Carbon markets continued to feature prominently and often worryingly at COP30. Carbon Market Watch witnessed a stark contrast between the optimism championed by the many initiatives promoting “high quality” carbon markets and the negotiation rooms where concerted efforts were made to water down Article 6 rules.
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
14 November 2025 | 13.45-14.45 UTC-3 | In-person
At the COP30 climate conference, countries that have cooled on climate action are set to exploit carbon markets to take the heat to act off themselves. But carbon markets are no substitutes for real emissions cuts and no replacement for climate finance.
At the Bonn climate conference (SB62) ahead of COP30 in Brazil, there was a mood of upbeat optimism about Article 6 carbon markets. This positivism stands in shrill contrast with all the critical issues that continue to plague Article 6.