CMW tour of Ghent port

Annual report 2023

In this annual report, we’ve compiled Carbon Market Watch’s highlights of 2023 and the successes we achieved. We could not have accomplished this without the talent, passion and dedication of our staff.

Annual report 2022

Foreword by Sabine Frank The top story of 2022 was, sadly, the Russian invasion of and war in Ukraine. Beyond the emotional toll of watching the human cost of warfare, it had an impact on CMW’s work, too. The EU’s imposition of sanctions on Russia and its quest to gain energy independence from Moscow, sent …

Annual Report 2021

Foreword In many ways, 2021 was a year of pivotal moments that set the stage for CMW’s work to come. In July, the European Commission announced the Fit for 55 package. The CMW team eagerly awaited the press conference, which started with a two-hour delay because some Commissioners had reservations about the package until the …

Annual Report 2020

Foreword That 2020 was an exceptional year is to state the obvious, just as terrible human impacts of the Covid-19 pandemic are painfully still continuing in Europe and across the world, however unevenly. It is not to minimise these negative impacts so much as to strengthen our efforts to move towards a genuinely sustainable form …

Annual Report 2019

Foreword 2019 was an exciting and full year for Carbon Market Watch (CMW). On the wings of the global youth movement asking for better climate protection, the issue of climate change gained prominence it had never achieved before. It was finally brought to the attention of policymakers in a manner that will hopefully be sustained …

Annual Report 2018

Foreword Carbon markets can work well if designed well. However, as Carbon Market Watch has shown time and again, the technical details of how they are designed determine whether they will result in real emissions reductions or reductions just on paper. Carbon markets are complex and opaque, shielding policy-makers from the public eye while industries …

Annual Report 2017

Foreword 2017 was another busy year for Carbon Market Watch with reforms to the oversupplied European Emissions Trading System (EU ETS), the rise of new carbon markets, and concerted first steps to end offsetting mechanisms like the Clean Development Mechanism (CDM). As the world permanently passes the 400ppm CO2 threshold, pressure is growing to find real solutions …

Annual Report 2016

FOREWORD 2016 was a year that shook the world and the European Union in particular. The new hope for multilateral climate cooperation under the 2015 Paris agreement received a blow with the election of a climate denier to the White House. The European Union, as an ongoing project for peace and prosperity, was shaken by a Brexit referendum …

Annual Report 2015

FOREWORD 2015 was a watershed moment in the global fight against irreversible climate change. Ever since the industrial revolution and the carbon surge that followed, time has not been on our side. With consequences of global warming on our planet already changing our weather systems, predictions suggest our output of CO2 into the atmosphere will not peak until …

Annual Report 2014

FOREWORD After the G7 summit and in the run-up to the Paris COP21, climate issues are back high on the global agenda. A decarbonised global economy until the end of the century – G7 leaders almost sound like NGOs. When everybody claims to be in favour of climate protection, it is difficult to get a clear picture of …