Carbon Market Watch Newsletter – January 2021

New Year New Climate Momentum The private-sector task force, led by Mark Carney, has published its roadmap for “scaling up voluntary carbon markets”. More investments in climate action are, of course, more than welcome. But the task force should pay more attention to quality – instead of focusing on quantity. One striking omission in the new …

Marchés carbone agricoles – Compensation carbone: fausse solution pour un vrai problème ?

Les projets de réduction d’émissions de gaz à effet de serre (GES) du secteur agricole, en particulier ceux visant à accroître la séquestration du carbone dans les sols, sont de plus en plus liés à des mécanismes de compensation carbone. Pourtant, ces initiatives présentent de nombreux risques. D’abord, les mécanismes agricoles de compensation risquent de …

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

Read guide in French 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 …

Capacity download: Summer webinar series 

Scroll down for French and Spanish Over the summer Carbon Market Watch along with our members and new working partner NGOs in Latin America, Africa and India hosted a series of online webinars to discuss the current state of carbon markets around the world and their specific impacts on various regions. The online events were …

Annual Report 2019

Foreword 2019 was an exciting and full year for Carbon Market Watch (CMW). On the wings of the global youth movement asking for better climate protection, the issue of climate change gained prominence it had never achieved before. It was finally brought to the attention of policymakers in a manner that will hopefully be sustained …

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 …

Carbon Market Watch Newsletter – January 2020

The year of climate ambition  Dear friends, One year from now, the landmark Paris Agreement will have entered into force and before that, governments should have announced higher climate pledges to put the world on track to limit global temperature rise to 1.5 degrees. 2020 has already been dubbed as the year of climate ambition …

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, …

COP25 outcome puts pressure on ICAO to ensure robust rules for aviation carbon market

The failure to agree on robust rules to prevent double-counting at the UN climate change conference puts the UN aviation body in a difficult spot as it defines which programmes will be eligible under the future aviation offsetting scheme. It will be paramount to guarantee that airlines will only be allowed to use good quality …