Two weeks of negotiations show governments are keen to get global carbon market mechanisms up and running, but much work lies ahead to ensure transparency, environmental integrity and respect for human rights.
Since the European Parliament’s failure to reach an agreement on the comprehensive reform of the EU Emissions Trading System, MEPs have traded recriminations. However, those claiming that the defeated compromise deal was good for the climate are being disingenuous. Our analysis reveals it would
On the occasion of the European Parliament’s vote on the reform of the EU Emissions Trading System, he environment committee had sent a hard-won compromise deal to the plenary, but it got sabotaged there with the reintroduction of amendments from other committees
A new analysis shows the expansion of the scope of the EU’s Emission Trading System (EU ETS) for aviation could bring several environmental and economic benefits without significantly increasing operating costs for airlines.
In an unexpected turn of events in the European Parliament, a watered-down carbon market package was rejected by a majority of MEPs. The review of the EU Emissions Trading System (EU ETS) Directive was referred back to the Environment Committee and will now overlap
The 2022 FIFA World Cup in Qatar has advertised itself as a carbon-neutral tournament. However, a thorough Carbon Market Watch analysis reveals that this claim lacks credibility due to the apparent large-scale underestimation of the event’s emissions and the low quality of the carbon
Negotiators must prioritise human rights, transparency and environmental integrity as they hammer out the framework for carbon markets under Article 6 of the Paris Agreement.
The European Union must hold firm and act now to live up to its commitment to future generations by taking concrete steps to phase out free pollution permits under its Emissions Trading System
Europe’s carbon market – the EU Emissions Trading System (EU ETS) – could deliver up to 53% more emission reductions for aviation in Europe if applied to all departing flights compared to the current plan, and 113% more reduction if extended to both incoming
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