Land use remained a contentious topic at the Paris climate summit this December with onlookers wondering how land and its capacity to absorb carbon would be incorporated into the final agreement. While initial worries about the treatment of land in the Paris Agreement were ironed out in the final agreement, the development of rules and modalities in the coming years will need to permanently close doors to using the land to offset continued fossil fuel use.
Despite seemingly genuine fears amongst some negotiators that the role of carbon markets might not be mentioned in the final agreement, the Paris treaty created two different frameworks for market approaches that will be developed in detail over the next years.
Last December in Paris, a global climate deal was adopted in which all countries have agreed to take action on climate change. Ahead of the climate summit, almost 190 countries representing over 90% of global greenhouse gas emissions registered their climate commitments. Europe, which long thought of itself as the lone wolf in tackling climate change, is therefore no longer going it alone.
Paris, 10 December. With less than 48 hours of negotiation time left, countries continue arguing about a new proposed carbon offsetting mechanism. Key concerns relate to doubts about the need for carbon offsets in the future, the inclusion of land use carbon offsets that are likely to open a new gigatonne loophole, and allowing developed …
Read more “Rich countries set to benefit from proposed carbon offsetting mechanism in Paris”
The new draft negotiation text still features brackets around all provisions related to carbon markets, showing that Parties have still not found agreement on whether there will be an explicit role for carbon markets in the new Paris agreement. Options under discussions in the next 48+ hours include inter alia the role of carbon trading …
Read more “Carbon market provisions in Paris climate treaty: all cards on the table”
As I write, ministers are gathering in the plenary Room Seine, to make speeches to set the stage for the final week of negotiations, in what the COP President has just called “a week of hope”. So where are we now after a week of intensive negotiations? Written by Katherine Watts, International Climate Policy Advisor at …
Read more “State of play of the negotiations”
Paris is hosting the 21st climate summit and the hopes are high that the conference will produce a new climate treaty to help keep global warming to below dangerous levels. The measure of success of the Paris climate treaty hinges on its ability to promote new climate actions while containing the dangers that hot air …
Read more “Beware hot air in the Paris climate talks”
Paris, 2 December. Today, Carbon Market Watch and Pixel Impact launch the new COP21 video game CAPMAN. The interactive video game about the superhero CAPMAN, the heroic embodiment of real climate action, is promoting actions that limit CO2 emissions and cap global warming at 1.5C. The game is accessible at www.cap-man.net and will be launched at 7pm CET at the EU Pavilion in the COP21 venue.
CAPMAN is promoting actions that will limit emissions of CO2 and cap global warming at 1.5C. CAPMAN wants to make sure our planet remains a liveable and beautiful environment. However, like every superhero, CAPMAN has some evil enemies that are determined to stop him
