To ensure that the new carbon market under Article 6 of the Paris Agreement benefits the climate and society, the supervisory authority set up to govern it must get the rules absolutely right. That is why Carbon Market Watch submitted a set of recommendations.
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. The most recent UN climate change conference wrapped on Thursday, concluding two weeks of negotiations on a number of subjects including the implementation …
Carbon removals will become a vital tool for reducing carbon concentrations in the atmosphere but only massive cuts in emissions will give humanity a fighting chance of keeping global heating to 1.5°C or below, says the UN’s Intergovernmental Panel on Climate Change (IPCC). The latest IPCC report, which was released in April, outlines various pathways …
Read more “Carbon removals are no substitute for deep emissions reductions, warns IPCC”
Editorial It’s been two years since the Paris climate deal was signed, and governments are busy working on the rules to put it into practice. Ahead of the UN Climate Change Conference in Bonn next week, we take a look at what is needed to ensure that international carbon markets increase climate ambition. Shipping is …
For the world to reach the necessary ambition to achieve our climate commitments under the Paris Agreement, which would keep average global temperature rises well below 2°C and even 1.5°C, the EU, led by the European Commission, must start supporting efforts to tackle vested interests within the United Nations Framework Convention on Climate Change (UNFCCC). We, …
Read more “Letter: EU must support tackling vested interests at UN climate talks”
The United Nations climate conferences bring together governments, academics, civil society, media and many others regularly to discuss climate change in the context of the UN Framework Convention. The next meeting takes place 6-17 November in Bonn. At the same time, behind closed doors without public scrutiny, the UN aviation body meets to decide on …
Read more “Time for ICAO to open its climate change black box”
The UN’s climate talks continue from 6 to 17 November 2017 in Bonn, Germany. Under the Presidency of Fiji, climate negotiation will address how the Paris Agreement is to be implemented, a pre-curser to further discussion in 2018 on the agreement’s rule book. Open questions remain on the role carbon markets will play in keeping …
Last year, states created an offsetting scheme to compensate for aviation’s pollution growth above 2020 levels. The Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA) is supposed to contribute to the temperature goals of the Paris Agreement. However, compensating for growing emissions does not reduce emissions overall, nor put the sector on a pathway to do so. ICAO will finalize details for the CORSIA by the end of 2017. Crucial elements include the type of credits allowed, registry design, and Monitoring, Reporting and Verification (MRV) rules.
Prepared for the Bonn Climate Change Conference 8 – 18 May 2017 International aviation and shipping emissions, referred to as bunkers emissions, are principally dealt with under the UN processes of the International Civil Aviation Organization (ICAO) and the International Maritime Organization (IMO) respectively. However, they also significantly interact with the Paris Agreement. International emissions …
Brussels 19 April 2017. The European Commission has released a new study showing major flaws in carbon offsets from the Clean Development Mechanism (CDM). As countries flesh out the rules to implement the Paris Agreement, Carbon Market Watch calls for an end to the scheme, and a shift away from offsetting as a climate policy …
Read more “New study adds urgency to end UN carbon offsetting scheme”
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