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Letters
10 Apr 2018

Letter: EU must support tackling vested interests at UN climate talks

For the world to reach the necessary ambition to achieve our climate commitments under the Paris Agreement, which would keep average global temperature rises well below 2°C and even 1.5°C, the EU, led by the European Commission, must start supporting efforts to tackle vested interests within the United Nations Framework Convention on Climate Change (UNFCCC). We,…

Policy Submissions
5 Apr 2018

Input to the Talanoa Dialogue: Scaling up carbon pricing for inclusive and effective climate action

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…

Letters
3 Nov 2017

Carbon Market Watch recommendations for COP23

Dear Respected Colleague, Carbon Market Watch is pleased to share our SBSTA, SBI, and APA recommendations as well as an overview of our upcoming events and recent publications (below). Phase out Clean Development Mechanism (CDM) To reach the objectives of the Paris Agreement, it is essential to learn from past experience avoid the mistakes made with…

Briefings
20 Sep 2017

Pricing carbon to achieve the Paris goals

Executive Summary Putting a price on carbon, based on the polluter pays principle, has the potential to be a powerful policy tool to reduce greenhouse gas emissions in the fight against climate change. A carbon price can come in the form of a tax or a cap and trade system. With a tax, the price of polluting…

Annual reports
29 Jun 2017

Annual Report 2016

FOREWORD 2016 was a year that shook the world and the European Union in particular. The new hope for multilateral climate cooperation under the 2015 Paris agreement received a blow with the election of a climate denier to the White House. The European Union, as an ongoing project for peace and prosperity, was shaken by a Brexit referendum…

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).

Policy Submissions
4 May 2017

Recommendations for Article 6 of the Paris Agreement

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,…

Policy Submissions
4 May 2017

Recommendations for the review of the modalities and procedures for the Clean Development Mechanism

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…

Briefings
18 Apr 2017

Good-Bye Kyoto: Transitioning away from offsetting after 2020

The 2015 Paris Agreement, which sets out the framework for global climate action after 2020, includes the establishment of the Sustainable Development Mechanism (SDM). The goals of the SDM are to promote higher ambition that contributes to emission reductions and sustainable development, and deliver an overall mitigation of greenhouse gas emissions.

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…