New EU state aid guidelines for compensating industry for higher electricity costs under the EU carbon market reduce the number of eligible sectors and limit aid to those investing in energy efficiency. However, if this so far inefficient and expensive scheme is to continue, further significant improvements are needed to ensure that it helps Europe…
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%….
The failure to agree on rules for international carbon markets at COP 25 has been a victory for some and a disaster for others. Looking at it pragmatically, it was very much a “disaster averted” outcome since the rules on the table would have legitimised the use of markets riddled with loopholes. Far from ideal,…
The failure to agree on robust rules to prevent double-counting at the UN climate change conference puts the UN aviation body in a difficult spot as it defines which programmes will be eligible under the future aviation offsetting scheme. It will be paramount to guarantee that airlines will only be allowed to use good quality…
Purpose of the position We are seeking an experienced finance officer to cover a maternity leave. The successful candidate will oversee our financial and administrative activities. The position will be held for 4 and half months and will require 3 – 4 working days per week. Duties and Responsibilities Processing of payments Encoding in accounting…
The article was first published in Carbon Markets at COP25 blog on 13th December 2019 Offsetting means that you compensate for your carbon footprint by financing a climate project that supposedly reduces the same amount of pollution that you produce. At first glance, that doesn’t sound so bad. But we are in the middle of…
MADRID 15 DECEMBER 2019 Governments at the UN climate talks (COP 25) postponed decisions on future carbon market rules after no agreement was reached on the most contentious issues such as the fate of old credits and measures to avoid double-counting. Carbon Market Watch commends countries who defended strong carbon market rules and calls on…
The article was first published on Carbon Markets at COP25 blog on 12th December 2019 There is a lot at stake in the UN climate conference in Madrid. If countries agree on bad rules for the future global carbon markets, the world will lock in a system that does nothing to reduce emissions – in…
Welcome to this latest edition of the WT! (Watch This!). In this edition we bring you campaign updates from COP25 in Madrid, Spain and actions from around the globe to sound the alarm bells on the climate crisis. Carbon Markets @ COP25 Negotiations on carbon markets have moved slow – the last remaining items of…
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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