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Briefings
31 Jul 2020

Carbon markets 101 – the ultimate guide to global offsetting mechanisms

Introduction This briefing gives an overview of the current discussions under Article 6 of the Paris Agreement which establishes the foundation for market-based climate measures after 2020. It lays out key lessons from the Kyoto Protocol markets, highlights essential issues within the Article 6 negotiations, and provides recommendations on how to solve them. It concludes…

Briefings
7 Jul 2020

Cleaning up industry: why the EU’s strategy isn’t enough yet

Summary The new EU Industrial Strategy, released by the European Commission on 10 March 2020 as part of a larger industrial package, is the first sector-specific plan to be published since the European Green Deal was announced. It is an opportunity to put the EU economy on track towards climate neutrality, and put climate action…

Briefings
31 Mar 2020

Carbon Border Adjustments: Climate Protection or Climate Protectionism?

Pricing greenhouse gas emissions is one of the most important tools to decarbonise economies, and it has been implemented in the EU since 2005 through the EU Emissions Trading System (ETS). As part of this policy, the heavy industry benefits from large exemptions and receives nearly all of its allowances (i.e. pollution permits) for free….

Letters
29 Oct 2018

Open letter to ICAO council representatives & national delegates on ending the Clean Development Mechanism

Dear ICAO Council representatives and national delegates, The Paris Agreement adopted in 2015 marked a groundbreaking evolution in the global ambition to fight climate change. It also makes clear that a radical shift is required to move beyond the Clean Development Mechanism (CDM). We, representing 61 organizations from around the world, are therefore calling upon…

Briefings
29 Oct 2018

The Clean Development Mechanism: Local Impacts of a Global System

Executive Summary The Clean Development Mechanism (CDM) was set up under the 1997 Kyoto Protocol to allow developed countries to buy emissions reductions from developing countries in the form of credits, called Certified Emissions Reductions (CERs). The objectives of the CDM are to help developed countries achieve their climate commitment and to assist developing countries in achieving sustainable…

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…

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…

Letters
23 Feb 2017

Open letter to UN Special Rapporteurs: request to carry an on-site visit to assess situation regarding Barro Blanco

Dear Special Rapporteurs, We, the undersigned organisations, want to draw your attention on the worrying situation faced by the local communities affected by the Barro Blanco hydroelectric dam located in the Ngäbe-Bugle Comarca (autonomous territory), in Western Panama, and kindly ask you to carry out an on-site visit in order to meet with the communities…