Carbon removals are no magic climate or development bullet
The UN-backed ‘Carbon Removal Pioneers’ stoke the development dreams of African countries but crash against the reality of climate science.
Was COP27 the beginning of the end for corporate offsetting?
A new type of carbon credit created at the Sharm el-Sheikh climate conference provides an overdue alternative to the offset claim. This signals a path towards more honest climate accounting and fewer loopholes for potential greenwashing.
Lacklustre COP27 fails to bring clarity to carbon markets
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.
November editorial: COP 27 – Make or break time for putting the brakes on the climate crisis
Under the shadow of the worsening climate crisis, COP27 kicks off early next week. We’ll be there to influence the conversations on global carbon markets as much as we can, guided by our vision of a socially just and decarbonised future.
COP27: Make or break time for putting the brakes on the climate crisis
Under the shadow of the worsening climate crisis, COP27 kicks off early next week. We’ll be there to influence the conversations on global carbon markets as much as we can, guided by our vision of a socially just and decarbonised future. Two years into the make or break decade for the climate, COP27 is a …
Read more “COP27: Make or break time for putting the brakes on the climate crisis”
Governments must slash emissions, not ambition
As Carbon Market Watch prepares to attend the COP27 climate conference in Sharm el-Sheikh, we urge the international community to commit to far more ambitious climate action. Negotiators must design effective and fair carbon markets under Article 6 that complement rather than replace rapid and massive emissions reductions. The COP27 climate conference in Sharm el-Sheikh (6-18 November …
COP27 FAQ: Article 6 of the Paris Agreement explained
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.
CMW’s COP27 recommendations on key Article 6 topics
A summary of CMW’s recommendations concerning key Article 6 topics on which SBSTA and the Article 6.4 Supervisory Body are mandated to provide recommendations/guidance for adoption by the CMA at COP27.
Carbon Market Watch response to the UN High-level expert group on net zero
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 …
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New UN global carbon market must involve civil society to serve the climate and local communities
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.
