Article 6 of the Paris Agreement sets out the principles for carbon markets. At COP29, governments must fix all the outstanding issues so as to ensure that Article 6 advances, rather than sets back, the climate agenda. This detailed guide explains what is at stake.
Despite huge revenue generated on the field at Euro 2024, off it, UEFA’s climate funding is not scoring as many goals as it could. Yet, it’s leagues ahead of FIFA’s poor performance
From Massive Attack to Billie Eilish and Coldplay, musicians are banding together to address climate change, with varying degrees of success At Carbon Market Watch, we have investigated the climate impact of mega sporting events. Mega not only in their public appeal but in their climatic impact. Our reports analysing the carbon footprints of both …
Read more “Banding together: How your favourite musical artists are tuning into the climate crisis”
Space has become the final frontier for tourism. But is it responsible during a climate crisis for the super-rich to play billionauts and boldly go where no billionaire has gone before in search of a Planet B? Tech billionaire and pioneering space tourist Jared Isaacman is back and he is on a mission to boldly …
Read more “Billionauts’ space tourism and Mars fantasies need to be pulled back to Earth”
Fresh evidence published by the Science Based Targets initiative (SBTi) confirms the unsuitability of carbon offsetting to meet emissions targets, echoing the findings of a new Carbon Market Watch study that casts doubt over the fairness of financial flows in the voluntary carbon market (VCM).
The banking sector’s anticipated upswing in investment in the voluntary carbon market has failed to materialise, new research reveals.
As Euro 2024 kicks off, the tournament has been caught offside with some of its climate claims. UEFA must do better to tackle its carbon footprint.
Our investigation into Occidental Petroleum’s heavy investment, including taxpayers’ money, in untested direct air capture reveals the huge dangers involved in misusing carbon removals as a substitute for genuine climate action.
The net-zero strategy of Occidental Petroleum (Oxy) relies heavily on unproven carbon removal technologies to camouflage its fossil fuel emissions and those of its customers while expanding its oil and gas production, a new investigation reveals.
Carbon Market Watch strongly condemns the SBTi Board of Trustees’ announcement to recognise carbon credits as a way to “abate” scope 3 emissions. These indirect, value chain emissions usually make up the lion’s share of a company’s carbon footprint.
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