The Sharm el-Sheikh climate conference’s final deal on Article 6 opens the door to secret carbon market deals between countries with little oversight. On a positive note, a new type of carbon credit could help spell the end of offsetting, but the agreement falls far short of what is needed.
Carbon Market Watch, ECOS, EEB, Bellona, IATP, FERN and WWF address an open letter to the European Commission in the context of the anticipated proposal on the Carbon Removal Certification Framework (CRCF). We believe this piece of legislation can have merits and address a gap in the EU climate policy framework, but risks seriously undermining …
Carbon Market Watch, ECOS, EEB, Bellona, IATP, FERN and WWF address an open letter to the European Commission in the context of the anticipated proposal on the Carbon Removal Certification Framework (CRCF). We believe this piece of legislation can have merits and address a gap in the EU climate policy framework, but risks seriously undermining …
Alarm bells for the climate were set off last week by a leak of the European Commission’s proposal for a Carbon Removal Certification Framework (CRCF). The draft leaves many important questions unanswered and vital issues unaddressed, and could usher in an era of greenwashed and money-wasting carbon removals.
Regarding the two documents, “Draft recommendations (Annex 5 to the SB002 annotated agenda)” and the in-meeting working document on “Recommendations for activities involving removals under the Article 6.4 mechanism” (SB002 in-meeting working document), Carbon Market Watch would like to submit the below input. We would also like to recall our input – prior to the …
National governments in the European Union are botching their planning of carbon removals. This lack of strategic thinking and focus on false solutions threatens the climate and biodiversity, a new study reveals.
The EU’s recent failure to rise to the unprecedented challenge presented by the climate emergency should not lead us down the path to cynicism but must prod us to redouble our efforts to bring about meaningful change,
Carbon removals will become a vital tool for reducing carbon concentrations in the atmosphere but only massive cuts in emissions will give humanity a fighting chance of keeping global heating to 1.5°C or below, says the UN’s Intergovernmental Panel on Climate Change (IPCC). The latest IPCC report, which was released in April, outlines various pathways …
Read more “Carbon removals are no substitute for deep emissions reductions, warns IPCC”
Carbon Market Watch response to Verra’s public consultation on creating a long-term reversal monitoring system for detecting reversals in VCS projects during the post-crediting period.
The European Parliament’s draft report by MEP Peter Liese on revising the EU’s Emissions Trading System fails to strengthen the scheme’s climate targets while opening up multiple routes to hand out more free emission allowances and offer offsets, enabling heavy industries to profit from their pollution. German Christian Democrat MEP Peter Liese has released his …
Read more “European Parliament’s proposed carbon market revamp a licence for industry to pollute”
Stay in touch and receive our monthly newsletter, campaign updates, event invites and more.
