a group of experts recently recommended restrictions for the types of carbon offsets that can and cannot be used by airlines. These restrictions were adopted by the UN aviation…

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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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