This week, UN climate negotiators are meeting in Bonn, Germany, to try and find common ground on the Paris Agreement’s market provisions. There is growing political momentum to move beyond offsetting in global climate policy, but only a handful of countries around the negotiating table are willing to walk the talk. “We can no longer…
Voters put climate crisis firmly on EU agenda Dear friends, I am delighted to share with you a revamped Carbon Market Watch News. I hope you enjoy the new look, and easily find content that most interests you. I also look forward to receiving any feedback or suggestions! Last weekend, EU citizens turned up at the…
A year after the UN’s shipping body agreed to cut emissions from the sector by at least 50% by 2050, a meeting of the International Maritime Organisation in London failed to deliver concrete measures to achieve this goal – a course that must be corrected at the next session. Carbon pricing will play an important…
COP24 closed this evening in Katowice, Poland, more than 24 hours later than initially planned. Despite smooth progress at first, negotiations ended in confusion as it proved impossible to find an agreement within the article 6 negotiations, which work to set up two new carbon markets for the post-2020 period. The text presented to all…
Over the next two weeks more than 22,000 people – including parties, observers, and journalists will arrive to in the little mining city of Katowice (Poland). Guests will be welcomed not only by delicious pierogi (typical Polish dish) and cold temperatures, but above all by a crisp and exhilarating atmosphere. As the eyes of the…
This week, the Intergovernmental Panel on Climate Change (IPCC), a leading climate science body, has published a report on the scientific evidence relating to 1.5C° global warming. The report shows that it is still possible to limit warming to 1.5C° and avoid dangerous climate change. Reaching this goal, however, would require rapid and large-scale climate…
The divide between countries on key elements of the new UN carbon markets have become apparent at the last UNFCCC session which closed last week in Bangkok. Open questions around the transition of old markets and how to ensure that carbon offsets do not water down climate ambition are set to continue during COP24, when major rules of the Paris Rulebook are expected to be finalised in December in Katowice, Poland.
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…
(4-minute read) Dear friends, We are delighted to share with you the very first digital hub edition of the platform which brings you content such as interviews with our network members, academics, and other experts, a space to promote your campaigns, upcoming events, articles, and more. Over the years, we have worked together for justice, human…
Guest article by Soumya Dutta, Beyond Copenhagen collective, India India hosts a big share of climate mitigation projects under the UN’s Clean Development Mechanism (CDM). Many of these projects have blatantly violated the rights of affected communities and stakeholder consultations are carried out rarely if ever, writes Soumya Dutta. The Clean Development Mechanism (CDM) was…
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