Showing all results

Letters
15 Sep 2020

Joint Letter in support of the ENVI report on the MRV revision

Dear Member of the European Parliament, During the September plenary, you will vote on the revision of the Regulation on monitoring, reporting and verification (MRV) of shipping emissions. This could be the first-ever EU regulation that requires ships to reduce their emissions and to start paying for their carbon emissions. Climate pollution from the shipping…

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…

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…

Letters
12 Sep 2018

Letter: CORSIA & European climate ambition on aviation

Dear Vice-President Šefčovič, Commissioner Bulc, Commissioner Arias Cañete EU aviation emissions increased 96% from 1990 to 2016, and are now 3.6% of EU emissions. These emissions are included in the EU 2030 target, and ambitious action is required to ensure the target is achieved. ICAO’s Carbon Offsetting and Reduction Scheme (CORSIA) for International Aviation is…

Briefings
4 May 2017

Building blocks for a robust Sustainable Development Mechanism

The Paris Agreement marks a new era for international climate action in general, and specifically for international carbon markets. Though the agreement does not mention markets per se, Article 6 paragraph 4 establishes what has become to be known as the Sustainable Development Mechanism (SDM) which builds on and shares some features of the Kyoto flexible mechanisms namely the Clean Development Mechanism (CDM) and Joint Implementation (JI).

Letters
30 Mar 2017

Open letter regarding the use of GCF resources to support large hydropower

The 272 undersigned organizations write to express our significant concern regarding the use of GCF resources to support large hydropower, and, in particular, the following proposals in the GCF’s pipeline: (i) Qairokkum Hydropower Rehabilitation, Tajikistan; (ii) Upper Trishuli-1, Nepal; and (iii) Tina River Hydro Project, Solomon Islands. The GCF can and should help pay for…

Briefings
7 Mar 2017

Addressing aviation emissions under the EU Emissions Trading System

In February 2017, the European Commission presented a legislative proposal regarding coverage of aviation emissions by the EU’s Emissions Trading System (EU ETS). In response to the offsetting agreement reached in the International Civil Aviation Organisation (ICAO) in October of 2016, the Commission proposes to cover only intra-European flights with the EU ETS and to exclude flights entering and leaving Europe.

Briefings
8 Nov 2016

Carbon Markets in the Post Paris World

The Paris Agreement represents a new era for international climate action, including for international carbon markets. Humans have emitted so much into the atmosphere that even if compensated, very little can still be emitted to limit serious consequences of climate change. 2°C of warming would have very negative effects, which is why it is important to swiftly work towards the Paris goal of the 1.5°C limit. If carbon markets are to help work towards this goal, they must work to rapidly increase ambition and guarantee high environmental integrity.

Policy Submissions
4 Nov 2016

Recommendations for appeals against decisions of the Executive Board of the Clean Development Mechanism

Carbon Market Watch welcomes the opportunity to provide input to the discussions on the procedures, mechanisms and institutional arrangements for appeals against decisions of the Executive Board of the Clean Development Mechanism (CDM) – SBI agenda item 7b.

Policy Submissions
4 Nov 2016

Recommendations for APA Items 3, 5 and 6 as they relate to the market-based measure established by ICAO

Carbon Market Watch welcomes the opportunity to provide input to the APA discussions[1] as they relate to the market mechanism agreed in October 2016 at the International Civil Aviation Organization (ICAO) 39th Assembly and adjustments needed to accurately harmonize the climate measure with ongoing work in the UNFCCC.