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Letters
7 Jun 2022

Urgent call to veto Commission proposal on releasing allowances from the market stability reserve to finance REPowerEU measures

We write to MEPs to express our grave concern about the European Commission’s proposal to generate EUR 20 billion from the auctioning of allowances held in the Market Stability Reserve (MSR) of the EU Emissions Trading System (ETS) in order to finance measures under the REPowerEU plan, including gas and oil infrastructure. Together with our…

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
27 May 2022

Carbon Market Watch recommendations to Article 6 negotiators for SB 56

This note presents recommendations on key points1 in Articles 6.2 and 6.4 up for negotiation during the UNFCCC’s 56th session of the subsidiary bodies (SB 56) from 6 to 16 June 2022 in Bonn, Germany. As a general note, while the main rules for the operation of market mechanisms in the Paris Agreement were agreed…

Policy Submissions
27 May 2022

Carbon Market Watch recommendations to Article 6 negotiators on removals

This note presents recommendations for consideration by Article 6 negotiators during the UNFCCC’s 56th session of the subsidiary bodies (SB 56) and beyond. The recommendations concern removals and permanence in the context of the Article 6.2 and 6.4 mechanisms. It is expected that this first set of recommendations will be further elaborated depending on how…

Policy Submissions
27 May 2022

Carbon Market Watch recommendations on establishing an independent grievance body under Article 6 of the Paris Agreement

This note presents recommendations for consideration by Article 6 negotiators during the UNFCCC’s 56th session of the subsidiary bodies (SB 56) and beyond. The recommendations concern the establishment of an independent grievance body under Article 6. It is expected that this first set of recommendations will be further elaborated depending on how negotiations advance.

Policy Submissions
30 Mar 2022

Carbon Market Watch recommendations on carbon market infrastructure for Article 6 of the Paris Agreement

This note aims to inform countries and negotiators discussing the establishment of new infrastructure under Article 6 of the Paris Agreement regarding existing shortcomings of registries and project databases that should be improved. It can also serve voluntary market actors, in particular programmes, to improve their existing platforms and remedy some of the shortcomings identified….

Investigation
7 Feb 2022

Corporate Climate Responsibility Monitor

The Corporate Climate Responsibility Monitor evaluates the transparency and integrity of companies’ climate pledges. Companies around the world are increasingly alert to the climate emergency. They face calls from a growing range of stakeholders to take responsibility for the impact of their activities. Most large companies now have public climate strategies and targets, many of…

Letters
1 Dec 2021

Open letter to the European Commission on sustainable carbon cycles

The anticipated Sustainable Carbon Cycles Communication has significant merits but risks seriously undermining its own declared purpose of climate ambition.

Briefings
7 May 2020

Never Wasting a Crisis: Industry Climate Lobbying During the COVID-19 Pandemic Exposed

Summary: This briefing counters industry attempts to use the coronavirus pandemic as a pretext to weaken international, European and national climate and carbon pricing laws. It debunks myths and provides policy recommendations to decision-makers. The examples include large polluters pushing for delays in implementing the EU Green Deal and national climate policies and airlines aiming…

Policy Submissions
24 Apr 2020

Carbon Market Watch’s response to the inception impact assessment on Industrial Emissions Directive revision

Carbon Market Watch fully supports the comprehensive feedback provided by the European Environmental Bureau to the inception impact assessment 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…