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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Watch This! - Civil Society Newsletter
By Wijnand Stoefs on 30 Jun 2020

Dirty Cruise: Time to demand environmental action from shipping

The international shipping sector is also being impacted by the COVID-19 pandemic, and any government response to support this industry should accelerate the pathway to climate neutrality. Shipping accounts for 3% of global greenhouse gas emissions, and this could grow by between 50 and 250% by 2050 if no action is taken. A study from…

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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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Watch This! - Civil Society Newsletter
By Jeppe Bijker (Guest Article) on 12 Dec 2019

Activism on the high seas

Sail to the COP – COP25 from two sides of the Atlantic Ocean Sail to the COP is a think tank and campaign advocating for sustainable travel. The aviation industry, for example,  is a rapidly growing sector that alone is projected to emit more than the Paris Agreement carbon budget in 2050.. To put travel…

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Press release
25 Feb 2015

Media Advisory: Announcement of EU climate pledge for UN climate deal may undermine 40% domestic climate target by 5%

The EU is expected to sign-off on its official international climate pledge – the so called Intended Nationally Determined Contribution (INDC), with an announcement on 6 March at the next meeting of the EU’s Environment Ministers. This announcement will make the EU the first region to flesh out its pledge following the Lima UNFCCC meeting….

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Press release
10 Sep 2012

Press Release: CDM High Level Panel’s recommendations do not deliver

Brussels, 10 Sept, 2012. Today the High-Level Panel for the Clean Development Mechanism (CDM) Policy Dialogue presented its final report with recommendations on how to improve the CDM. The report fails to address some of the fundamental flaws of the CDM, in particular how to address the large oversupply of credits that do not represent…

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Press release
8 Dec 2011

Press Release: Loopholes Undermine Viability of Climate Regime

Durban, South Africa. As countries are negotiating a new global climate regime, a CDM Watch paper released today calls for immediate action to close loopholes in the rules under the current climate regime. The policy brief shows that the flawed rules could easily negate the reduction pledges developed countries have made for 2020 and in the worst case, even undermine a third commitment period.

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Press release
11 Jul 2011

Press Release: Call to ban CDM projects linked to human rights abuses

Brussels. This week the United Nation’s Clean Development Mechanism Executive Board will decide whether to register a controversial carbon offsetting project in Honduras linked to serious human rights abuses. The project has triggered questions on whether credits from carbon offsetting projects that violate human rights should be banned in the European carbon market.

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