Paris Agreement Article 6 must reduce emissions fairly and effectively For CMW’s overall perspective on Article 6, see here. We have also been publishing a series of technical submissions, responding to a call for input from the UNFCCC: April, May, June. Technical discussions at the UN climate body UNFCCC on the Paris Agreement carbon market …
Read more “UN negotiators search (yet again) for common ground on carbon markets”
An NGO statement on forests in voluntary carbon markets Summary Forest protection and restoration is in urgent need of increased financial support, but cannot be used to offset fossil emissions Financial contributions should be directed at jurisdictional programs addressing deforestation and forest degradation, rather than stand-alone projects, as they provide incentives for improved land use …
Read more “Recommendations on forests in voluntary carbon markets”
This opinion piece was first published on Splash247 on 22 March “Carbon-neutral” liquefied natural gas (LNG) is the new kid on the block when it comes to fake climate credentials. The number of deals across the world is growing at an alarming pace. This greenwashing trend is wrong at many levels. First, let it be …
Read more “From pipeline to pipe dream: why there’s no such thing as shipping carbon-neutral LNG “
Scroll down for French and Spanish The recent uptick in interest for voluntary offsets invokes certain concerns, but it also comes with a few benefits. One of these is the push for more transparency. A new public database tracking information about voluntary offsets from the four largest standards was launched by Trove Intelligence. It adds …
This letter was sent to President of the European Commission von der Leyen, Executive Vice-President Timmermans, Commissioner Simson, Commissioner Sinkevičus , Minister Matos Fernandes, MEP Guteland and other Members of the European Parliament, and Members of Coreper II. Forest restoration must not offset climate inaction in the agriculture, energy, housing, industrial and transport sectors. Yesterday …
Read more “Letter to not offset climate inaction with forests”
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 …
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