News & Press

Press release
22 Apr 2016

EU needs to step up domestic climate efforts to deliver on Paris

Brussels 22 April 2016. Today at least 160 countries – and the EU – gather in New York to sign a landmark climate deal with an ambitious target to limit global warming to 1.5°C above preindustrial levels. On this occasion, 23 organisations urge EU leaders to ensure that Europe’s largest climate instrument will be made coherent with the Paris agreement. Other key areas where the EU needs to deliver are the EU Emissions Trading System, and emissions from aviation.

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Opinion
22 Dec 2015

Not everything flies in the COP21 climate treaty: Implications of Paris Treaty on international aviation emissions

Despite spirited support by numerous countries including the EU, Switzerland, Mexico and South Korea, as well as industry, the new Paris climate Agreement does not give a new mandate for deeper reductions to the international aviation and shipping. This keeps the International Civil Aviation Organisation (ICAO) and International Maritime Organisation (IMO) in charge to address emission reductions in both sectors in 2016.

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Carbon Market Watch News
23 Sep 2015

UN launches new platform to offer stranded CDM carbon offsets

As part of the climate week in New York, the UN launched the “Go Climate Neutral Now” initiative- a new online platform to purchase carbon offsets generated by its Clean Development Mechanism (CDM). The initiative attempts to boost demand for CDM credits on the voluntary carbon market and for the aviation sector but fails to dodge the sale of bogus carbon offsets.

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Press release
22 Sep 2015

UN offers new marketplace for stranded carbon offsets

Brussels, 22 September 2015. Today, at the climate week in New York, the UN launched the “Climate Credit Store”- a new online platform to purchase carbon offsets generated by its Clean Development Mechanism (CDM). The initiative attempts to boost demand for CDM credits on the voluntary carbon market and for the aviation sector but fails to dodge the sale of bogus carbon offsets.

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Carbon Market Watch News
25 Feb 2015

European Commission publishes vision on the Paris Protocol to tackle climate change

Today, the European Commission (EC) has published a first glimpse of the mitigation contributions the EU intends to contribute to the Paris Protocol. The Communication launched today entitled “The Paris Protocol – A blueprint for tackling global climate change beyond 2020” includes a proposal for the EU’s proposed Intended Nationally Determined Contribution (INDCs) prepared in…

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Carbon Market Watch News
25 Nov 2014

Keeping the books on emission units

Accounting of emissions will be a cornerstone of a future climate treaty and is hugely important for the integrity of carbon markets as well as keeping us on track to limit global warming below 2°C. Lima will need to lay grounds for a rigorous accounting framework and robust unit quality requirements. It will also need to establish consistency to the ICAO process that is developing a global market based mechanism for aviation emissions.

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Press release
21 Mar 2014

Press Statement: Carbon Market Watch welcomes today’s vote in the European Parliament which rejects a weak deal on aviation emissions trading

19 March 2014, Brussels – Today, the Environment and Public Health Committee (ENVI) in the European Parliament voted against a deal that would have extended the derogation for intercontinental flights from the EU Emissions Trading Scheme. Carbon Market Watch welcomes the rejection of this bad deal for the climate and calls on the Parliament’s plenary to follow suit on 3 April at the plenary vote.

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25 Jul 2013

Credit where credit is due? (Watch This! #6)

By Andrew Coiley, South Asia Project Coordinator, Carbon Market Watch   New figures released by the European Union for its Emissions Trading Scheme (ETS), the world largest emissions trading platform show that quality standards are needed for airlines to stop investments in cheap offset credits that clearly lack environmental integrity. In recent years international aviation…

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