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Policy Submissions
3 Dec 2020

Carbon Market Watch response to Inception Impact Assessment on Effort Sharing Regulation (ESR)

We regret that the Commission did not include a policy option that would ensure the current climate policy architecture is maintained in order to raise the emission reductions achieved by the Effort Sharing Regulation (ESR), Emissions Trading Scheme (ETS), and the LULUCF Regulation as three separate but mutually reinforcing policy instruments. The three options presented…

Policy Submissions
3 Dec 2020

Carbon Market Watch response to Inception Impact Assessment on the EU ETS

Key elements for the revision of the EU ETS The upcoming revision of the EU Emission Trading System represents a crucial opportunity to strengthen the Directive and ensure it contributes to the goals of the Paris Agreement.  Carbon Market Watch believes that the upcoming review should include the following elements.  An increase of the Linear…

Policy Submissions
3 Dec 2020

Carbon Market Watch response to Inception Impact Assessment on LULUCF Regulation

Carbon Market Watch (CMW) supports increasing the climate ambition of the LULUCF Regulation so it can promote climate action while providing much-needed co-benefits in other environmental fields (especially biodiversity and restoration of ecosystems). CMW also supports the feedback from Climate Action Network Europe and Fern. Read full response

Briefings
24 Nov 2020

Carbon markets and agriculture – why offsetting is putting us on the wrong track

A joint briefing by Carbon Market Watch, Secours Catholique, CCFD – Terre Solidaire and Institute for Agriculture & Trade Policy (IATP) Executive summary Climate mitigation projects in the agriculture sector, particularly those focused on storing carbon in soils, are increasingly being tied to carbon markets. But the impact of these initiatives is highly questionable. First,…

Briefings
29 Oct 2020

10 Key Principles for a Carbon Border Adjustment Measure (CBAM)

With more information on the design options that the European Commission is considering for a Carbon Border Adjustment Measure (CBAM) and slightly more clarity on the different options available, Carbon Market Watch has updated its position and refined the key principles originally presented in the briefing “Carbon Border Adjustments: Climate Protection or Climate Protectionism?” published…

Letters
15 Sep 2020

Joint Letter in support of the ENVI report on the MRV revision

Dear Member of the European Parliament, During the September plenary, you will vote on the revision of the Regulation on monitoring, reporting and verification (MRV) of shipping emissions. This could be the first-ever EU regulation that requires ships to reduce their emissions and to start paying for their carbon emissions. Climate pollution from the shipping…

Policy Submissions
28 Aug 2020

Carbon Market Watch reply to the European Commission’s Inception Impact Assessment for updated rules to the EU ETS aviation coverage

Carbon Market Watch (CMW) welcomes the opportunity to provide feedback to this European Commission Inception Impact Assessment (IIA), and urges the Commission, Parliament, and Council to adopt measures which strengthen the EU’s climate action in the aviation sector, as it currently falls short of the required level of ambition to meet the Paris Agreement’s objective…

Briefings
31 Jul 2020

Carbon markets 101 – the ultimate guide to global offsetting mechanisms

Introduction This briefing gives an overview of the current discussions under Article 6 of the Paris Agreement which establishes the foundation for market-based climate measures after 2020. It lays out key lessons from the Kyoto Protocol markets, highlights essential issues within the Article 6 negotiations, and provides recommendations on how to solve them. It concludes…

Letters
2 Jul 2020

Joint letter on the ETS Innovation Fund

Dear Mr. Runge-Metzger, Mr. Holzleitner, Mr. Doubrava, Ms. Velkova, Financial support and investments for industry to innovate and deploy clean breakthrough technologies is crucial for the EU to achieve the objective of climate neutrality before 2050 and succeed in the fight against climate change. The ETS Innovation Fund represents a step in the right direction…

Briefings
30 Jun 2020

A New Industry Framework For Achieving the EU Green Deal ‘Zero Pollution’ Goal

Industrial Emissions Directive and climate action: key elements for a review Executive summary Under the EU Green Deal, the European Union is committed to reaching climate neutrality by 2050. A clean industrial transformation is urgently needed to achieve this goal. This paper proposes changes to the current industrial policy framework to ensure that the existing…