Brussels, 14 July 2021 – The European Commission’s proposals to improve the EU Emissions Trading System (ETS) and establish a Carbon Border Adjustment Mechanism (CBAM) are not in line with the Paris Agreement and Europe’s historic responsibility to cut emissions. The legislation initiative keeps neglecting the “polluter pays” principle of the EU Treaties and continues…
BRUSSELS, 30 June – A new investigation by Carbon Market Watch and the Latin American Center for Investigative Journalism (CLIP) finds that project developers exploit carbon market rules in Colombia to create more credits than the amount of emission reductions that the projects are achieving. These credits are then used by fossil fuel companies under…
BRUSSELS, 7 June 2021 New analysis shows that the energy-intensive industry across Europe has profited up to €50 billion from 2008 to 2019 as a result of the free allocation of pollution permits under the EU Emissions Trading System (EU ETS). The findings in the report from independent environmental consultancy CE Delft highlight the need…
27 April 2021 – The shipping industry’s leading global lobby group the International Chamber of Shipping (ICS) last week ended its years-long opposition to carbon pricing. It is imperative now that ICS and other sponsors should withdraw their IMRB proposal to allow time for discussion on carbon pricing, and support the far more serious and…
A joint reaction by Carbon Market Watch and the Rainforest Foundation Norway to the announcement of a new coalition to finance forestry climate projects BRUSSELS/OSLO 22 April 2021 In the context of the US President Biden’s “Leaders’ Summit”, today, the US, UK and Norway, together with Amazon, announced a 1 billion USD initiative to purchase…
Joint press release by Carbon Market Watch and Transport&Environment BRUSSELS 29 March 2021. Three of the biggest recipients of airline bailouts – Lufthansa, British Airways and Air France – were the three biggest European airline emitters before the pandemic grounded flights, official data shows.[1] It is the first time ever that the total emissions of…
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…
Carbon Market Watch agenda outlines our priorities and key political milestones for the next months. Click here
When I began to think about a suitable article to pen as my last contribution to this newsletter, the obvious choice was low carbon agriculture. This is of personal interest to me as I switch my focus to sustainable agriculture at my organic farm just outside Salzburg, Austria. We are in the process of transforming…
It’s been dubbed a first of its kind – a new offset deal between Switzerland and Peru under the Paris Agreement. But how ground-breaking is this deal? And has there been any real change from the old offset efforts under the Kyoto Protocol of the past? Because of the postponement of COP26 in Glasgow, rules…
Khaled Diab, Communications Director
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