This document is a submission by Carbon Market Watch for policymakers at COP31. Our submission focuses on the implementation of Article 6, the current state of its rules, and what needs to change during the 2028 review of the overall Article 6 guidance.
Join us at COP31 for a session focusing on the safeguards and national frameworks necessary to ensure that Article 6 carbon credits don’t end up as paper mitigation only.
The champions of Article 6 carbon markets used the opportunity of the Bonn climate conference to push, ahead of COP31, for a “learning by doing” approach. This happy-go-lucky attitude would spell double trouble for the climate and society. Although the only carbon market item officially under negotiation in Bonn concerned the funding arrangements for Article …
Read more “Bonn chance: UN carbon markets enter implementation phase on shaky foundations ahead of COP31”
This report contains the results from a python analysis of the Programme of Activities (PoA) 10471, a cookstove project transitioning to the Paris Agreement Crediting Mechanism (PACM) under Article 6.4 of the Paris Agreement. For more context on our findings, see our article here
This is Carbon Market Watch’s submission to the Article 6.4 mechanism of the Paris Agreement’s draft methodology on energy efficiency measures in household cooking.
This submission is in response to a call for input from the Article 6.4 Supervisory Body for the for its ‘Draft Methodological tool: Fraction of non-renewable biomass’.
A tool that aims to promote and safeguard sustainable development under the UN carbon market offers indigenous peoples and local communities little protection against projects which infringe on their land or violate their human rights. This was the disturbing finding of a joint investigation by Carbon Market Watch and the Land Matrix Initiative.
Carbon markets continued to feature prominently and often worryingly at COP30. Carbon Market Watch witnessed a stark contrast between the optimism championed by the many initiatives promoting “high quality” carbon markets and the negotiation rooms where concerted efforts were made to water down Article 6 rules.
Efforts to dilute Article 6 rules risk turning the new UN carbon market mechanism into a false climate solution that harms both nature and global climate action