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Briefings
6 Jul 2021

Briefing for ministerial discussions on Article 6 of the Paris Agreement

Introduction: The UK COP Presidency has planned informal ministerial consultations on July 7 and July 12, in order to make progress on Article 6, which is still in stalemate despite recent technical discussions. Ministers have been asked to discuss a set of framing questions on three key sticking points: double counting of emissions, possible transition…

Briefings
30 Jun 2021

Two Shades of Green: How hot air forest credits are being used to avoid carbon taxes in Colombia

Update 1 July: Verra published a statement in response to this report, questioning its findings and accusing it of using flawed methodologies. Our response to Verra is available here. Executive summary The Colombian government adopted a carbon tax of approximately US$5/tCO2e covering fossil fuels in 2016. Companies can avoid paying the tax by purchasing carbon…

Annual reports
27 May 2021

Annual Report 2020

Foreword That 2020 was an exceptional year is to state the obvious, just as terrible human impacts of the Covid-19 pandemic are painfully still continuing in Europe and across the world, however unevenly. It is not to minimise these negative impacts so much as to strengthen our efforts to move towards a genuinely sustainable form…

Briefings
25 Mar 2021

Sailing towards a global carbon price in the maritime industry?

Introduction Discussions and negotiations on carbon pricing for the international maritime sector are starting to pick up steam again at the International Maritime Organisation (IMO). This is an opportunity to finally get urgently needed, meaningful global climate regulation for this international sector. The maritime sector is the last emitting sector globally not to be covered…

Briefings
21 Dec 2020

Industry Covid Climate Lobbying

Since the beginning of the coronavirus pandemic, Carbon Market Watch has been following industry lobbying whereby the health crisis has been used as a pretext to weaken climate legislation. Building on the report “Never Wasting a Crisis: Industry Climate Lobbying During the COVID-19 Pandemic Exposed“, more cases have been collected below. The table above provides…

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…

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…

Annual reports
28 May 2020

Annual Report 2019

Foreword 2019 was an exciting and full year for Carbon Market Watch (CMW). On the wings of the global youth movement asking for better climate protection, the issue of climate change gained prominence it had never achieved before. It was finally brought to the attention of policymakers in a manner that will hopefully be sustained…

Briefings
7 May 2020

Never Wasting a Crisis: Industry Climate Lobbying During the COVID-19 Pandemic Exposed

Summary: This briefing counters industry attempts to use the coronavirus pandemic as a pretext to weaken international, European and national climate and carbon pricing laws. It debunks myths and provides policy recommendations to decision-makers. The examples include large polluters pushing for delays in implementing the EU Green Deal and national climate policies and airlines aiming…

Policy Submissions
24 Apr 2020

Carbon Market Watch’s response to the inception impact assessment on Industrial Emissions Directive revision

Carbon Market Watch fully supports the comprehensive feedback provided by the European Environmental Bureau to the inception impact assessment 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…