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Policy Submissions
30 Mar 2021

Carbon Market Watch’s response to the public consultation on the revision of the Industrial Emissions Directive

Carbon Market Watch fully supports the comprehensive feedback provided by the European Environmental Bureau to the revision and welcomes the opportunity to give specific views on how the Industrial Emissions Directive (IED) should be revised to support industrial decarbonisation in a complementary manner to the EU Emission Trading System.   While we support the general direction…
Policy Submissions
12 Feb 2021

Carbon Market Watch’s response to the public consultation on the EU Emissions Trading System (EU ETS) review

Summary The EU Emissions Trading System (EU ETS) covers around 40% of the EU’s greenhouse gas emissions from more than 11,000 installations and airlines.  As part of the EU Green Deal implementation, the scheme will be revised starting in the summer of 2021. The revision is a crucial opportunity to ensure that the sectors covered…
Policy Submissions
18 Dec 2020

Carbon Market Watch response to the Consultation of the Taskforce on Scaling Voluntary Carbon Markets

Summary (updated 21 January 2021) Encouraging the private sector to support climate action in developing countries is a positive objective. Carbon markets could have a role in this if implemented carefully. Markets should be used to channel finance towards impactful projects while taking care to not abusively rely on the achieved emission reductions to justify…
Policy Submissions
3 Dec 2020

Carbon Market Watch response to Inception Impact Assessment on Effort Sharing Regulation (ESR)

We regret that the Commission did not include a policy option that would ensure the current climate policy architecture is maintained in order to raise the emission reductions achieved by the Effort Sharing Regulation (ESR), Emissions Trading Scheme (ETS), and the LULUCF Regulation as three separate but mutually reinforcing policy instruments. The three options presented…
Policy Submissions
3 Dec 2020

Carbon Market Watch response to Inception Impact Assessment on the EU ETS

Key elements for the revision of the EU ETS The upcoming revision of the EU Emission Trading System represents a crucial opportunity to strengthen the Directive and ensure it contributes to the goals of the Paris Agreement.  Carbon Market Watch believes that the upcoming review should include the following elements.  An increase of the Linear…
Policy Submissions
3 Dec 2020

Carbon Market Watch response to Inception Impact Assessment on LULUCF Regulation

Carbon Market Watch (CMW) supports increasing the climate ambition of the LULUCF Regulation so it can promote climate action while providing much-needed co-benefits in other environmental fields (especially biodiversity and restoration of ecosystems). CMW also supports the feedback from Climate Action Network Europe and Fern. Read full response
Policy Submissions
29 Oct 2020

Carbon Market Watch feedback to Gold Standard’s document “Operationalising and scaling post-2020 carbon markets”

Carbon Market Watch welcomes Gold Standard’s vision for the post-2020 voluntary market and supports the idea of developing a new type of claim which would not be used for compensation of greenhouse gas emissions. If carbon credits continue to be used as offsets/compensation, we also support the position that this should only be possible if…
Policy Submissions
21 Oct 2020

Carbon Market Watch response to the UK’s Carbon Emissions Tax Consultation

Carbon Market Watch supports the UK Government’s proposal to continue to price GHG emissions from January 1st, 2021, following the UK’s exit from the EU. We would like to highlight the importance of ensuring that coverage of such a pricing mechanism be at least as extensive as it is under the EU ETS, that prices…
Policy Submissions
21 Oct 2020

Carbon Market Watch response to Verra’s proposal for scaling voluntary carbon markets and avoiding double counting post-2020

Carbon Market Watch welcomes the opportunity to provide feedback on Verra’s proposal. We echo Verra’s recognition that there is a need to differentiate between credits which do or do not meet all the requirements set (or to be set) under the Paris Agreement’s article 6 rules. However, we express concern that Verra’s proposed “labelling” approach…
Policy Submissions
28 Aug 2020

Carbon Market Watch reply to the European Commission’s Inception Impact Assessment for updated rules to the EU ETS aviation coverage

Carbon Market Watch (CMW) welcomes the opportunity to provide feedback to this European Commission Inception Impact Assessment (IIA), and urges the Commission, Parliament, and Council to adopt measures which strengthen the EU’s climate action in the aviation sector, as it currently falls short of the required level of ambition to meet the Paris Agreement’s objective…

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