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Policy Submissions
24 Jun 2022

CMW’s feedback to the European Commission’s consultation on “Industrial Emissions – EU rules updated”

Carbon Market Watch welcomes the opportunity to provide feedback on the European Commission’s proposal for the revision of the Industrial Emissions Directive. The revision of the Industrial Emissions Directive (IED) represents a huge opportunity to strengthen the directive to ensure it fulfils the objectives of the European Green Deal and effectively addresses the negative impact…

Policy Submissions
27 May 2022

Carbon Market Watch recommendations to Article 6 negotiators for SB 56

This note presents recommendations on key points1 in Articles 6.2 and 6.4 up for negotiation during the UNFCCC’s 56th session of the subsidiary bodies (SB 56) from 6 to 16 June 2022 in Bonn, Germany. As a general note, while the main rules for the operation of market mechanisms in the Paris Agreement were agreed…

Policy Submissions
27 May 2022

Carbon Market Watch recommendations to Article 6 negotiators on removals

This note presents recommendations for consideration by Article 6 negotiators during the UNFCCC’s 56th session of the subsidiary bodies (SB 56) and beyond. The recommendations concern removals and permanence in the context of the Article 6.2 and 6.4 mechanisms. It is expected that this first set of recommendations will be further elaborated depending on how…

Policy Submissions
27 May 2022

Carbon Market Watch recommendations on establishing an independent grievance body under Article 6 of the Paris Agreement

This note presents recommendations for consideration by Article 6 negotiators during the UNFCCC’s 56th session of the subsidiary bodies (SB 56) and beyond. The recommendations concern the establishment of an independent grievance body under Article 6. It is expected that this first set of recommendations will be further elaborated depending on how negotiations advance.

Policy Submissions
2 May 2022

Carbon Market Watch reply to European Commission public consultation on the certification of carbon removals – EU rules

If done well the Carbon Removal Certification Mechanism (CDR-M) can determine what is actually Carbon Dioxide Removal (CDR) or not, and keep false solutions out of this field. Time and resources are scarce and must be invested in real removals, and not in CCU and temporary storage. These may have climate benefits (by crowding out…

Policy Submissions
30 Mar 2022

Carbon Market Watch recommendations on carbon market infrastructure for Article 6 of the Paris Agreement

This note aims to inform countries and negotiators discussing the establishment of new infrastructure under Article 6 of the Paris Agreement regarding existing shortcomings of registries and project databases that should be improved. It can also serve voluntary market actors, in particular programmes, to improve their existing platforms and remedy some of the shortcomings identified….

Policy Submissions
13 Dec 2021

Joint NGO statement on the Carbon Border Adjustment Mechanism

Societies and businesses face increasing uncertainty due to more frequent and intense extreme weather events, instability in global energy and commodity markets, and unclear climate commitments by key international partners. The European Green Deal potentially provides a broad and strong suite of policy tools that have the power to create the necessary stability and certainty…

Policy Submissions
25 Nov 2021

Analysis and suggested amendments to the European Commission’s revised proposal for the EU ETS for aviation

The European Commission’s proposed revision of the EU’s Emissions Trading System for aviation and implementation of the Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA) lays out the groundwork for the welcome phasing out of free allocation. However, it fails to uphold, let alone strengthen, carbon pricing for the aviation sector by prioritising the risky and ineffective implementation of CORSIA over a full-scope inclusion of flights under the EU ETS.

Policy Submissions
17 Nov 2021

Principles for market-based measures to decarbonise international shipping

Submitted by the Clean Shipping Coalition (of which Carbon Market Watch is a member), this document summarises the key principles that any market-based measure (MBM) agreed at the International Maritime Organisation (IMO) level needs to follow in order for it to be a fair and effective tool for contributing to the decarbonisation of international shipping.

Policy Submissions
17 Nov 2021

Carbon Market Watch’s response to the public consultation on the European Commission’s proposal for a Carbon Border Adjustment Mechanism

The Carbon Border Adjustment Mechanism (CBAM) could offer a better hope of decarbonisation in energy-intensive industries than free allowances, and could create a first-mover advantage for EU industry in the global race to decarbonisation. However, this will only be possible if this tool is designed to provide real incentives for industries within and outside Europe…