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Policy Submissions
11 May 2021

Carbon Market Watch input to SBSTA on matters related to article 6 of the Paris Agreement

Views on the rapid operationalisation of article 6 This submission is part of a series of submissions responding to the monthly calls from the SBSTA chair covering several aspects of article 6 The operationalisation of Article 6 should guarantee integrity, transparency and inclusiveness. Speed should not undermine the overall objective of contributing to the Paris…

Policy Submissions
19 Apr 2021

Carbon Market Watch input to SBSTA on matters related to article 6 of the Paris Agreement

Share of proceeds for adaptation and avoiding double use of outside NDC A6.4ERs Response to the call for submissions on the above-mentioned topics by the SBSTA chair Summary Financing for Adaptation/Share of Proceeds: A share of proceeds for adaptation should be levied on both 6.2 and 6.4 transactions The share of proceeds for adaptation should…

Policy Submissions
18 Dec 2020

Carbon Market Watch response to the Consultation of the Taskforce on Scaling Voluntary Carbon Markets

Summary (updated 21 January 2021) Encouraging the private sector to support climate action in developing countries is a positive objective. Carbon markets could have a role in this if implemented carefully. Markets should be used to channel finance towards impactful projects while taking care to not abusively rely on the achieved emission reductions to justify…

Policy Submissions
29 Oct 2020

Carbon Market Watch feedback to Gold Standard’s document “Operationalising and scaling post-2020 carbon markets”

Carbon Market Watch welcomes Gold Standard’s vision for the post-2020 voluntary market and supports the idea of developing a new type of claim which would not be used for compensation of greenhouse gas emissions. If carbon credits continue to be used as offsets/compensation, we also support the position that this should only be possible if…

Policy Submissions
21 Oct 2020

Carbon Market Watch response to Verra’s proposal for scaling voluntary carbon markets and avoiding double counting post-2020

Carbon Market Watch welcomes the opportunity to provide feedback on Verra’s proposal. We echo Verra’s recognition that there is a need to differentiate between credits which do or do not meet all the requirements set (or to be set) under the Paris Agreement’s article 6 rules. However, we express concern that Verra’s proposed “labelling” approach…

Policy Submissions
5 Apr 2020

Carbon Market Watch’s feedback to energy taxation directive impact assessment

Carbon Market Watch welcomes the opportunity to provide feedback on the ETD revision. Several aspects of this directive are crucial to set the EU on a  pathway compatible with the Paris Agreement’s objectives. Carbon Market Watch supports the revision of the Directive, in particular with regard to the aim of “aligning taxation of energy products…

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…

Policy Submissions
12 Feb 2019

Comments on the regulatory proposal of Environment and Climate Change Canada for The Output-Based Pricing System regulations under the Greenhouse Gas Pollution Pricing Act

Carbon Market Watch (CMW) welcomes the opportunity to submit comments on the OBPS regulations under the GGPPA which entered into force on June 21, 2018, and would like to formulate comments as below. 1. Carbon leakage and the calculation of the emissions limit We express strong concerns with the decision to revise the starting point of the…

Policy Submissions
29 Nov 2018

Recommendations for SBSTA49 agenda item 11(b) as it relates to rules, modalities and procedures for the mechanism established by article 6.4 of the Paris Agreement

Prepared for the Subsidiary Body for Scientific and Technological Advice 49th meeting, COP24, Katowice In determining the rules, modalities, and procedures for Article 6.4, it is imperative that Parties learn from past experiences and strive for this mechanism to contribute to greater ambition. Specifically, lessons should be drawn from the Kyoto Protocol’s carbon offsetting mechanisms,…

Policy Submissions
29 Nov 2018

Recommendations for SBSTA49 agenda item 11(a) as it relates to the guidance for cooperative approaches referred to in article 6.2 of the Paris Agreement

Prepared for the Subsidiary Body for Scientific and Technological Advice 49th meeting, COP24, Katowice As part of the Paris Rulebook discussions at COP24, further elaborations are needed on the rules for article 6. Guidance for cooperative approaches under article 6.2 is an important element of these rules, and will need to be determined in a…