News & Press

News
By Kaisa Amaral on 6 Nov 2017

Will Europe’s key climate tool become a fossil fuel subsidy scheme?

This week, the UN climate talks continue in Bonn on how to implement the landmark Paris climate change Agreement. At the same time in Brussels, the EU’s Emissions Trading System (EU ETS) revision is drawing to an end. The biggest carbon market in the world, the EU ETS should lead by example, promoting a just…

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News
By Aki Kachi on 25 Oct 2017

On Kyoto, Paris, and carbon markets

In less than two weeks, Parties will meet again in Bonn at a UN climate conference for another round of negotiations to prepare for the adoption of the rules to implement the Paris climate change agreement. What role will markets have in how the world works to limit global warming to 1.5C?   Although observers…

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News
By Kelsey Perlman on 28 Sep 2017

CDM credits not fit to meet Paris goals – study

A recent study by Stockholm Environment Institute (SEI) looking at credits issued under the UN offsetting measure, the Clean Development Mechanism, warns governments against using them to meet their pledges under the Paris Agreement. In the past, when judging the quality of an offsetting project, most people looked at questions such as: is the methodology used to…

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News
By Aki Kachi, Juliane Voigt on 29 Jun 2017

Climate Finance: Retreat should not spell defeat

The US President’s  withdrawal from international efforts to fight climate change casts a shadow over the future of climate finance. Some EU countries, cities and states within the US have already stepped forward, but more is needed from countries around the world to fill the gap.

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News
By Aki Kachi on 31 May 2017

Markets negotiations make little progress in Bonn

Despite the political uncertainties around US’ participation in the Paris Agreement, technical negotiations on how to implement the landmark climate deal, including through carbon markets, continued at the UN Climate Conference earlier this month. While delegations underlined continued commitment to the Paris Agreement goals, little progress was made on the Article 6. Disagreements over the…

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News
By Aki Kachi on 27 Apr 2017

‘Price it right, tax it smart, do it now’ demands the head of IMF

Carbon Market Watch Joins Coalition to Promote Carbon Pricing As climate skeptics in the White House mulled over whether to remain in the Paris Agreement, less than two blocks away on Pennsylvania Avenue, climate change featured prominently in the spring meeting agenda of the World Bank and the IMF. Among the numerous workshops, conferences and…

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News
By Agnes Brandt, Kaisa Amaral on 30 Mar 2017

EU Court ruling on pollution freebies sends strong message ahead of final emissions trading talks

As the EU Emissions Trading System (EU ETS) negotiations enter their final stages for the European Parliament and EU Member States, a recent decision by the EU’s top court against steel giant ArcelorMittal’s claim for additional free carbon credits should come as an important signal to lawmakers for the post-2020 period. Last month, the European Court of Justice confirmed…

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News
By Kelsey Perlman on 22 Mar 2017

Europe must not backslide on aviation’s climate responsibility

The European Parliament’s environment committee has nominated Julie Girling from conservative group ECR to lead talks on aviation’s role in the EU’s Emissions Trading System. Discussing the European Commission’s most recent proposal to continue the exclusion of international flights from the EU ETS, Ms Girling urged colleagues not to let Europe slip back on gains already made to curb the sector’s growing climate impact.

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News
27 Feb 2017

The cost of climate inaction in the agricultural sector

This week key policymakers of the European Parliament discuss the EU’s largest climate instrument. Ahead of the debate, five organizations expose how a loophole in the law could significantly increase the costs of post-2030 climate efforts by delaying the required emission reductions in the agriculture sector. The Effort Sharing Regulation (ESR) covers around 60% of…

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News
By Agnes Brandt on 22 Feb 2017

EU carbon market reform deal: taking stock and moving forward

Last week the European Parliament adopted its position on the revision of the EU’s Emission Trading System (EU ETS) for the 2021-2030 period. Next week, EU environment ministers will try to reach an agreement on the reform deal. Time to take a fresh look at what is on the table, and what is at stake.

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