Motivated by a desire to keep down the cost of achieving its climate targets, the EU has failed to rule out the double counting of emissions reductions under its Carbon Removals Certification Framework. By so doing it is undermining established
Despite the wishful thinking of champions of carbon offsetting at COP28, the voluntary carbon market will only play a role in tackling the climate crisis with stricter standards and greater transparency.
The debate on EU industrial subsidies in the face of the US Inflation Reduction Act and against the backdrop of the Emissions Trading System (EU ETS) and Carbon Border Adjustment Mechanism (CBAM) deals raises some uncomfortable questions.
Ahead of the next trilogue between the EU institutions on the Emissions Trading System (EU ETS), scheduled to kick off next week, CMW’s Agnese Ruggiero and WWF’s Camille Maury tackle the misconceptions and bust the myths about the EU’s carbon
The higher carbon prices on the EU’s Emissions Trading System (EU ETS) of the last three months have caused cross-sectoral concern. Many are placing unsubstantiated blame on speculative trading. But with speculation a minor problem at best, is flooding the
As the EU steps up its efforts to introduce a Carbon Border Adjustment Mechanism, it is crucial that policymakers design the CBAM to support deep emission reductions while safeguarding the right of less-privileged countries to develop, writes CMW policy officer
Despite some good elements, the European Commission’s proposed carbon removal strategy leaves the door wide open to offsetting after 2030, which will undermine its ability to reduce emissions, writes Wijnand Stoefs. On 15 December 2021, the European Commission published its
Emissions offsetting has drawn fresh fire from some activists for its patchy human rights and environmental record. At Carbon Market Watch, we are convinced that emissions trading, like it or not, is here to stay and so we must find
EU Climate Law negotiators must keep emission reductions and forest protection as separate targets and agree to cut pollution by 65% over the next ten years. Forests play a vital role as carbon sinks in efforts to avoid catastrophic climate
A recent Carbon Market Watch webinar discussed the upcoming revision of the Industrial Emissions Directive in the framework of the European Green Deal. Achieving the goals of the European Green Deal (EGD) will entail driving down greenhouse gas emissions as
In the race against accelerating global warming, the 2024 Paris Olympics will not get the games past the finish line, our analysis finds. The only solution is to rethink and reform the mega event
Biodiversity markets are meant to channel private sector funding towards schemes that aim to conserve and restore biodiversity. In its current form, the unregulated funding schemes are reminiscent of the voluntary carbon market, which has a track record of supplying poor quality, cheap credits that inadequately transfer funds to the Global South.
The net-zero strategy of Occidental Petroleum (Oxy) relies heavily on unproven carbon removal technologies to camouflage its fossil fuel emissions and those of its customers while expanding its oil and gas production, a new investigation reveals.
Participants at the third meeting of the CO2ol Down campaign took a giant leap towards finalising their proposed amendments to the EU Climate Law and policy recommendations for governing permanent carbon removals in the EU
The body responsible for supervising the new UN carbon market mechanism must abandon the inadequate rules for social and environmental safeguards and return to the drawing board.
Having set the terms of discussion at the first workshop, participants met in person to brainstorm how the EU should govern permanent removals in a safe and sustainable manner
Stay in touch and receive our monthly newsletter, campaign updates, event invites and more.
