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15 Mar 2019

First class or economy? – An assessment of credit providers for the aviation offsetting scheme

This briefing was updated on 1 April 2019  Executive summary The Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA), a new carbon market established under the International Civil Aviation Organization (ICAO), aims to compensate the growth in CO2 emissions from international flights above 2020 levels, starting in 2021. ICAO must, therefore, identify which carbon…

Policy Submissions
12 Feb 2019

Comments on the regulatory proposal of Environment and Climate Change Canada for The Output-Based Pricing System regulations under the Greenhouse Gas Pollution Pricing Act

Carbon Market Watch (CMW) welcomes the opportunity to submit comments on the OBPS regulations under the GGPPA which entered into force on June 21, 2018, and would like to formulate comments as below. 1. Carbon leakage and the calculation of the emissions limit We express strong concerns with the decision to revise the starting point of the…

Policy Submissions
8 Dec 2018

Reflection Note on the necessity for stakeholder consultations, avenues for redress, and environmental and social safeguards under Article 6 of the Paris Agreement

Introduction Article 6 of the Paris Agreement creates mechanisms that allow for Parties to engage in cooperative approaches to achieve emission reductions and contribute to the implementation and progressive revision of NDCs. As Parties gather at COP24 to finalize the implementation guidelines, they need to ensure that any mechanism created under Article 6 does not repeat the mistakes of…

3 Dec 2018

Aligning EU Investment and Climate Targets

How the EU Budget can help Member States in reducing emissions Executive Summary The Commission presented proposals relating to the post-2020 EU budget in May and June 2018. The next EU budget spans from 2021 to 2027 and the revenue streams, as well as where the money will be invested, are both topics of discussion…

Policy Submissions
29 Nov 2018

Recommendations for SBSTA49 agenda item 11(b) as it relates to rules, modalities and procedures for the mechanism established by article 6.4 of the Paris Agreement

Prepared for the Subsidiary Body for Scientific and Technological Advice 49th meeting, COP24, Katowice In determining the rules, modalities, and procedures for Article 6.4, it is imperative that Parties learn from past experiences and strive for this mechanism to contribute to greater ambition. Specifically, lessons should be drawn from the Kyoto Protocol’s carbon offsetting mechanisms,…

Policy Submissions
29 Nov 2018

Recommendations for SBSTA49 agenda item 11(a) as it relates to the guidance for cooperative approaches referred to in article 6.2 of the Paris Agreement

Prepared for the Subsidiary Body for Scientific and Technological Advice 49th meeting, COP24, Katowice As part of the Paris Rulebook discussions at COP24, further elaborations are needed on the rules for article 6. Guidance for cooperative approaches under article 6.2 is an important element of these rules, and will need to be determined in a…

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…

Policy Submissions
8 Oct 2018

Future climate and energy policy – a Strategy for long-term EU greenhouse gas emissions reductions

Climate change is happening and without further global action to mitigate it, temperatures will rise within this century well beyond a 2°Celsius compared to pre-industrial times. This will have major impacts on our economies and societies. In order to prevent this, 178 global partners cooperating under the United Nations Framework Convention on Climate Change (UNFCCC) have ratified the…

26 Sep 2018

National Energy and Climate Plans and the transition to carbon-free societies – A civil society guide

Introduction In the coming time, Member States will need to develop National Energy and Climate Plans (NECPs), in collaboration with stakeholders, to show how they plan to meet their 2030 climate and energy commitments. This provides an opportunity for civil society to help shape the key national decisions for the next decade and to ensure that they…

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…