This study assesses the effectiveness of carbon market grievance mechanisms of leading voluntary carbon market standards. While most voluntary carbon market standards have grievance mechanisms in place, most of them are opaque and do not properly describe their procedures.
The Corporate Climate Responsibility Monitor evaluates the transparency and integrity of companies’ climate pledges.
Commissioned by Carbon Market Watch and conducted by AlliedOffsets, this report explores the role of intermediaries in the voluntary carbon market. It seeks to determine how much of the money flowing through these markets reaches climate projects on the ground and how much is intercepted by intermediaries as fees and mark-up to fatten their profits. The report identifies a dearth of information on the details of carbon credit trades and a lack of transparency on the part of intermediaries.
Executive summary The 2022 FIFA World Cup in Qatar is being advertised as a “carbon neutral” event. This means that its net impact on the climate is zero or negligible. However, our investigation of the available evidence casts serious doubts on this claim, which likely underestimates the tournament’s true emissions levels and climate impact. This …
Read more “Poor tackling: Yellow card for 2022 FIFA World Cup’s carbon neutrality claim – Updated”
The beyond value chain mitigation (BCVM) approaches for eight European airlines, which were collectively responsible for over half of the total CO2e emissions of the aviation sector in the EU in 2019, were assessed in this study to provide insights with regards to both the extent and quality of efforts, beyond the value chain, to …
Read more “Scoping voluntary corporate climate action in the European aviation sector”
The European Union Emissions Trading System (EU ETS) is a central element of EU climate policy. The successful reform of the EU ETS is thus crucial for the implementation of the objectives of the European Green Deal. Reforms are required in the following four aspects of the EU ETS. The first aspect is …
The Corporate Climate Responsibility Monitor evaluates the transparency and integrity of companies’ climate pledges. Companies around the world are increasingly alert to the climate emergency. They face calls from a growing range of stakeholders to take responsibility for the impact of their activities. Most large companies now have public climate strategies and targets, many of …
Executive summary With fossil fuels being branded “carbon neutral” left and right, this Carbon Market Watch investigative report analyses 18 recent carbon neutrality claims in detail, uncovering that they amount to brazen greenwashing. These “carbon neutral” fossil fuel claims primarily concern liquefied natural gas (LNG) cargoes, with two relating to oil and condensate shipments. The …
Read more “Net-zero pipe dreams: Why fossil fuels cannot be carbon neutral”
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