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
Carbon Market Watch agenda outlines our priorities and key political milestones for the next months. Click here
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
Warnings about a shortage of credits under the future aviation carbon market are unfounded. The upcoming decision on what airlines will be able to buy must, therefore, focus on ensuring that only credits from high-quality projects are eligible. It is crunch time again for
New EU state aid guidelines for compensating industry for higher electricity costs under the EU carbon market reduce the number of eligible sectors and limit aid to those investing in energy efficiency. However, if this so far inefficient and expensive scheme is to continue,
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.
The European Commission’s (EC) plan to mobilise more than 1 trillion EUR over the next 10 years to support the EU’s transition to climate neutrality sends a strong signal that the Commission is putting climate action at the centre of its work. It strengthens
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
The failure to agree on robust rules to prevent double-counting at the UN climate change conference puts the UN aviation body in a difficult spot as it defines which programmes will be eligible under the future aviation offsetting scheme. It will be paramount to
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