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Briefings
8 Dec 2017

Beyond the EU ETS: Strenghtening Europe’s carbon market through national action

Executive summary In autumn 2017, the EU Member States and the European Parliament agreed on the revision of the EU Emissions Trading System (EU ETS), setting out the scheme’s rules for the 2021-2030 period. The EU ETS aims to put a price on carbon by requiring installations across Europe to surrender allowances reflecting their level…

Policy Submissions
15 Nov 2017

Response to impact assessment of the carbon leakage list for the period 2021-2030

The assessment of the carbon leakage list for the post-2020 period will need to be informed by the performance of the carbon leakage provisions to date. So far, the excessively generous handout of free permits has resulted in over 25 billion euros windfall profits (e.g. the polluter has been paid, rather than having been made…

Letters
8 Nov 2017

Joint NGO statement: Being serious about the Paris Agreement

Stop the ETS funding coal, Start a meaningful carbon price This Agreement […] aims to […] making finance flows consistent with a pathway towards low greenhouse gas emissions and climate-resilient development. Paris Agreement, Article 2(1)c We, the undersigned, urgently appeal to Representatives of European Parliament, Council and the European Commission to ensure that European power…

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…

Briefings
20 Sep 2017

Pricing carbon to achieve the Paris goals

Executive Summary Putting a price on carbon, based on the polluter pays principle, has the potential to be a powerful policy tool to reduce greenhouse gas emissions in the fight against climate change. A carbon price can come in the form of a tax or a cap and trade system. With a tax, the price of polluting…

Briefings
22 Jun 2017

A Fair EU ETS Revision

The EU is currently finalizing the implementation of its 2030 climate framework. This work includes a revision of the EU’s Emissions Trading System (EU ETS), the EU’s flagship climate instrument. The European Parliament (EP) and the Council adopted their positions on the EU ETS revision earlier this year and are currently holding talks to reach an agreement on how to design the system for the 2021-2030 period. 

Briefings
5 Jun 2017

A Clean Fit: The role of the EU ETS in the energy policy landscape

Executive Summary Around the world, governments are establishing carbon pricing systems to put a price-tag on greenhouse gas emissions and incentivize more climate friendly practices. The EU launched its own Emissions Trading System (EU ETS) in 2005. While the ETS is a necessary instrument to decarbonise the power and industry sectors in Europe, experience shows…

Letters
29 May 2017

Open letter to EU environment ministers on ETS funds

Dear Environment Minister, Ahead of the upcoming trilogue meeting on the revision of EU’s Emission Trading System (ETS), the undersigned, representing 30 networks and organizations representing citizens from across Europe, would like to urge you to ensure that the funding mechanisms dedicated to help lower-income Member States transform their energy systems (article 10c and the…

Policy Submissions
4 May 2017

Recommendations for Article 6 of the Paris Agreement

Prepared for the Bonn Climate Change Conference 8 – 18 May 2017 Carbon Market Watch welcomes the opportunity to provide input to the discussions on matters relating to Article 6 of the Paris Agreement. Years of stalled negotiations leading up to Paris Agreement unexpectedly delivered a strong provision for markets in the Agreement’s Article 6,…

Policy Submissions
4 May 2017

Recommendations for the review of the modalities and procedures for the Clean Development Mechanism

Prepared for Subsidiary Body for Implementation, 46th Session, 8-18 May 2017 Carbon Market Watch welcomes the opportunity to provide input to the discussions on the review of the modalities and procedures for the Clean Development Mechanism (CDM) – SBI agenda item 7. While the Clean Development Mechanism plays no role in the Paris Agreement, the ongoing…