News & Press

News
By Kelsey Perlman on 12 Jul 2018

Deciphering ICAO negotiations for a climate audience

The latest round of negotiations on aviation’s offsetting scheme finished in ICAO at the end of last month, with crucial rules on offsets and biofuels postponed until the next meeting in mid-September. Long-standing reservations from China and Brazil challenged the enforcement of criteria developed in the UN agency that would restrict low-quality offsets from entering…

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Press release
28 Jun 2018

UN aviation body delays decision on key rules for airline offset scheme

28 June 2018 – BRUSSELS. The International Civil Aviation Organisation (ICAO) Council approved part of the package of rules for its future aviation offsetting scheme (CORSIA) yesterday in Montreal. The Council postponed decisions on offset and biofuel criteria, fueling concerns that they may be weakened before the next Council meeting in September. The 36 member countries…

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News
By Kelsey Perlman on 29 Mar 2018

Offset restrictions needed to avoid crash landing for the aviation pollution scheme

The future aviation offsetting scheme will end up having little impact on the sector’s soaring emissions unless restrictions are applied on what kind of offset credits airlines can purchase, a new study has found. The study, commissioned by the German government, looked at the scenario where all offset credits from the UN’s Clean Development Mechanism…

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News
22 Feb 2018

Carbon Market Watch Newsletter – February 2018

Editorial Europe’s carbon market reform for the next decade is a done deal, but while the EU’s pollution price has increased in recent weeks, prices are well below what’s needed to reach the Paris climate goals. Meaningful and rising carbon floor prices could provide the necessary push to phase out coal and encourage innovation. The Organisation for…

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News
26 Jan 2018

Carbon Market Watch Newsletter – January 2018

Editorial Happy 2018, a pivotal year for stepping up climate action The World Economic Forum’s latest Global Risk Report places climate change as the number one threat facing the world in 2018 – a hot topic at this year’s meeting of world leaders in Davos. Our message to the crowds gathered in the Alpine town:…

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News
30 Nov 2017

Carbon Market Watch Newsletter – November 2017

Editorial The UN’s annual climate talks this year held in Bonn Germany saw moderate progress on implementing the Paris Agreement. However, critical questions on the functioning of future carbon markets remain wide open, making it impossible to assess if they will contribute to the fight against climate change. Meanwhile, the UN’s aviation body is drafting rules for…

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Press release
14 Nov 2017

Obscure aviation climate deal could undermine the Paris Agreement

BONN 14 November 2017. A new Columbia Law School report reveals major shortcomings in how the UN aviation body (ICAO) interprets transparency and public participation requirements. The report’s findings come amidst a closed meeting in Montreal that kick-starts the approval of rules for ICAO’s new carbon offsetting scheme. A separate Carbon Market Watch analysis on…

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News
26 Oct 2017

Carbon Market Watch Newsletter – October 2017

Editorial In less than two weeks, the climate community will gather in Bonn to discuss how to put the landmark Paris climate deal into action. When it comes to markets, rather than rushing to lock in rules that repeat past mistakes, it is important to ensure that future measures truly increase climate action and foster sustainable…

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News
By Kelsey Perlman on 25 Oct 2017

Time for ICAO to open its climate change black box

The United Nations climate conferences bring together governments, academics, civil society, media and many others regularly to discuss climate change in the context of the UN Framework Convention. The next meeting takes place 6-17 November in Bonn. At the same time, behind closed doors without public scrutiny, the UN aviation body meets to decide on…

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