The annual carbon market survey by the financial market data analyst Refinitiv shows high confidence in the European Green Deal in strengthening the EU carbon market. First, the 80 respondents that answered to the questions about EU policies, see the
Carbon removals are again on the negotiating table at COP28 in Dubai. And, again, the text is inadequate.
Emissions Aristocracy of just 30 companies spews out half of the greenhouse gases covered by the European Union’s Emissions Trading System (EU ETS), representing a quarter of the EU’s carbon footprint, a CMW report uncovers.
Article 6 of the Paris Agreement sets out the principles for carbon markets. At COP28, governments will further develop the rules governing these markets.
Carbon Market Watch will be at this year’s climate change conference (COP28) in Dubai to demand, along with civil society allies, that major polluters speed up their decarbonisation and turn back the dial on accelerating global heating.
Today’s vote at the European Parliament paves the way to interinstitutional negotiations on the Carbon Removals Certification Framework. The EU institutions urgently need to hammer out the many imperfections of the CRCF to ensure that carbon removals become an effective climate action tool.
As the world grapples with the grave threat of climate change, the voluntary carbon market (VCM) has emerged as a policy tool in the global effort to reduce greenhouse gas emissions. But what role does sustainable development play in the VCM?
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