Despite severely over-supplied carbon markets and missing mitigation commitments by countries around the world to set the world on a low-emission pathway, countries are developing a work programme to implement New Market Mechanisms and a so called Framework for Various Approaches. Needless to say,
Joint Implementation (JI) offsets account for one third of all Kyoto carbon offsets that have been issued to date. Despite the fact that JI has been marred by a lack of transparency and a glut of credits with very questionable environmental integrity, they continue
Publications Press Releases Press Statement: Aviation ETS vote in ENVI Committee (26.02.2013) Press Statement: Carbon Market Watch view on ‘backloading’ proposal (19.02.2013) Policy Briefs and Studies Policy Brief: Doha decisions on the Kyoto surplus explained (04.03.2013) ICAO briefing note: Carbon Offsetting – Do’s and
Although the back-loading plan was meant to be a small intervention to prop up carbon prices, the last seven months of heated debates make this a ‘make or break’ deal. This past week, the Environment Committee in the European Parliament voted in favour of
Forests play a vital role in mitigating climate change and are crucial in the struggle for sustainable development. Not only do they have a fundamental role in the preservation of global ecological systems, they are especially important for supporting the lives and livelihoods of
This year is a crucial one for countries to finally address emissions from international aviation, which is responsible for 4.9% of man-made global warming. The Kyoto Protocol requires Parties to find solutions to mitigate emissions from aviation by working through the International Civil Aviation
During the 7th Conference of the Parties (COP-7) held in Marrakesh in 2001, Parties to the Kyoto Protocol decided to review the modalities and procedures of the Clean Development Mechanism (CDM) and agree upon a revised set of rules at COP-19. Although the political
A real hot issue in Doha at COP18 was how countries would deal with the 13 billion left over emission permits from the first Kyoto commitment period. After tense negotiations, countries decided to restrict how much of this surplus can be used for compliance
Brussels, 26 February 2013. Today, the European Parliament’s Environment Committee voted in support of the EU Commission’s “Stop-the-Clock” proposal which derogates flights to and from Europe from the EU Emissions Trading Scheme (EU ETS) for one year to give enough time to negotiate a
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