Article 6

Opinion
By Jonathan Crook, Gilles Dufrasne on 25 Jun 2021

UN carbon markets face continued stand-off

Science and respect for human rights must be at the heart of any future rulebook After 3 weeks of technical discussions between country negotiators, little progress has been made to approach agreement on Article 6 of the Paris Agreement pertaining to carbon markets. Countries have even reinforced their stance on certain long-held positions, which in…

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Opinion
By Jonathan Crook on 4 Jun 2021

Time to make Article 6 work for the climate

Going beyond zero-sum game offsetting to deliver real benefits For Carbon Market Watch’s overall perspective on Article 6, see here. CMW has also been publishing a series of technical submissions, responding to a call for input from the UNFCCC: April, May, June. The Paris Agreement Article 6 must go beyond the zero-sum logic of offsetting…

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Opinion
By Jonathan Crook on 27 May 2021

UN negotiators search (yet again) for common ground on carbon markets

Paris Agreement Article 6 must reduce emissions fairly and effectively For CMW’s overall perspective on Article 6, see here. We have also been publishing a series of technical submissions, responding to a call for input from the UNFCCC: April, May, June. Technical discussions at the UN climate body UNFCCC on the Paris Agreement carbon market…

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Policy Submissions
11 May 2021

Carbon Market Watch input to SBSTA on matters related to article 6 of the Paris Agreement

Views on the rapid operationalisation of article 6 This submission is part of a series of submissions responding to the monthly calls from the SBSTA chair covering several aspects of article 6 The operationalisation of Article 6 should guarantee integrity, transparency and inclusiveness. Speed should not undermine the overall objective of contributing to the Paris…

Policy Submissions
19 Apr 2021

Carbon Market Watch input to SBSTA on matters related to article 6 of the Paris Agreement

Share of proceeds for adaptation and avoiding double use of outside NDC A6.4ERs Response to the call for submissions on the above-mentioned topics by the SBSTA chair Summary Financing for Adaptation/Share of Proceeds: A share of proceeds for adaptation should be levied on both 6.2 and 6.4 transactions The share of proceeds for adaptation should…

Opinion
By Sabine Frank on 28 Jan 2021

The lengthened and stony road to Glasgow

A reminder of the tricky issues of agreement on global carbon market rules in the context of ratcheting up climate ambition Raising ambition is the primordial task for governments ahead of and at the next UN climate conference. But it will also be essential to finally agree on the rules that will govern global carbon…

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Briefings
24 Nov 2020

Carbon markets and agriculture – why offsetting is putting us on the wrong track

A joint briefing by Carbon Market Watch, Secours Catholique, CCFD – Terre Solidaire and Institute for Agriculture & Trade Policy (IATP) Executive summary Climate mitigation projects in the agriculture sector, particularly those focused on storing carbon in soils, are increasingly being tied to carbon markets. But the impact of these initiatives is highly questionable. First,…

Opinion
By Gilles Dufrasne on 1 Apr 2020

ICAO’s carbon market report offers valuable lessons for Article 6 talks

This opinion article was first published in Carbon Pulse on March 30, 2020 As part of the work to establish an international carbon market for aviation, CORSIA, a group of experts recently recommended restrictions for the types of carbon offsets that can and cannot be used by airlines. These restrictions were adopted by the UN aviation…

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Opinion
By Gilles Dufrasne on 20 Jan 2020

International carbon markets at the frontier to the wild west

The failure to agree on rules for international carbon markets at COP 25 has been a victory for some and a disaster for others. Looking at it pragmatically, it was very much a “disaster averted” outcome since the rules on the table would have legitimised the use of markets riddled with loopholes. Far from ideal,…

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Press release
By Kaisa Amaral on 15 Dec 2019

COP25: No deal on UN carbon markets as a number of countries reject loopholes

MADRID 15 DECEMBER 2019 Governments at the UN climate talks (COP 25) postponed decisions on future carbon market rules after no agreement was reached on the most contentious issues such as the fate of old credits and measures to avoid double-counting. Carbon Market Watch commends countries who defended strong carbon market rules and calls on…

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