Ahead of COP 31, this must-read explainer analyses what the Article 6.2 Technical Expert Reviews published to date reveal about countries’ carbon trade reporting, concluding there’s plenty of work to do in Antalya. What is a Technical Expert Review? The Article 6.2 Technical Expert Review (TER) process serves as an important, if not the only, …
Read more “Missing the mark: the current state of Article 6.2 carbon trades”
Carbon Market Watch welcomes the development of the Government of Zambia’s Carbon Market Regulations as part of its Statutory Instrument. National regulation for carbon markets are indispensable to regulate existing carbon market standards and frameworks.
In 2012, it was undoubtedly the main reason for backing down: the EU had dropped its plan to cover all flights departing from and arriving in Europe under its carbon market scheme, following intense pressure from industry and major economies, not least the United States. It was the infamous ‘stop the clock’ to the full scope under the EU Emissions Trading System (ETS).
CAN Europe, Carbon Market Watch and 131 other civil society organisations, academia and businesses have written to the European Commission to express extreme concern regarding the option currently being supported by some policymakers to open the EU 2040 climate target and Nationally Determined Contribution (NDC) under the Paris Agreement, to international credits. Introducing international credits within the …
A revision of the Science Based Targets initiative’s CNZS v2.0 corporate net-zero standard reveals a welcome push towards greater accountability, despite some shortcomings.
Article 6 is a key priority of Azerbaijan’s COP29 presidency, putting high pressure on countries to come to an agreement at the upcoming climate summit. At the same time, the role that Article 6 carbon markets play in the wider context of achieving our Paris Agreement goals hinges on the quality of the agreement. This …
Read more “Article 6 carbon markets at COP29: Carbon Market Watch’s recommendations”
Article 6 of the Paris Agreement sets out the principles for carbon markets. At COP29, governments must fix all the outstanding issues so as to ensure that Article 6 advances, rather than sets back, the climate agenda. This detailed guide explains what is at stake.
‘Questioning the integrity of the voluntary carbon market’ is a new series of Carbon Market Watch video explainers that answers your question on this neglected topic.
Article 6 of the Paris Agreement sets out the principles for carbon markets. At COP28, governments will further develop the rules governing these markets.
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