Under the shadow of the worsening climate crisis, COP27 kicks off early next week. We’ll be there to influence the conversations on global carbon markets as much as we can, guided by our vision of a socially just and decarbonised future. Two years into the make or break decade for the climate, COP27 is a …
Read more “COP27: Make or break time for putting the brakes on the climate crisis”
As Carbon Market Watch prepares to attend the COP27 climate conference in Sharm el-Sheikh, we urge the international community to commit to far more ambitious climate action. Negotiators must design effective and fair carbon markets under Article 6 that complement rather than replace rapid and massive emissions reductions. The COP27 climate conference in Sharm el-Sheikh (6-18 November …
Read more “Governments must slash emissions, not ambition”
The rules governing carbon markets agreed at the COP26 in Glasgow need to be translated into functioning and effective mechanisms at COP27 in Sharm el-Sheikh. This handy Carbon Market Watch guide explains Article 6 of the Paris Agreement, how it works and main the issues at stake.
The conclusions on Article 6.4 from Subsidiary Body for Scientific and Technological Advice (SBSTA 56) invited observer organisations to make submissions on “any of the elements referred to in decision 3/CMA.3, paragraph 7, for consideration by the SBSTA.” Carbon Market Watch welcomed the opportunity to share our views on Article 6.4 with negotiators. This document …
Read more “Carbon Market Watch note on selected Article 6.4 elements following SBSTA 56 call for submissions”
The conclusions on Article 6.2 from Subsidiary Body for Scientific and Technological Advice (SBSTA 56) invited observer organisations to make submissions on “any of the elements referred to in paragraphs 3, 6, 7 and 10 of decision 2/CMA.3 for consideration by the SBSTA.” Carbon Market Watch welcomed the opportunity to share our views on Article …
Read more “Carbon Market Watch note on selected Article 6.2 elements following SBSTA 56 call for submissions”
Two weeks of negotiations show governments are keen to get global carbon market mechanisms up and running, but much work lies ahead to ensure transparency, environmental integrity and respect for human rights.
This note presents recommendations on key points1 in Articles 6.2 and 6.4 up for negotiation during the UNFCCC’s 56th session of the subsidiary bodies (SB 56) from 6 to 16 June 2022 in Bonn, Germany. As a general note, while the main rules for the operation of market mechanisms in the Paris Agreement were agreed …
Read more “Carbon Market Watch recommendations to Article 6 negotiators for SB 56”
This note presents recommendations for consideration by Article 6 negotiators during the UNFCCC’s 56th session of the subsidiary bodies (SB 56) and beyond. The recommendations concern removals and permanence in the context of the Article 6.2 and 6.4 mechanisms. It is expected that this first set of recommendations will be further elaborated depending on how …
Read more “Carbon Market Watch recommendations to Article 6 negotiators on removals”
This note presents recommendations for consideration by Article 6 negotiators during the UNFCCC’s 56th session of the subsidiary bodies (SB 56) and beyond. The recommendations concern the establishment of an independent grievance body under Article 6. It is expected that this first set of recommendations will be further elaborated depending on how negotiations advance.
The rules governing carbon markets agreed at the COP26 in Glasgow have sparked significant interest and confusion. If you are among the perplexed, this handy Carbon Market Watch guide provides answers to frequently asked questions about Article 6 of the Paris Agreement.