News & Press

News
By Gilles Dufrasne on 24 Jan 2018

Will this be the world’s most significant carbon pricing scheme?

Canada’s new nation-wide carbon pricing strategy is a promising step towards putting a robust price on pollution, but some of the scheme’s technical details such as intensity-based targets cast doubt on its environmental effectiveness. The start of a new year marks the launch of Canada’s nation-wide carbon pricing strategy, which was announced in 2016 as…

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Press release
19 Dec 2017

World moves closer to global pollution pricing as China launches carbon market

BRUSSELS 19 December 2017. The launch of the world’s largest carbon market sends an important political signal of China’s commitment to address climate change. Putting a price on pollution can incentivise the phase-out of fossil fuels, but the existing carbon markets have so far not delivered a high enough price to drive the transition to…

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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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Press release
18 Oct 2017

EU delays climate action for international flights

Updated 19 October to amend the “notes to editors”   BRUSSELS 18 October 2017. Today, the EU Member States together with the European Commission and the European Parliament reached a provisional deal on aviation’s role in the EU carbon market. Lawmakers chose not to make airlines pay more for their pollution and postponed the date to…

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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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Press release
11 Jul 2017

EU lawmakers improve Europe’s aviation pollution rules

11 Jul 2017 BRUSSELS 11 July 2017. Today, the European Parliament’s environment committee voted to include international flights in Europe’s carbon market from 2021 onwards. Lawmakers also took small steps towards making the aviation industry pay more for its massive climate impact. The committee was voting on aviation’s future role under the EU’s Emissions Trading…

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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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