Plenary session at 2022 Bonn Climate Conference

Devil in the details at 2023 Bonn climate conference

If the country-to-country carbon market established under Article 6.2 of the Paris Agreement is to have any credibility, negotiators meeting at the UN intersessional climate conference in Bonn must agree on the fine print that prevents double counting, abandons secrecy and promotes accountability.

​​Recommendations for the key topics under Article 6 of the Paris Agreement ​

Prepared for the Bonn Climate Change Conference 5-15 June 2023 Carbon Market Watch welcomes the opportunity to provide input to the discussions on matters relating to Article 6.2 (plus one in 6.4) of the Paris Agreement ahead of the UNFCCC’s 58th session of the subsidiary bodies. Sequencing and timing ● A step-wise process consisting of clearly …

Assessing the robustness of carbon market grievance mechanisms

This study assesses the effectiveness of carbon market grievance mechanisms of leading voluntary carbon market standards. While most voluntary carbon market standards have grievance mechanisms in place, most of them are opaque and do not properly describe their procedures.

Carbon Market Watch response to Verra consultation on a new methodology for harvest deferral

Verra has launched a public consultation on a new methodology, developed by NCX, which proposes methods for the generation of carbon credits from activities aimed at deferring timber harvest by as little as one year. This response covers Carbon Market Watch’s (CMW) main comments on the methodology. It does not provide detailed advice on specific …

Carbon Market Watch response to Verra’s proposed “tonne-year accounting” method

Verra is proposing to introduce tonne-year accounting, a method whereby it would issue credits representing the permanent storage of 1tCO2 to projects that store carbon temporarily. Each tonne sequestered for one year would be worth one “tonne-year” and one hundred tonne years would make up one carbon credit. For example, storing 1 tonne for 100 …

Comments on proposed Verified Carbon Standard (VCS) project for reducing emissions from deforestation and forest degradations in Papua New Guinea

Kanaka Management Services Private Limited, a project developer, has proposed a Verra Verified Carbon Standard (VCS) project entitled ‘REDD+ Project in Oro Province of Papua New Guinea‘. If approved, this proposed project would be the second largest Verra VCS project, generating 8.1 million credits annually for 100 years. The proposed project was open for public …

Carbon Market Watch response to UK Climate Change Committee’s consultation: “Carbon Offsets call for evidence”

The UK Climate Change Committee recently issued a public consultation on the subject of “Carbon Offsets call for evidence”, which closed on 28 February 2022. The consultation covered the main risks and opportunities presented by voluntary carbon offsets, the quality and duration of offsets, voluntary offset market regulation and standards, Harnessing Financial Flows, and more.

ACDESPE: Atelier de restitution et de décryptage de la COP 26 de Glasgow

La 26ème Conférence des Parties (COP 26) qui s’est tenu à Glasgow en Ecosse du 31 Octobre au 13 Novembre 2021 a réuni des milliers de participants issus de divers secteurs notamment les Etats, les experts, les chercheurs, le secteur privé, les médias, les universitaires et la société civile. Elle avait pour objectif d’encadrer des …

Amplifier la dynamique des marchés internationaux du carbone en Afrique

Les marchés internationaux du carbone représentent une grande opportunité de développement pour les pays africains, écrit Anyssé Kenfack Ngnintedem*. Les marchés internationaux du carbone, plus spécifiquement le régime de compensation des émissions de CO2 dans le secteur de l’aviation civile internationale (CORSIA), représentent une grande opportunité pour les pays africains. Ils permettent non seulement aux …