As the European Commission weighs whether and how to incorporate permanent carbon removals into the EU’s carbon market, it has recently adopted key rules to define, quantify and assess trade offs associated with those removals. Enabling the use of carbon removals credits in the EU’s Emissions Trading System would be a bad idea, but to …
Read more “Why the EU’s rulebook for certifying permanent carbon removals will fail”
Depending on how it is designed, the Commission’s newly proposed EU Buyers Club initiative for carbon removals may contribute little to the green transition or even set it off course. The CO2ol Down project proposes a workable alternative that develops permanent removals while slashing emissions. With the European Union’s recently agreed 2040 climate target setting …
CO2ol Down is a project based on collaborative policymaking and co-creation theory. It is grounded in principles of collective progress and mutual benefit, rather than the advancement of individual agendas.
A groundbreaking study finds that many countries relying heavily on carbon removals are at high risk of placing their climate goals in jeopardy. This echoes findings from previous Carbon Market Watch research and is helping guide future investigations.
A false equivalence is too often made between carbon emissions and the removals that may balance them. Mistaken ‘like for like’ thinking undermines the integrity of climate policies.
This special edition of our flagship Corporate Climate Responsibility Monitor (CCRM) analyses the carbon removal strategies of 35 major companies across seven sectors. This joint initiative of NewClimate Institute and Carbon Market Watch reveals critical gaps in transparency, integrity, and credibility. The corporate world has substantially increased its use of both non-durable and durable carbon …
The Carbon Removal and Carbon Farming (CRCF) framework is being implemented through a range of methodologies, each representing different methods that are deemed to have the potential to deliver carbon removals or emission reductions and/or increased carbon sequestration in the land sector. This document looks at cross-cutting and specific issues for the so-called ‘permanent carbon …
On behalf of an NGO Carbon Removals Expert Group, CMW’s Wijnand Stoefs took to the floor at an European Commission meeting to explain why proposed draft methodologies for the EU Carbon Removals and Carbon Farming regulation are lacking scientific and environmental integrity.
Proposals disappointingly push political interests to the front, while scientific and environmental concerns take a back seat.
The European Commission’s unambitious proposed climate target for 2040 risks becoming riddled with loopholes and delaying urgent climate action. This in-depth analysis explains how and why.
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