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Policy Submissions
28 Sep 2019

Carbon Market Watch input to public consultation on Horizon Europe

With a proposed budget of 100 billion euro from 2021 to 2027, the Horizon Europe framework programme represents the largest collaborative multinational research and innovation (R&I) investment in Europe. A Strategic Plan will put forward the targeted impacts for the investment in research and innovation and the priorities for the first four years of implementation…

Briefings
22 Dec 2015

Paris outcomes: Carbon Market Watch Analysis of COP 21

From 30 November to 12 December 2015, Parties to the UNFCCC met in Paris to negotiate a new global climate treaty.

The Paris Agreement was a remarkable outcome, especially after the failures of Copenhagen. Almost all involved, including Carbon Market Watch, seemed surprised at how positive the outcome was. However, expectations had been carefully managed in the preceding years, so that aspirations of environmentalists to have a treaty that reflected the scientific reality by dividing up the remaining global carbon budget, had been downplayed into unreality.

Briefings
30 Nov 2015

Report: Using nature to pardon environmental pollution – Risks of agriculture sequestration carbon offsets

Agriculture supports the livelihoods of around a half of the world’s population, but is at the same time a notable source of greenhouse gas emissions (GHGs) driving climate change. As of one the options to tackle emissions in the sector, governments have been discussing to include additional agricultural activities into the Clean Development Mechanism (CDM) under the United Nations Climate Change Convention (UNFCCC) since 2011. Whether agricultural activities should be eligible for carbon offsetting programmes is not only topical within discussions in the UNFCCC but also within certain regional cap-and-trade schemes and discussions to establish a market based mechanism for international aviation emissions, expected to be adopted in October 2016 under the auspices of the International Civil Aviation Organization (ICAO).

Briefings
30 Nov 2015

Policy Brief: Fossil and biological carbon: a tonne is not a tonne

Whether biological carbon credit should be traded in carbon markets is topical, with discussions ongoing in the UNFCCC, ICAO and the California Cap-and-Trade system. To date, compliance markets have rejected the eligibility of biological carbon offsets. They are right to do so. Fossil and biological carbon operate on different parts of the carbon cycle, and on very different timescales. Fossil carbon is permanent; biological carbon is potentially and frequently subject to rapid fluxes, whether natural or manmade. For these reasons, offset credits from REDD+, afforestation and reforestation or other biological systems should not be treated as fungible with fossil carbon, but should instead be addressed through other, appropriate, policy measures.

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.

Policy Submissions
30 Oct 2015

Submission to the Board of the GCF: Lessons learned from the CDM for the approval of GCF’s funding proposals

It is crucial that the decision of the Board of the Green Climate Fund (GCF) to approve the first funding proposals reflect the lessons learned from the previous experience of relevant institutions and climate mechanisms, in order to support high quality proposals that aim to deliver positive impacts for people and their ecosystem. The Clean…

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…

Letters
17 Jun 2015

Letter to Commissioner Arias Cañete in view of European Commission consultation on Land Use, Land Use Change and Forestry (LULUCF)

Dear Commissioner Arias Cañete,
The European Commission has consulted stakeholders about the role the EU’s land and forests should play in its 2030 Climate and Energy Framework. With this letter, the undersigned organisations are registering their views and state that Option 1 (LULUCF pillar), is their preferred option since it is the only one that could uphold the environmental and social integrity of the EU’s target. They call on the EU to have a clear position ahead of Paris on the need for two distinct global goals, one for LULUCF and another for other emissions, including non CO2 emissions from agriculture.

At the European Summit in October 2014, Heads of State agreed that, by 2030, the EU will domestically reduce its emissions by at least 40 per cent compared to 1990. In the run up to the United Nations climate summit in Paris, the EU should continue to show leadership to tackle climate change by upholding the environmental integrity of the ‘at least 40 per cent’ target. We believe that unless the following points are addressed, the EU is at risk not only of backsliding on its ambition and harming its credibility in this crucial year for climate, but it could entail damaging impacts on biodiversity and local communities.