A brief explanation of the Carbon Border Adjustment Mechanism (CBAM)

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 …

Amplifier la dynamique des marchés internationaux du carbone en Afrique

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 …

COP26: The many shades of activism

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 …

Can carbon markets benefit developing countries?

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 …

COP26: Five reasons why carbon markets (Article 6) matter

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 …

Briefing for ministerial discussions on Article 6 of the Paris Agreement

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 …

Two Shades of Green: How hot air forest credits are being used to avoid carbon taxes in Colombia

Read the guide in Spanish 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 …

Las dos caras del verde: El uso de bonos forestales por aire caliente para evitar impuestos al carbono en Colombia

En 2016 el gobierno colombiano introdujo un impuesto sobre las emisiones de carbono para combustibles fósiles de, aproximadamente, 5 USD por tonelada de CO2 equivalente. Las empresas pueden evitar el pago del impuesto con la compra de bonos de carbono de proyectos desarrollados en Colombia. Esto ha estimulado el mercado colombiano del carbono, que incluye …

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 …