News & Press
By Wijnand Stoefs on 28 May 2020
The EU to improve its carbon market rules despite corona – survey
The annual carbon market survey by the financial market data analyst Refinitiv shows high confidence in the European Green Deal in strengthening the EU carbon market. First, the 80 respondents that answered to the questions about EU policies, see the EU emissions trading system (EU ETS) as the most important tool for reducing greenhouse gas…
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By Kaisa Amaral on 14 May 2020
Lead EU lawmaker’s strong call for climate action
4 key takeaways from MEP Guteland’s draft EU Climate Law report The lawmaker in charge of the EU Climate Law at the European Parliament proposes that the EU adopts a 65% emission target for 2030 and carbon budgets in line with the latest scientific data. She also calls on all EU governments to endorse the…
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By Gilles Dufrasne on 1 Apr 2020
ICAO’s carbon market report offers valuable lessons for Article 6 talks
This opinion article was first published in Carbon Pulse on March 30, 2020 As part of the work to establish an international carbon market for aviation, CORSIA, a group of experts recently recommended restrictions for the types of carbon offsets that can and cannot be used by airlines. These restrictions were adopted by the UN aviation…
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By Kaisa Amaral on 28 Feb 2020
Carbon Market Watch Newsletter – February 2020
International transport can no longer dodge climate responsibility Dear friends, Two important climate meetings – on international aviation and shipping – will take place in March. International transport is not included in countries’ national climate pledges under the Paris Agreement. The task to address the massive climate impact of these sectors lies with the responsible UN…
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By Wijnand Stoefs on 27 Feb 2020
High time the maritime sector sailed into the EU carbon market
The EU is considering putting a price on carbon pollution from ships in the absence of movement in the international talks. While not enough to curb the sector’s soaring emissions, bringing it under Europe’s carbon market would be a big step in the right direction. Right now finding the solutions to cut greenhouse gas (GHG)…
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By Kaisa Amaral on 31 Jan 2020
Carbon Market Watch Newsletter – January 2020
The year of climate ambition Dear friends, One year from now, the landmark Paris Agreement will have entered into force and before that, governments should have announced higher climate pledges to put the world on track to limit global temperature rise to 1.5 degrees. 2020 has already been dubbed as the year of climate ambition…
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By Gilles Dufrasne on 20 Jan 2020
International carbon markets at the frontier to the wild west
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,…
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By Kaisa Amaral on 16 Dec 2019
OMGE (?!) – or how carbon markets must reduce emissions instead of shifting pollution around
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…
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By Kaisa Amaral on 13 Dec 2019
Do you want to solve the climate crisis – or do you want to cheat?
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…
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By Kaisa Amaral on 5 Dec 2019
4 reasons why only new, good (!) projects should be funded under Article 6
Originally published in Carbon Markets at COP25 blog on 2 December 2019 Starting today and continuing over the coming days, we’ll break the issue down into four key elements that could make or break the future carbon market schemes. One of the thorniest issues is the question of whether or not the old credits from…
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