News & Press

Press release
By Kaisa Amaral on 17 Sep 2020

EU Commission’s climate plan two steps forward, one step back

BRUSSELS 17 September 2020. The European Commission’s 2030 Climate Target Plan reiterates positive elements from the European Green Deal such as strengthening the EU carbon market and reducing free pollution permits to airlines. But the plan to rely on carbon sinks to reach the target waters down the overall ambitious plan and needs to be…

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Opinion
By Wijnand Stoefs on 25 Jun 2020

Towards more sustainable and transparent investments?

New European reporting guidelines would make it mandatory for large companies to disclose the climate impact of their activities as well as how they plan to mitigate it. This would bring more clarity for consumers, taxpayers and investors alike on how their money is spent and therefore lead to more sustainable investments.   The European Commission…

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Opinion
By Kaisa Amaral on 24 Jun 2020

More climate action through better planning

This article is a summary of an interview published on the European Commission website 15 June 2020 Stopping the climate crisis will require us to substantially cut carbon emissions across all sectors of the economy, as well as to rapidly transition to a zero-carbon energy mix. To this end, European Union member states need to…

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Opinion
By Sabine Frank on 23 Jun 2020

The EU Emission Trading System – carbon pricing as an important tool to achieve the objectives of the Green Deal

First published in ECA Journal 02/2020: Climate Change and Audit By Sabine Frank, Executive Director, Carbon Market Watch In a world that is increasingly feeling the consequences of climate change, the idea of polluters paying for their pollution makes more and more sense. The EU’s Emission Trading System (ETS) reflects exactly that thought and is…

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Opinion
By Kaisa Amaral on 19 Jun 2020

“Conservative” EU carbon market alone will not drive the clean industrial revolution

Carbon Market Watch webinar discussed opportunities and barriers to the decarbonisation of cement and steel sectors Europe will not become climate neutral without decarbonising its heavy industry. Technical solutions to achieve deep emission cuts in sectors such as steel and cement exist, but strengthening the EU carbon market and implementing a smart mix of policy…

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Opinion
By Wijnand Stoefs on 28 May 2020

The EU to improve its carbon market rules despite corona – survey

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 EU emissions trading system (EU ETS) as the most important tool for reducing greenhouse gas…

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Opinion
By Kaisa Amaral on 14 May 2020

Lead EU lawmaker’s strong call for climate action

4 key takeaways from MEP Guteland’s draft EU Climate Law report The lawmaker in charge of the EU Climate Law at the European Parliament proposes that the EU adopts a 65% emission target for 2030 and carbon budgets in line with the latest scientific data. She also calls on all EU governments to endorse the…

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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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Opinion
By Wijnand Stoefs on 23 Jan 2020

EU starts taking just transition seriously

The European Commission’s (EC) plan to mobilise more than 1 trillion EUR over the next 10 years to support the EU’s transition to climate neutrality sends a strong signal that the Commission is putting climate action at the centre of its work. It strengthens the case for raising the EU’s 2030 climate target to 65%….

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Opinion
By Gilles Dufrasne on 24 Jul 2018

Green finance must be people-friendly

Today, civil society organisations have sent out a letter to leaders of the European Commission to call on them to adopt financial investment rules which will benefit both the people and the environment. The letter is part of a wider effort from civil society to make sure that “sustainable” finance does not end up harming people…

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