News & Press
By Kaisa Amaral on 27 Jan 2021
Private sector carbon market report evokes more concern than hope
Carbon Market Watch’s reaction to the publication of the report by the task force on scaling up voluntary carbon markets BRUSSELS 27 January 2021 The report of the “Taskforce on Scaling Voluntary Carbon Markets” proposes the creation of updated quality criteria for carbon offsets and standardised reporting requirements but also leaves the door open for…
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By Kaisa Amaral on 15 Dec 2019
COP25: No deal on UN carbon markets as a number of countries reject loopholes
MADRID 15 DECEMBER 2019 Governments at the UN climate talks (COP 25) postponed decisions on future carbon market rules after no agreement was reached on the most contentious issues such as the fate of old credits and measures to avoid double-counting. Carbon Market Watch commends countries who defended strong carbon market rules and calls on…
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By Kaisa Amaral on 11 Dec 2019
Dodgy carbon market rules risk undermining the Paris Agreement
MADRID 10th December 2019. The UN carbon market talks are at a crossroads in Madrid as ministers take over today. Carbon Market Watch calls on governments to only accept a deal that bans old Kyoto credits, includes rules to avoid double-counting, and to ensure that markets reduce emissions, and include strong environmental and social safeguards….
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By Kaisa Amaral on 27 Nov 2019
Markets must increase climate action, not undermine it
Carbon Market Watch priorities at the COP25 in Madrid BRUSSELS 27 November 2019. The next round of UN climate talks takes place in Madrid from 2 to 13 December. The future of carbon markets could be a make or break element for climate action as some countries attempt to cash-in on badly designed mechanisms. While…
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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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World moves closer to global pollution pricing as China launches carbon market
BRUSSELS 19 December 2017. The launch of the world’s largest carbon market sends an important political signal of China’s commitment to address climate change. Putting a price on pollution can incentivise the phase-out of fossil fuels, but the existing carbon markets have so far not delivered a high enough price to drive the transition to…
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Markets must increase climate ambition – Carbon Market Watch priorities at the COP23 in Bonn
BRUSSELS 3 November 2017. The next round of UN climate talks takes place in Bonn from 6 to 17 November, under the Fijian Presidency, on how to implement the Paris climate deal. One open question is the role carbon markets will play in meeting global climate targets. Carbon Market Watch will be in Bonn to follow…
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EU governments miss chance to align key climate law with Paris Agreement
BRUSSELS 13 OCTOBER 2017. Today, the EU environment ministers adopted their position on the Effort Sharing Regulation (ESR) which covers emissions from the transport, building, agriculture and waste sectors in the 2021-2030 period. As the EU’s largest climate tool, the ESR is key to implementing the Paris Agreement in Europe. Loopholes adopted today by the…
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European Parliament improves key climate law but fails to close all loopholes
STRASBOURG 14 June 2017. Today, the European Parliament voted on the Effort Sharing Regulation which covers the emissions from the transport, building, agriculture and waste sectors in the 2021-2030 period. While strengthening the EU’s largest climate tool, the Parliament position leaves loopholes in the draft law that risk postponing emission reductions in these sectors. The…
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EU lawmakers reduce loopholes in key climate law
BRUSSELS 30 May 2017. The European Parliament’s environment committee voted today to limit loopholes in the EU’s key climate legislation, preventing European countries from stalling emissions reductions in sectors such as agriculture and transport. EU environment ministers must go further to maximise the low-carbon potential of the law as they prepare to adopt a joint…
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