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…
After almost two years of intense negotiations, this week the European Parliament will give its final approval for the Climate Action Regulation, which aims to reduce emissions from transport, agriculture, buildings and waste management. Implementation will determine how effective this key climate law will be in helping Europe achieve its Paris climate goals. Covering over…
Editorial In less than two weeks, the climate community will gather in Bonn to discuss how to put the landmark Paris climate deal into action. When it comes to markets, rather than rushing to lock in rules that repeat past mistakes, it is important to ensure that future measures truly increase climate action and foster sustainable…
This piece was first published on Euractiv on 9 October 2017 EU member states can enable the upscaling of good examples of local climate action by closing loopholes in the Effort Sharing Regulation, a centerpiece of the EU’s climate policy, write Claire Roumet and Femke de Jong. This week, the EU environment ministers will adopt…
Editorial US President Trump’s announcement to withdraw from the Paris Agreement casts a shadow over financial support for developing countries to help them deal with the consequences of climate change and transition towards sustainable, low-carbon societies. New leadership is needed to fill in the climate finance gap. Responsible for almost 3% of global greenhouse gas emissions, the shipping…
Editorial This month, negotiations on the Paris Agreement implementation continued at the UN climate conference in Bonn, but little progress was made in the closed door talks on future carbon markets. The eventual outcome of these negotiations is set to impact the aviation industry’s new offsetting scheme CORSIA. Ensuring environmental integrity and avoiding double-counting of emission reductions…
This article was first published on Euractiv on 29 May 2017 As the negotiations on Europe’s key climate policies draw to an end, it is time to take stock and ask if Europe, a self-proclaimed climate leader, is really delivering on its international commitments, writes Femke De Jong. Two months ago we released a ranking showing Sweden,…
Editorial Only three EU countries are on the right track to reach the Paris climate deal goals, a new report by Carbon Market Watch and Transport & Environment reveals. Sweden tops the EU Climate Leader Board which ranks countries according to their positions on the Effort Sharing Regulation. We hope that other member states follow the example of Sweden, France and…
This week key policymakers of the European Parliament discuss the EU’s largest climate instrument. Ahead of the debate, five organizations expose how a loophole in the law could significantly increase the costs of post-2030 climate efforts by delaying the required emission reductions in the agriculture sector. The Effort Sharing Regulation (ESR) covers around 60% of…
Editorial The EU’s effort sharing regulation has grabbed our focus this month, as 2017 gets off to a challenging start for climate aficionados. Yesterday we had the pleasure of showcasing our new Effort Sharing Emissions Calculator to policymakers and NGOs at the European Parliament, where issues on climate change continue to be taken seriously. In December the European Parliament’s ENVI committee agreed on recommendation for phase IV of the Emissions Trading…
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