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Policy Submissions
24 Jun 2022

CMW’s feedback to the European Commission’s consultation on “Industrial Emissions – EU rules updated”

Carbon Market Watch welcomes the opportunity to provide feedback on the European Commission’s proposal for the revision of the Industrial Emissions Directive. The revision of the Industrial Emissions Directive (IED) represents a huge opportunity to strengthen the directive to ensure it fulfils the objectives of the European Green Deal and effectively addresses the negative impact…

Annual reports
2 Jun 2022

Annual Report 2021

Foreword In many ways, 2021 was a year of pivotal moments that set the stage for CMW’s work to come. In July, the European Commission announced the Fit for 55 package. The CMW team eagerly awaited the press conference, which started with a two-hour delay because some Commissioners had reservations about the package until the…

Policy Submissions
2 May 2022

Carbon Market Watch reply to European Commission public consultation on the certification of carbon removals – EU rules

If done well the Carbon Removal Certification Mechanism (CDR-M) can determine what is actually Carbon Dioxide Removal (CDR) or not, and keep false solutions out of this field. Time and resources are scarce and must be invested in real removals, and not in CCU and temporary storage. These may have climate benefits (by crowding out…

Policy Submissions
1 Feb 2022

Response to Verra’s public consultation on creating a long-term reversal monitoring system

Carbon Market Watch response to Verra’s public consultation on creating a long-term reversal monitoring system for detecting reversals in VCS projects during the post-crediting period.

Policy Submissions
17 Nov 2021

Principles for market-based measures to decarbonise international shipping

Submitted by the Clean Shipping Coalition (of which Carbon Market Watch is a member), this document summarises the key principles that any market-based measure (MBM) agreed at the International Maritime Organisation (IMO) level needs to follow in order for it to be a fair and effective tool for contributing to the decarbonisation of international shipping.

Annual reports
27 May 2021

Annual Report 2020

Foreword That 2020 was an exceptional year is to state the obvious, just as terrible human impacts of the Covid-19 pandemic are painfully still continuing in Europe and across the world, however unevenly. It is not to minimise these negative impacts so much as to strengthen our efforts to move towards a genuinely sustainable form…

Policy Submissions
30 Mar 2021

Carbon Market Watch’s response to the public consultation on the revision of the Industrial Emissions Directive

Carbon Market Watch fully supports the comprehensive feedback provided by the European Environmental Bureau to the revision and welcomes the opportunity to give specific views on how the Industrial Emissions Directive (IED) should be revised to support industrial decarbonisation in a complementary manner to the EU Emission Trading System.   While we support the general direction…

Annual reports
28 May 2020

Annual Report 2019

Foreword 2019 was an exciting and full year for Carbon Market Watch (CMW). On the wings of the global youth movement asking for better climate protection, the issue of climate change gained prominence it had never achieved before. It was finally brought to the attention of policymakers in a manner that will hopefully be sustained…

Policy Submissions
10 Apr 2020

Carbon Market Watch’s feedback on the inception impact assessment on the Carbon Border Adjustment Mechanism

Carbon Market Watch fully supports efforts to price GHG emissions, within and outside the EU.  The EU ETS has been successful for certain sectors, but has failed to incentivise large scale decarbonisation of European industry, in part because of its excessive measures to guard against the hypothetical risk of carbon leakage. Industrial companies have gained…

Policy Submissions
14 Jun 2019

Carbon Market Watch’s briefing note for the June 2019 Bonn UNFCCC session

Dear respected colleague, Ahead of the Bonn Climate Change Conference 17-27 June 2019, Carbon Market Watch is pleased to share our recommendations for Article 6 negotiations. 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…