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Policy Submissions
11 Mar 2020

Carbon Market Watch input to public consultation on draft ETS state aid guidelines

Given that there is as yet no hard evidence of carbon leakage caused by indirect costs passed through by power companies, Carbon Market Watch cannot support using taxpayer money to protect the industry from an unproven “carbon leakage risk”. Indirect cost compensation, coupled with free allocation of emission allowances, undermines the polluter pays principle and…

Policy Submissions
14 Jun 2019

Carbon Market Watch’s briefing note for the June 2019 Bonn UNFCCC session

Dear respected colleague, Ahead of the Bonn Climate Change Conference 17-27 June 2019, Carbon Market Watch is pleased to share our recommendations for Article 6 negotiations. Strong rules to avoid double-counting of emission reductions There is a significant risk that emission reductions under the Paris Agreement could be counted towards two or more climate commitments…

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…

Policy Submissions
27 Apr 2018

Recommendations for the Article 6.4 of the Paris Agreement

Prepared for the Bonn Climate Change Conference 30 April – 10 May 2018 In elaborating the rules, modalities, and procedures for Article 6.4, it is imperative that Parties learn from past experiences with the Kyoto Protocol’s carbon offsetting mechanisms Clean Development Mechanism (CDM) and Joint Implementation (JI), and integrate provisions to ensure environmental integrity, foster…

Policy Submissions
10 Apr 2018

Carbon Market Watch’s response to the public consultation on the EU ETS Innovation Fund

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…

Policy Submissions
31 Jan 2018

Submission on methodology to determine the list of sectors and subsectors deemed exposed to a significant risk of carbon leakage

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…

Policy Submissions
15 Nov 2017

Response to impact assessment of the carbon leakage list for the period 2021-2030

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…

Policy Submissions
6 Feb 2017

How the EU ETS can incentivize cement’s low-carbon transition

On 14 February 2017, the plenary of the European Parliament will vote on the revision of the EU Emissions Trading System (EU ETS) for the 2021-2030 period. Members will vote on the report of the environment committee (ENVI) which was adopted in December 2016. A key element of the compromise reached between all major political groups in ENVI is the introduction of a mechanism that requires importers of cement and clinker to also pay for their pollution, while ensuring that carbon costs are reflected in material prices.

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
6 Oct 2016

Carbon Market Watch submission to SBSTA on the Sustainable Development Mechanism

Following the precedent of the Kyoto Flexible Mechanisms – the Clean Development Mechanism (CDM) and Joint Implementation (JI) – the Paris Agreement established a new ‘mechanism to contribute to the mitigation of greenhouse gas emissions and support sustainable development’. The new mechanism bears some similarity to the CDM and JI, but will function in a…