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Briefings
19 Sep 2019

Avoiding A Carbon Crash: how to phase out coal and strengthen the EU ETS

Executive summary 12 European countries have committed to closing down coal-fired power plants over the coming years. In order to do their part in limiting the global temperature rise to 1.5°C above pre-industrial levels, all EU countries will have to follow on this path and phase out coal by 20301. While this is an urgent…

Briefings
25 Apr 2019

Cracking Europe’s hardest climate nut – How to kick-start the zero-carbon transition of energy-intensive industries?

Executive summary With total greenhouse gas emissions of 708 million tonnes1 per year, resource and energy intensive industry is the third largest climate polluter in Europe2. The cement, chemical, and steel sectors alone are responsible for almost 60% of these emissions. Industrial emissions are regulated under the EU Emission Trading System (ETS), but the numerous…

Letters
31 Aug 2018

Letter to UNFCCC negotiators ahead of BKK intersession

Dear colleague, With the second session of SBSTA 48 opening in Bangkok on Tuesday, Carbon Market Watch would like to share with you the new briefing we have developed entitled “Reconciling CORSIA and the Sustainable Development Mechanism”. This document proposes an innovative and environmentally robust way to integrate the Carbon Offsetting and Reduction Scheme for…

Briefings
31 Aug 2018

Reconciling CORSIA and the Sustainable Development Mechanism

Executive Summary The Paris Agreement breaks away from the division of “developed” vs. “developing” countries which was enshrined in the Kyoto Protocol. It sets a new dynamic which will inevitably impact the next generation of carbon markets. It further sets new objectives for these mechanisms, such as contributing to overall mitigation of global GHG emissions and…

Letters
27 Apr 2018

Carbon Market Watch recommendations for the Bonn Climate Change Conference (SB48)

Dear Respected Colleague, Ahead of the Bonn Climate Change Conference, Carbon Market Watch is pleased to share our recommendations as well as an overview of our upcoming event and recent publications (below). A new direction for the Sustainable Development Mechanism A zero-sum offsetting system is incompatible with the Paris spirit, there is hence no future…

Briefings
8 Dec 2017

Beyond the EU ETS: Strengthening 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…

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
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…