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Letters
10 Apr 2018

Letter: EU must support tackling vested interests at UN climate talks

For the world to reach the necessary ambition to achieve our climate commitments under the Paris Agreement, which would keep average global temperature rises well below 2°C and even 1.5°C, the EU, led by the European Commission, must start supporting efforts to tackle vested interests within the United Nations Framework Convention on Climate Change (UNFCCC). We,…

Policy Submissions
4 Nov 2016

Recommendations for SBSTA Item 11(a) on Land use, land-use change and forestry under Article 3, paragraphs 3 and 4, of the Kyoto Protocol and under the clean development mechanism

Carbon Market Watch welcomes the opportunity to provide input to the SBSTA discussions[1] on land use, land-use change and forestry under Article 3, paragraphs 3 and 4, of the Kyoto Protocol and under the Clean Development Mechanism.

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
25 Nov 2014

Views on the discussions on additional land use, land-use change and forestry activities (LULUCF) and specific alternative approaches to addressing the risk of non-permanence

Carbon Market Watch welcomes the opportunity to provide input on discussions on specific possible additional land use, land-use change and forestry activities and specific alternative approaches to addressing the risk of non-permanence under the Clean Development Mechanism (CDM).

Letters
30 Oct 2013

Open letter to Environment Ministers and delegates of UNFCCC Parties

Subject: Stop carbon markets from undermining mitigation commitments at COP-19 Dear Minister, Dear Delegate, The IPCC´s new report confirms the daunting challenge we face. Without dramatic action now, we will see severe impacts on the lands and waters we all depend upon for survival. 19 years ago the UN’s climate change convention was adopted with the goal…

Policy Submissions
30 May 2013

Carbon Market Watch Recommendations for SB-38, June 2013

It is vital that existing carbon markets are reformed and new ones designed in way that ensures the environmental integrity of carbon market units and their accounting. Carbon Market Watch will be following the intercessional in Bonn and has developed recommendations on the following issues: CDM M&P Reform, Joint Implementation Reforms, Framework for Various Approaches and New Market-based Mechanism.

Policy Submissions
26 Mar 2013

Submission of Views to the Review of the Modalities and Procedures of the Clean Development Mechanism

This submission is to the UNFCCC on Views to the Review of the Modalities and Procedures of the Clean Development Mechanism. We urge Parties to strengthen the social and environmental integrity of the CDM and to address, as a matter of priority, the following issues: Fundamentally reform additionality requirements, Shorten length of crediting periods, Ensure that all CDM Projects uphold human rights, Improve the CDM’s contribution to sustainable development, Strengthened Civil Society Participation in the CDM process, Address conflict of interest of DOEs, Establish a communications channel for case specific matters, Set-up a Grievance Mechanism, and Improve the constitution and conduct of the CDM Executive Board and supporting bodies.