FAQ: Carbon markets explained
Our latest FAQ has the answers to everything you always wanted to know about global carbon markets
Taylor Swift and the top polluters department
Taylor Swift claims she can offset the immense carbon footprint of her private jet but the only way for high-flying celebrities and the superrich to reduce their climate impact is to fly less and choose more sustainable forms of transport.
CMW inputs to the Article 6.4 Supervisory Body after its 8th meeting: Appeal and grievance processes
For the Article 6.4 grievance process, where it is of utmost importance that it is designed by and with those who will be engaging with it, more input is essential to ensure it works for rather than against its users. Carbon Market Watch urges the Supervisory Body to reopen its Call for Input, as well as to actively seek input from IPLCs and other rightsholders as part of a structured consultation.
FAQ: Everything you need to know about Article 6 at COP28
Article 6 of the Paris Agreement sets out the principles for carbon markets. At COP28, governments will further develop the rules governing these markets.
REDD+ FAQ: Explaining the ins and outs of forestry climate projects
REDD+, which aims to reduce or prevent deforestation through the voluntary carbon market, is a complex and confusing area. In this FAQ, we answer some frequently asked questions.
Quality assessment of REDD+ carbon credit projects
The report is focused on the four crediting methodologies that have generated almost all REDD+ carbon credits to date, all under Verra, the largest voluntary carbon market registry, and concludes that REDD+ is ill-suited to carbon crediting.
Inputs to structured consultation on removal activities (Article 6.4 of the Paris Agreement)
Carbon Market Watch welcomes the opportunity to provide inputs to the Supervisory Body on specific questions pertaining to removal activities. However, we note that the 2-week window to make submissions is extremely short and also overlaps with SB58, which many observer organisations that closely follow the Supervisory Body have attended – as a result, there …
Does carbon offsetting do more harm than good?
After years of campaigning by activists, the tide is finally turning on the idea of companies buying carbon credits to compensate for their emissions. But how exactly is carbon offsetting harmful and what’s the alternative?
New carbon market code of practice discourages companies from greenwashing
Guidance on the use of carbon credits by private companies published today by the Voluntary Carbon Market Integrity Initiative (VCMI) is a step in the right direction to rein in greenwashing. The proposed set of rules forms a welcome basis to move the conversation forward but more attention should be given to how companies can contribute to climate action outside of carbon markets.
