The first two projects, both related to cookstoves, approved for use under the UN’s carbon market massively overestimate their climate impact, despite efforts to rein in overcrediting. In April of last year, Carbon Market Watch published an analysis demonstrating that the first Clean Development Mechanism project (known as Programme of Activities, or PoA, 10415) in …
A tool that aims to promote and safeguard sustainable development under the UN carbon market offers indigenous peoples and local communities little protection against projects which infringe on their land or violate their human rights. This was the disturbing finding of a joint investigation by Carbon Market Watch and the Land Matrix Initiative.
Efforts to dilute Article 6 rules risk turning the new UN carbon market mechanism into a false climate solution that harms both nature and global climate action
The decision by the Integrity Council for the Voluntary Carbon Market (ICVCM) to withhold its stamp of approval from the most problematic cookstove methodologies and to approve a good methodology is a welcome step in the right direction but more needs to be done.
Outdated carbon credits issued under the Kyoto Protocol’s Clean Development Mechanism must be scrapped for the sake of the climate, argues Gilles Dufrasne. Carbon markets are high on the agenda of this year’s COP26 climate conference as countries meet again to agree on rules governing the Paris Agreement. One of the most contentious negotiation items …
Read more “COP26: Kyoto-era carbon credits will not repay our debt to the climate”
Ce dossier offre une vue d’ensemble des discussions actuelles concernant l’Article 6 de l’Accord de Paris, qui établit les fondements de mécanismes de marché visant à lutter contre les changements climatiques après 2020. Les grandes leçons à tirer des marchés issus du Protocole de Kyoto y sont exposées, les questions essentielles au coeur des négociations …
Read more “Introduction aux marchés du carbone – Un guide des mecanismes mondiaux de compensation”
Este informe ofrece un panorama de las actuales discusiones bajo el Artículo 6 del Acuerdo de París, donde se establecen los pilares de las medidas climáticas basadas en el mercado después del año 2020. Describe las principales lecciones aprendidas de los mercados del Protocolo de Kioto, haciendo especial hincapié en los problemas fundamentales de las …
This briefing gives an overview of the current discussions under Article 6 of the Paris Agreement which establishes the foundation for market-based climate measures after 2020. It lays out key lessons from the Kyoto Protocol markets, highlights essential issues within the Article 6 negotiations, and provides recommendations on how to solve them. It concludes with …
Read more “Carbon markets 101 – the ultimate guide to global offsetting mechanisms”
TODAY’S SUPPLY OF CARBON CREDITS AND TOMORROW’S DEMAND FROM CORSIA Carbon Market Watch Factsheet Summary The concern that too few credits will be available to meet demand from airlines under the future aviation carbon market CORSIA is misplaced. Today’s supply from the three largest voluntary programmes alone is enough to cover CORSIA’s demand until well …
Read more “What will airlines buy to offset their pollution?”
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