The voluntary carbon market (VCM) is often championed as a key tool for combating climate change and funding climate mitigation projects, especially in economically disadvantaged regions like Africa. Despite Africa’s minimal contribution to global greenhouse gas emissions, the continent is heavily impacted by climate change. Recently, the number of VCM projects on the continent has increased …
Read more “Due south: Geographic disparity of project actors in the voluntary carbon market”
Whilst REDD+ credits have been the subject of intense media and civil society scrutiny, the same cannot be said of renewable energy projects, which are plagued by similar issues when used for offsetting, yet manage to hide in plain sight. Serious concerns exist regarding the use of renewable energy projects to generate carbon credits. Those …
Read more “Hidden in plain sight: Flawed renewable energy projects in the voluntary carbon market”
Occidental Petroleum (Oxy) has positioned itself as a global leader in direct air capture, carbon capture and utilisation, and enhanced oil recovery. In ambiguous messaging, the oil and gas company depicts these processes as both an effective tool for tackling the climate crisis and as a mechanism for extending business as usual fossil fuel production and consumption for decades to come.
Tous les quatre ans, le monde se réunit pour célébrer l’événement sportif le plus important, les Jeux olympiques. Les records démontrant les plus grandes performances athlétiques humaines sont battus et célébrés à juste titre, mais alors que l’humanité continue de battre des records de température mondiale beaucoup moins convoités, le rôle des méga-événements doit être mis en évidence, et des cadres organisationnels meilleurs et plus responsables devraient monter sur la plus haute marche du podium.
The world comes together once every four years to celebrate its pinnacle sporting event, the Olympic games. Records demonstrating the greatest human athletic achievements are broken and rightly celebrated, but as humanity continues to smash much less coveted records of global temperatures, the role of mega events has to be highlighted, and better, more responsible organisational frameworks should top the podium.
This analysis assesses the public availability of project documentation across the four main voluntary carbon market registries: Verified Carbon Standard (VCS), Gold Standard (GS), American Carbon Registry (ACR), and the Climate Action Reserve (CAR). These standards were selected as they collectively issue the majority of the world’s (voluntary market) carbon credits.
Carbon Market Watch presents a unique, first-of-its-kind report pairing EU ETS account holders (and their installations) to their parent companies, assessing the highest level of private ownership possible. This report presents an overview of which companies have the biggest carbon footprint in the EU, who received the most free pollution permits, and which sectors are not delivering on their decarbonisation promises.
In this report Carbon Market Watch analyse the role and implementation of carbon removals in climate policies across 20 jurisdictions spanning global, EU, national and sub-national levels.
The report is focused on the four crediting methodologies that have generated almost all REDD+ carbon credits to date, all under Verra, the largest voluntary carbon market registry, and concludes that REDD+ is ill-suited to carbon crediting.
This report qualitatively assesses the robustness and reliability of evaluations of carbon credit quality by selected carbon credit rating agencies.
