Europe’s energy-intensive industries need an urgent transformation in order to dramatically reduce their emissions in line with the Paris climate goals. This is far from the reality: EU industrial emissions rose by 2% in 2017 and projections show that they are not expected to decline up to 2030. One of the more challenging elements of…
The way our societies currently measure development and prosperity is strongly biased and incomplete. This leads most individuals and organisations to prioritise polluting activities whose net benefits to society have been artificially increased through the failure to correctly price their social and environmental impacts. The polluter-pays principle is therefore not being implemented, which is akin…
CONTRIBUTION OF THE GLOBAL SHIPPING SECTOR TO ACHIEVING PARIS AGREEMENT CLIMATE OBJECTIVES After a long period of operating exclusively under sail, the shipping industry transitioned first to coal-fired steam engines, and then to fossil-fuelled internal combustion engines. Today the fleet almost exclusively uses large four and two-stroke marine diesel engines, fuelled for the most part…
CONTRIBUTION OF THE GLOBAL AVIATION SECTOR TO ACHIEVING PARIS AGREEMENT CLIMATE OBJECTIVES EXECUTIVE SUMMARY The aviation sector is a top-ten global emitter whose emissions are expected to rise dramatically by mid-century. Under current scenarios, the aviation sector could emit 56 GtCO2 over the period 2016-2050, or one-quarter of the remaining carbon budget. It is critical…
This feedback was submitted to the European Commission, expressing Carbon Market Watch’s views on the inclusion of sectors on the carbon leakage list of the EU Emissions Trading System (EU ETS). The carbon leakage list identifies all sectors which are deemed by the Commission to be at risk of leakage, i.e. the geographical displacement of…
The assessment of the carbon leakage list for the post-2020 period will need to be informed by the performance of the carbon leakage provisions to date. So far, the excessively generous handout of free permits has resulted in over 25 billion euros windfall profits (e.g. the polluter has been paid, rather than having been made…
The current governance and decision-making process of the CAP is a main barrier preventing the current policy from delivering on its objectives. Representing almost 40% of the EU budget, the CAP has to be aligned with the EU’s environmental, climate and development objectives.
Prepared for the Bonn Climate Change Conference 8 – 18 May 2017 International aviation and shipping emissions, referred to as bunkers emissions, are principally dealt with under the UN processes of the International Civil Aviation Organization (ICAO) and the International Maritime Organization (IMO) respectively. However, they also significantly interact with the Paris Agreement. International emissions…
Prepared for the Bonn Climate Change Conference 8 – 18 May 2017 Carbon Market Watch welcomes the opportunity to provide input to the discussions on matters relating to Article 6 of the Paris Agreement. Years of stalled negotiations leading up to Paris Agreement unexpectedly delivered a strong provision for markets in the Agreement’s Article 6,…
Prepared for Subsidiary Body for Implementation, 46th Session, 8-18 May 2017 Carbon Market Watch welcomes the opportunity to provide input to the discussions on the review of the modalities and procedures for the Clean Development Mechanism (CDM) – SBI agenda item 7. While the Clean Development Mechanism plays no role in the Paris Agreement, the ongoing…
Carbon pricing 
International transport 
Climate governance 
Fair climate action