BRUSSELS 18 June 2019. Today, the European Commission published its analysis and country-specific recommendations for the EU Member States on their draft National Energy and Climate Plans (NECPs). Largely confirming findings by LIFE PlanUp, the Commission urges governments to strengthen their plans in order to bridge
This week, UN climate negotiators are meeting in Bonn, Germany, to try and find common ground on the Paris Agreement’s market provisions. There is growing political momentum to move beyond offsetting in global climate policy, but only a handful of countries around the negotiating
Voters put climate crisis firmly on EU agenda Dear friends, I am delighted to share with you a revamped Carbon Market Watch News. I hope you enjoy the new look, and easily find content that most interests you. I also look forward to receiving any
Last weekend’s European Parliament elections made it clear that climate change will be high on the agenda of the incoming EU policymakers. Different forms of carbon taxes will be among the key climate topics. Last weekend, Europeans cast their vote in record numbers,
A year after the UN’s shipping body agreed to cut emissions from the sector by at least 50% by 2050, a meeting of the International Maritime Organisation in London failed to deliver concrete measures to achieve this goal – a course that must be
After over a decade of testing carbon pricing schemes, countries should explore lessons learned and start working on a collective implementation of carbon pricing through the Paris agreement. A new report from the International Monetary Fund (IMF) supports price floors for carbon markets and
First published on Euractiv on 2 May 2019 Latest data shows that the market-based solution alone is not enough to cut carbon pollution from heavy industry in line with the Paris Agreement goals. A new industrial policy mix is needed to ensure Europe is on
BRUSSELS, 8 May 2019. A new analysis of five draft EU energy and climate plans reveals a lack of climate commitment by governments in terms of ambition, concrete sectoral measures and public participation. Tomorrow, EU leaders are meeting in Sibiu, Romania to discuss
Recently, the oil giant Shell has made headlines following its announcement that it would invest $300 million in tree planting projects and offer its clients a chance to buy forestry offsets to achieve “carbon neutral driving”. Sounds good? In reality, this approach is problematic
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