The rules governing carbon markets agreed at the COP26 in Glasgow need to be translated into functioning and effective mechanisms at COP27 in Sharm el-Sheikh. This handy Carbon Market Watch guide explains Article 6 of the Paris Agreement, how it works and main the issues at stake.
Carbon Market Watch welcomes the opportunity to input to the HLEG’s call for public submissions on net-zero commitments of non-State entities. There is currently a proliferation of net-zero claims, as well as other similarly vague claims such as carbon neutral, carbon negative, climate positive, climate neutral, net carbon zero, and so on. Neither policymakers nor …
Read more “Carbon Market Watch response to the UN High-level expert group on net zero”
The new body tasked with designing and supervising the global carbon market under the Paris Agreement must put in place environmental safeguards and protect the interests of local and indigenous communities.
Negotiators must prioritise human rights, transparency and environmental integrity as they hammer out the framework for carbon markets under Article 6 of the Paris Agreement.
The rules governing carbon markets agreed at the COP26 in Glasgow have sparked significant interest and confusion. If you are among the perplexed, this handy Carbon Market Watch guide provides answers to frequently asked questions about Article 6 of the Paris Agreement.
Dear friends, ‘No deal is better than a bad deal’ is the message which underpinned our advocacy for integrity in international carbon markets during the six years since the Paris Agreement brought fresh hope for change. The sheer weight of self-repetition over such a long time could lead one to chalk up the compromise deal …
Read more “November editorial: A bad deal or no deal at COP26?”
After over five years of dithering and two weeks of intensive negotiations, the world’s governments settled on slimmed-down ground rules for carbon markets under the Paris Agreement’s Article 6. This deal will provide escape hatches for government and corporations seeking to renege on their climate responsibilities, in particular undermining the urgent emissions cuts needed in …
Read more “COP26: Half-baked carbon market rules fail to take heat off the climate”
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”
We fight the climate wars no longer only against denialists but also against what climate scientist Michael Mann calls “inactivists”, writes Sabine Frank. I don’t know at which UN climate conference this trend began, but at COP15 in Copenhagen, the shift was certainly not yet apparent. The recent BBC ‘conspiracy thriller’ The Trick is a …
Read more “October editorial: COP26 and the rise of the climate inactivists”
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”