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Briefings
30 Nov 2015

Report: Using nature to pardon environmental pollution – Risks of agriculture sequestration carbon offsets

Agriculture supports the livelihoods of around a half of the world’s population, but is at the same time a notable source of greenhouse gas emissions (GHGs) driving climate change. As of one the options to tackle emissions in the sector, governments have been discussing to include additional agricultural activities into the Clean Development Mechanism (CDM) under the United Nations Climate Change Convention (UNFCCC) since 2011. Whether agricultural activities should be eligible for carbon offsetting programmes is not only topical within discussions in the UNFCCC but also within certain regional cap-and-trade schemes and discussions to establish a market based mechanism for international aviation emissions, expected to be adopted in October 2016 under the auspices of the International Civil Aviation Organization (ICAO).

Briefings
30 Nov 2015

Policy Brief: Fossil and biological carbon: a tonne is not a tonne

Whether biological carbon credit should be traded in carbon markets is topical, with discussions ongoing in the UNFCCC, ICAO and the California Cap-and-Trade system. To date, compliance markets have rejected the eligibility of biological carbon offsets. They are right to do so. Fossil and biological carbon operate on different parts of the carbon cycle, and on very different timescales. Fossil carbon is permanent; biological carbon is potentially and frequently subject to rapid fluxes, whether natural or manmade. For these reasons, offset credits from REDD+, afforestation and reforestation or other biological systems should not be treated as fungible with fossil carbon, but should instead be addressed through other, appropriate, policy measures.

Briefings
25 Nov 2014

Views on the discussions on additional land use, land-use change and forestry activities (LULUCF) and specific alternative approaches to addressing the risk of non-permanence

Carbon Market Watch welcomes the opportunity to provide input on discussions on specific possible additional land use, land-use change and forestry activities and specific alternative approaches to addressing the risk of non-permanence under the Clean Development Mechanism (CDM).

Briefings
30 Oct 2014

Analysis of Europe’s 2030 Climate Ambition

During the night of 23 October 2014, EU leaders brokered a deal on the 2030 climate and energy headline targets. EU’s Heads of States settled on an EU-binding renewable energy target of at least 27%, an indicative energy efficiency target of at least 27% and an at least 40% binding domestic greenhouse gas reduction target…

Briefings
29 Oct 2014

Principles and Recommendations: LULUCF and the EU climate and energy framework for 2030

Farmlands, wetlands and forests, which cover more than 90% of the EU’s land surface, will be harshly affected by climate change. This sector – known as Land Use, Land Use Change and Forestry (LULUCF) – is both a sink and a source of emissions. The United Nations Framework Convention on Climate Change (UNFCCC) has set…

Briefings
21 Dec 2012

Carbon Market Watch Analysis COP-18: We won a game of poker on the Titanic!

Much to our regret, countries who met at COP18 in Doha did little to address the billion tonne gap we need to close in order to keep us safe from catastrophic climate effects: No new mitigation pledges were made and most loopholes remain. Yet, some positive decisions were taken: Parties did agree that no new hot air should be created in the next Kyoto commitment period and that only a limited amount of the 13 billion tonnes of Hot Air from the first commitment period can be used.