News & Press

Opinion
By Jonathan Crook, Gilles Dufrasne on 25 Jun 2021

UN carbon markets face continued stand-off

Science and respect for human rights must be at the heart of any future rulebook After 3 weeks of technical discussions between country negotiators, little progress has been made to approach agreement on Article 6 of the Paris Agreement pertaining to carbon markets. Countries have even reinforced their stance on certain long-held positions, which in…

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Opinion
By Jonathan Crook on 4 Jun 2021

Time to make Article 6 work for the climate

Going beyond zero-sum game offsetting to deliver real benefits For Carbon Market Watch’s overall perspective on Article 6, see here. CMW has also been publishing a series of technical submissions, responding to a call for input from the UNFCCC: April, May, June. The Paris Agreement Article 6 must go beyond the zero-sum logic of offsetting…

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Opinion
By Jonathan Crook on 27 May 2021

UN negotiators search (yet again) for common ground on carbon markets

Paris Agreement Article 6 must reduce emissions fairly and effectively For CMW’s overall perspective on Article 6, see here. We have also been publishing a series of technical submissions, responding to a call for input from the UNFCCC: April, May, June. Technical discussions at the UN climate body UNFCCC on the Paris Agreement carbon market…

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Opinion
By Kaisa Amaral on 27 May 2021

Steel, cement and chemicals industries key to the clean transition 

The International Energy Agency outlines a path to a fossil-free future The International Energy Agency calls for an immediate stop to investments in and production of fossil fuels. For heavy industry decarbonisation, the “Net Zero by 2050” report relies too much on unproven technologies like carbon capture and storage. But it nevertheless sends a strong…

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Opinion
By Andrew Marshall on 18 May 2021

Will the dirty banks ever stop financing fossil fuels? 

While major banks are making grand climate pledges, investments in fossil fuels continue to increase. Internal carbon prices coupled with the end of fossil fuel subsidies have the potential to direct investments into a clean transition to a climate-safe future. Over the last few years, as countries globally are slowly moving decarbonisation targets in the…

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Opinion
By Kaisa Amaral on 19 Apr 2021

Why Europe cannot rely on forests to meet its climate targets

EU Climate Law negotiators must keep emission reductions and forest protection as separate targets and agree to cut pollution by 65% over the next ten years.    Forests play a vital role as carbon sinks in efforts to avoid catastrophic climate change. They are essential for all life on Earth. They need protection so that they…

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Opinion
By Agnese Ruggiero on 16 Apr 2021

Four key issues to watch in the EU’s carbon market reform

This opinion piece was first published on Euractiv on 15 April 2021 EU carbon market emissions experienced a record fall last year, but when it comes to heavy industry, the effect is likely to be short-lived, writes Agnese Ruggiero. The latest EU carbon market emissions data released by European Commission on April 1 was not…

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Opinion
By Daniele Rao, Agnese Ruggiero on 30 Mar 2021

Making the industrial pollution law fit for the EU Green Deal

A recent Carbon Market Watch webinar discussed the upcoming revision of the Industrial Emissions Directive in the framework of the European Green Deal. Achieving the goals of the European Green Deal (EGD) will entail driving down greenhouse gas emissions as well as achieving zero pollution and a non-toxic environment by 2050. The upcoming revisions of…

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Opinion
By Wijnand Stoefs on 25 Mar 2021

A global pollution price for ships is back on the agenda – here’s how to get it right

A worldwide shipping carbon pricing scheme must reduce pollution fast, finance technologies that reduce more emissions, and support countries most impacted by climate change. It must not include offsetting nor be allowed to weaken national or regional measures. The global shipping sector is still not paying for the climate damage it is causing. While carbon…

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