The higher carbon prices on the EU’s Emissions Trading System (EU ETS) of the last three months have caused cross-sectoral concern. Many are placing unsubstantiated blame on speculative trading. But with speculation a minor problem at best, is flooding the market with more carbon allowances a solution or a dangerously reckless move? In the EU, …
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Our FAQ on the EU’s Carbon Border Adjustment Mechanism (CBAM). This text is also available as a downloadable PDF. What’s the objective of the EU’s CBAM? How will it work in practice? How do CBAM certificates work? Which sectors and emissions are covered by CBAM? CMW’s view How are embedded emissions …
Read more “A brief explanation of the Carbon Border Adjustment Mechanism (CBAM)”
Les marchés internationaux du carbone représentent une grande opportunité de développement pour les pays africains, écrit Anyssé Kenfack Ngnintedem*. Les marchés internationaux du carbone, plus spécifiquement le régime de compensation des émissions de CO2 dans le secteur de l’aviation civile internationale (CORSIA), représentent une grande opportunité pour les pays africains. Ils permettent non seulement aux …
Read more “Amplifier la dynamique des marchés internationaux du carbone en Afrique”
Emissions offsetting has drawn fresh fire from some activists for its patchy human rights and environmental record. At Carbon Market Watch, we are convinced that emissions trading, like it or not, is here to stay and so we must find a way to make it best serve communities and the climate. On day four of …
Read more “COP26: The many shades of activism”
Date and Time: 16:45-18:00 UK time, 09 November 2021. Location: Scottish Event Campus, Loch Lomond room (maximum capacity: 144 people). Watch online here. Background: Low-income countries have barely benefitted from United Nations Framework Convention on Climate Change (UNFCCC) flexible mechanisms. This COP26 side event will focus on solutions for the UNFCCC and voluntary carbon markets …
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Carbon markets are high on the agenda at the UN’s COP26 climate change conference. Carbon Market Watch’s Gilles Dufrasne has prepared this handy guide to explain the issues at stake related to Article 6. The next UN climate change conference (COP26) kicks off this weekend. One of the key items up for negotiation is the …
Read more “COP26: Five reasons why carbon markets (Article 6) matter”
Introduction: The UK COP Presidency has planned informal ministerial consultations on July 7 and July 12, in order to make progress on Article 6, which is still in stalemate despite recent technical discussions. Ministers have been asked to discuss a set of framing questions on three key sticking points: double counting of emissions, possible transition …
Read more “Briefing for ministerial discussions on Article 6 of the Paris Agreement”
Update 1 July: Verra published a statement in response to this report, questioning its findings and accusing it of using flawed methodologies. Our response to Verra is available here. Executive summary The Colombian government adopted a carbon tax of approximately US$5/tCO2e covering fossil fuels in 2016. Companies can avoid paying the tax by purchasing carbon …
Read more “Two Shades of Green: How hot air forest credits are being used to avoid carbon taxes in Colombia”
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 designed to substitute for physical workshop …
Read more “Capacity download: Summer webinar series “
Carbon Market Watch in association with ParyavaranMitra invites civil society organizations, academic institutes, policy makers, researchers and other interested to participate in webinar on role of international carbon markets in India.