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Briefings
30 Mar 2020

Six lessons from ICAO’s carbon market expert group report

In a recent report, the Technical Advisory Body (TAB) outlines restrictions for the types of carbon offsets that can be used by airlines under the new aviation carbon market CORSIA. The report provides valuable lessons for the Article 6 negotiations under the Paris Agreement. Summary of lessons for the Article 6 negotiations:  Old credits should…

Briefings
10 Mar 2020

A new European Industrial Strategy

Ten top asks from WWF and Carbon Market Watch The EU Industrial Strategy is the first sector-specific plan to be published since the European Green Deal announcement. The Strategy is the opportunity to set the EU economy in the direction of climate neutrality, as proposed under the EU Climate Law. It is a chance to…

Briefings
13 Feb 2020

What will airlines buy to offset their pollution?

TODAY’S SUPPLY OF CARBON CREDITS AND TOMORROW’S DEMAND FROM CORSIA Carbon Market Watch Factsheet Summary The concern that too few credits will be available to meet demand from airlines under the future aviation carbon market CORSIA is misplaced. Today’s supply from the three largest voluntary programmes alone is enough to cover CORSIA’s demand until well…

Letters
13 Feb 2020

ICSA letter to the ICAO Council on CORSIA offset programme eligibility

Dear Council Members, The decisions you make next month on emissions unit and emissions unit program eligibility for ICAO’S Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA) – and the transparency with which you make these – put the credibility of aviation’s climate efforts in the global spotlight. Aviation is facing unprecedented challenges, with…

Briefings
2 Dec 2019

Empty targets? How to avoid trading of hot air under the Paris Agreement

Executive summary A very large number of carbon credits has been created through the three carbon markets of the Kyoto Protocol: the Clean Development Mechanism (CDM), Joint Implementation (JI) and International Emissions Trading (IET). It is unclear what will happen to these mechanisms in the future and whether these old credits will be used under…

Briefings
2 Dec 2019

How to keep hot air out of the Paris Agreement – technical proposal

This document is addressed to Article 6 negotiators and Heads of Delegations at COP25, and proposes a detailed and structured text to address the issues described in the briefing “Empty targets? How to avoid the trading of hot air under the Paris Agreement”. Key numbers from the briefing: ● The potential supply of available CERs…

Policy Submissions
18 Nov 2019

Carbon Market Watch’s briefing note for COP25

Dear respected colleague, Ahead of COP25, Carbon Market Watch is pleased to share our recommendations and recent publications. Strong rules to avoid double-counting of emission reductions There is a significant risk that emission reductions under the Paris Agreement could be counted towards two or more climate commitments which would water down efforts to stop the…

Letters
14 Nov 2019

Letter on transparency to the ICAO Council and the Technical Advisory Body

Letter from the International Coalition for Sustainable Aviation to International Civil Aviation Organisation (ICAO) Council Members and the Technical Advisory Body (TAB) regarding the transparency of the TAB’s offset programme eligibility assessment.  Dear Members of the ICAO Council, Dear Members of the Technical Advisory Body, The decision on which offset programmes should be recognised as…

Policy Submissions
28 Sep 2019

Carbon Market Watch input to public consultation on Horizon Europe

With a proposed budget of 100 billion euro from 2021 to 2027, the Horizon Europe framework programme represents the largest collaborative multinational research and innovation (R&I) investment in Europe. A Strategic Plan will put forward the targeted impacts for the investment in research and innovation and the priorities for the first four years of implementation…

Policy Submissions
6 Sep 2019

Carbon Market Watch’s input to ICAO public consultation on greenhouse gas programs

The International Civil Aviation Organisation (ICAO) invited greenhouse gas programmes (i.e. standards) to apply for assessment against the CORSIA Emissions Unit Criteria (EUC) by the Technical Advisory Body of ICAO. 14 organisations responded to the call. The public was invited to submit comments on the responses to the call for applications, including regarding their alignment…