Executive summary Relying on carbon offsets to meet climate targets is risky and unsustainable. Carbon credits can have low environmental integrity, and they will become increasingly difficult to source as countries need to “keep” their reductions to meet domestic targets. When companies purchase a carbon credit generated in a country that also has a climate …
This report by NewClimate Institute was commissioned by Carbon Market Watch Summary In order to reach the goals of the Paris Agreement, it is essential to rapidly move from a zero-sum offsetting approach towards rapid transitions to decarbonise all emitting sectors. Though originally developed for offsetting, using aspects of carbon market mechanisms to deliver results-based …
Read more “Results-Based Finance in the Paris Era – Considerations to Maximise Impact”
WEBINAR recording is available on YouTube, or watch below Date and time Wednesday, December 16th, 16-17:15 (CET) Background With numerous “net zero” and “carbon neutrality” pledges being announced, carbon markets are booming, but does this equal climate action? In this webinar, we will discuss the new financial sector-led taskforce to “scale up” the voluntary market, …
Read more “Carbon markets in a crystal ball: what does the future look like?”
Les projets de réduction d’émissions de gaz à effet de serre (GES) du secteur agricole, en particulier ceux visant à accroître la séquestration du carbone dans les sols, sont de plus en plus liés à des mécanismes de compensation carbone. Pourtant, ces initiatives présentent de nombreux risques. D’abord, les mécanismes agricoles de compensation risquent de …
Read guide in French A joint briefing by Carbon Market Watch, Secours Catholique, CCFD – Terre Solidaire and Institute for Agriculture & Trade Policy (IATP) Executive summary Climate mitigation projects in the agriculture sector, particularly those focused on storing carbon in soils, are increasingly being tied to carbon markets. But the impact of these initiatives …
Read more “Carbon markets and agriculture – why offsetting is putting us on the wrong track”
Carbon Market Watch welcomes Gold Standard’s vision for the post-2020 voluntary market and supports the idea of developing a new type of claim which would not be used for compensation of greenhouse gas emissions. If carbon credits continue to be used as offsets/compensation, we also support the position that this should only be possible if …
We joined the World Press Clubs Alliance for Climate launch event on Friday 23 October. Watch the interview with Sabine Frank here. Companies and governments are announcing “climate-neutrality” targets, and consumers are being offered ways to offset their carbon footprint. What does this mean in practice? How can we distinguish between real climate action and …
Read more ““Offsetting must not be a license to continue polluting””
Scroll down for French and Spanish Companies are increasingly adopting “climate-neutrality” targets, which often include relying on forests to compensate for pollution. After yet another such offset project was swallowed by flames in California, unresolved questions about forest and land offsets resurface. It’s a simple tagline for green marketing campaigns: “Enjoy our product, it’s climate …
Read more “Up in smoke – California fires once again highlight dangers of forest offsets “
Dear ICAO Council Member, ICAO’S Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA) is at a critical juncture. Your decisions this week could create a CORSIA with integrity, help international aviation achieve carbon-neutral growth from 2020 and help unleash a global market that drives investment in low-carbon economic development. But if you choose to …
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