News & Press

Press release
By Gilles Dufrasne on 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…

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Opinion
By ECO - COP24 on 12 Dec 2018

OMG(E)! Article 6 is Going Above and Beyond Offsetting! – ECO

Acronym’s abound in the UNFCCC process, and here’s another one…O-M-G-E stands for “overall mitigation in global emissions.” Say what?! The mechanism referred to in Article 6.4(d) of the Paris Agreement: “shall aim to deliver an overall mitigation in global emissions.” Yes, it’s wonky. So, let us tryagain: This is a mandate to reflect on the hard lessons learned from the…

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Opinion
By Agnese Ruggiero - Policy Officer on 30 Nov 2018

Making Horizon Europe a tool to truly achieve the Paris Agreement goals – OpEd

The EU’s Horizon Europe for research and innovation provides an opportunity to unleash the potential of low-carbon technologies that will help Europe in the transition to a carbon neutral economy. This, however, is contingent on its design, writes Agnese Ruggiero. Published in Euractiv.com Agnese Ruggiero is a Policy Officer at Carbon Market Watch, an NGO…

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Press release
28 Nov 2018

EU’s Long Term Strategy offers hope for net-zero carbon future

Today, the EU Commission released its “Long Term Strategy for a Clean Planet For All”, an ambitious plan for Europe to tackle climate change and fulfill its commitment to the Paris Agreement. Carbon Market Watch welcomes the strategy, in particular the EU Commission’s open support for net-zero emissions by 2050. Of the 8 scenarios outlined…

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Opinion
By Agnese Ruggiero on 25 Oct 2018

National Energy and Climate Plans: a strong tool to implement the Paris Agreement but only if participative and ambitious

Engaging in a dialogue with all stakeholders is imperative for effective policy making, to ensure that the measures put forward can count on public support, and guarantee proper implementation. In the coming months, a particularly important opportunity for the active engagement of multi-level stakeholders will be the development and implementation of National Energy and Climate…

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Opinion
By Femke de Jong on 9 Oct 2018

Waste gases from steel worse for the climate than coal

The IPCC, the leading body of climate scientists, released a report this week showing that without unprecedented and rapid action, it will not be possible to avoid dangerous climate change. A major share of the efforts to keep global warming to 1.5°C will need to come from industry, which is the end-use sector responsible for…

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Opinion
By Gilles Dufrasne on 31 Aug 2018

Withdrawn UN advert shows why carbon offset scheme should be scrapped

The United Nations (UN) climate agency released a video this week mocking lifestyle changes, such as reducing meat consumption and flying, to promote the use of highly controversial credits to offset emissions. The video “Keep calm and offset” has since been removed, but inadvertently points to the main problems with offsetting, a concept that creates the illusion…

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Opinion
By Gilles Dufrasne on 24 Jul 2018

Green finance must be people-friendly

Today, civil society organisations have sent out a letter to leaders of the European Commission to call on them to adopt financial investment rules which will benefit both the people and the environment. The letter is part of a wider effort from civil society to make sure that “sustainable” finance does not end up harming people…

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Press release
28 Jun 2018

UN aviation body delays decision on key rules for airline offset scheme

28 June 2018 – BRUSSELS. The International Civil Aviation Organisation (ICAO) Council approved part of the package of rules for its future aviation offsetting scheme (CORSIA) yesterday in Montreal. The Council postponed decisions on offset and biofuel criteria, fueling concerns that they may be weakened before the next Council meeting in September. The 36 member countries…

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Opinion
By Gilles Dufrasne on 19 Jun 2018

An elephant in the room

How offsetting threatens even the most ambitious carbon pricing initiatives As leaders from three major carbon pricing jurisdictions meet in Brussels this week, it is important to take stock of how effectively pollution is priced in China, Canada, and the EU, and how it can help deliver on Paris climate goals.   The 24th UN…

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