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Briefings
30 Jun 2021

Two Shades of Green: How hot air forest credits are being used to avoid carbon taxes in Colombia

Update 1 July: Verra published a statement in response to this report, questioning its findings and accusing it of using flawed methodologies. Our response to Verra is available here. Executive summary The Colombian government adopted a carbon tax of approximately US$5/tCO2e covering fossil fuels in 2016. Companies can avoid paying the tax by purchasing carbon…

Letters
31 Aug 2018

Letter to UNFCCC negotiators ahead of BKK intersession

Dear colleague, With the second session of SBSTA 48 opening in Bangkok on Tuesday, Carbon Market Watch would like to share with you the new briefing we have developed entitled “Reconciling CORSIA and the Sustainable Development Mechanism”. This document proposes an innovative and environmentally robust way to integrate the Carbon Offsetting and Reduction Scheme for…

Briefings
31 Aug 2018

Reconciling CORSIA and the Sustainable Development Mechanism

Executive Summary The Paris Agreement breaks away from the division of “developed” vs. “developing” countries which was enshrined in the Kyoto Protocol. It sets a new dynamic which will inevitably impact the next generation of carbon markets. It further sets new objectives for these mechanisms, such as contributing to overall mitigation of global GHG emissions and…

Letters
23 Jul 2018

Letter to EU Commissioners on human rights and climate finance

To Vice-President Valdis Dombrovskis To President Jean-Claude Juncker;  Vice-President Jyrki Katainen; Director-General Olivier Guersent and Head of Unit Martin Spolc. Dear Vice-President Dombrovskis, We warmly thank you for your response to our letter of 22 March 2018, titled “On a Human Rights Mandate for the Technical Expert Group on Sustainable Finance” 1, and welcome the…

Letters
3 Nov 2017

Carbon Market Watch recommendations for COP23

Dear Respected Colleague, Carbon Market Watch is pleased to share our SBSTA, SBI, and APA recommendations as well as an overview of our upcoming events and recent publications (below). Phase out Clean Development Mechanism (CDM) To reach the objectives of the Paris Agreement, it is essential to learn from past experience avoid the mistakes made with…

Letters
4 Mar 2016

Open letter to EU Officials on Human Rights

We are writing on behalf of the undersigned organisations and members of the Human Rights and Climate Change Working Group[1], in advance of the UNFCCC Conference of the State Parties in Paris from November 30-December 11, 2015.

Briefings
20 Nov 2015

Recommendations related to the role of carbon markets in the Paris Agreement

Only very few countries have outlined in their Intended Nationally Determined Contributions (INDCs) that they will use international trading as a means to help achieve their climate goals. However, despite the limited role of markets expressed by most industrialised countries in their INDCs, such as the EU and the US, the political reality regarding domestic carbon pricing schemes looks different: jurisdictions responsible for 40% of the global economy have already implemented carbon pricing mechanisms.

Briefings
7 Nov 2015

Report of the 11th Board meeting of the Green Climate Fund (GCF) Board

Between 2-5 November 2015, the 11th meeting of the Green Climate Fund (GCF) Board was held in Livingstone, Zambia. This meeting was a landmark for the GCF as for the first time the Board considered actual funding proposals to be approved and funded by the GCF.

Briefings
17 Jul 2015

WEBINAR REPORT: ”What are NAMAs and how can civil society organisations benefit from them?” – 8 July 2015

As a part of capacity building work on NAMAs, Carbon Market Watch organized a webinar on NAMAs and how civil society can contribute to and benefit from the process. The aim of the webinar was to build understanding among the civil society organisations (CSOs) on the functioning of NAMAs and the significance of public participation for accountability of NAMA actions. The speakers included representatives of civil society and United Nations Development Program (UNDP), who are developing and implementing NAMAs on the ground. During the webinar two case studies were presented – from Mexican and Georgian NAMAs – which highlighted the opportunities for and challenges from civil society engagement on the ground.

Briefings
15 Jul 2015

Report on 10th Meeting of the Green Climate Fund (GCF) Board

6-9 July 2015, Songdo, Korea Summary 6-9 July 2015, the 10th meeting of the Green Climate Fund (GCF) Board was held in Songdo, Korea. 36 Board and Alternate Board members gathered along with a number of observers to discuss 32 agenda items. The meeting was the last one before the first concrete funding proposals will…