Launched during a summer of fossil-fuelled climate breakdown marked by heatwaves and wildfires, the European Commission’s carbon market revision backtracks on climate action. The new proposal actively weakens the effectiveness of Europe’s flagship climate policy, and risks undermining the achievement of the EU’s 2040
A civil society coalition launches public ‘Leave fossil fuels behind, not people!’ petition and demands member state action on the first anniversary of missed deadline to apply for Social Climate Fund financing
Carbon Market Watch’s 10-point plan to keep the EU Emissions Trading System on track to serve the climate and society.
A tool that aims to promote and safeguard sustainable development under the UN carbon market offers indigenous peoples and local communities little protection against projects which infringe on their land or violate their human rights. This was the disturbing finding of a joint investigation
Oil and gas interests pollute the carbon crediting rulebook and invest heavily in a marketplace flush with low-quality carbon credits. A new Carbon Market Watch report demonstrates how some of the world’s biggest fossil fuel companies use their oversized leverage to influence major decision-making
Oil and gas interests pollute the carbon crediting rulebook and invest heavily in a marketplace flush with low-quality carbon credits. A new Carbon Market Watch report demonstrates how some of the world’s biggest fossil fuel companies use their oversized leverage to influence major decision-making
Allowing coal-fired power plants to generate carbon credits as a way of financing their early retirement sounds better in theory than it would work in practice if the proposed methodology from Verra were to be implemented. Verra must go back to the drawing board
A review of existing studies finds that there is insufficient evidence to support the hypothesis that corporate investments in the voluntary carbon market increase a company’s climate ambition.
Carbon markets continued to feature prominently and often worryingly at COP30. Carbon Market Watch witnessed a stark contrast between the optimism championed by the many initiatives promoting “high quality” carbon markets and the negotiation rooms where concerted efforts were made to water down Article
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