News & Press

Press release
By Kaisa Amaral on 15 Sep 2020

EU lawmakers support the expansion of Europe’s carbon market to shipping as global talks are adrift 

BRUSSELS, 15 September 2020. The European Parliament has voted to extend the EU carbon market to cover international shipping, to establish a maritime decarbonisation fund and to set a mandatory reduction target for the carbon intensity of shipping. Carbon Market Watch welcomes the decision as a strong signal towards the UN shipping body that is…

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Press release
By Kaisa Amaral on 7 Jul 2020

Shipping pollution should be covered by Europe’s carbon market – EU lawmakers

BRUSSELS, 7 July 2020.  European Parliament environment committee members have voted to extend the EU carbon market to cover international shipping, to establish a maritime decarbonisation fund and to set a mandatory reduction target for the carbon intensity of shipping. Carbon Market Watch welcomes the decision as the first step towards putting a price on…

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Press release
By Kaisa Amaral on 16 Mar 2020

ICAO decision on aviation carbon market rules a step in the right direction but fails to exclude all junk credits

MONTREAL/BRUSSELS, 14 March 2020. The UN aviation body ICAO’s Council has agreed to recognise carbon offsets from six existing offset programmes for use by airlines under CORSIA, the UN’s new carbon market for aviation. The Council’s 36 member countries also decided to limit the age of credits used as well as the type of projects eligible. However, the total supply of…

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Press release
By Kaisa Amaral on 10 Mar 2020

EU industry strategy fails Green Deal test

BRUSSELS 10 March 2020. The European Commission’s new industrial strategy provides a strong narrative on the need to decarbonise Europe’s industrial sector but fails to put forward concrete measures to drive the transformation and address barriers on the road to climate neutrality. Carbon Market Watch calls for a swift adoption of industrial climate policies including…

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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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Press release
13 Oct 2017

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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Press release
14 Jun 2017

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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Action
7 Jun 2017

#EUESR day of Action

Today, June 7, dozens of NGOs based in different EU Member States are participating in a Day of Action on the Effort Sharing Regulation by sending a letter to their governments, calling on them to push for an ambitious #EUESR. The Effort Sharing Regulation is Europe’s largest policy tool to reduce the climate impact of…

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Press release
30 May 2017

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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