COP27: Make or break time for putting the brakes on the climate crisis

Under the shadow of the worsening climate crisis, COP27 kicks off early next week. We’ll be there to influence the conversations on global carbon markets as much as we can, guided by our vision of a socially just and decarbonised future. Two years into the make or break decade for the climate, COP27 is a …

Governments must slash emissions, not ambition

As Carbon Market Watch prepares to attend the COP27 climate conference in Sharm el-Sheikh, we urge the international community to commit to far more ambitious climate action. Negotiators must design effective and fair carbon markets under Article 6 that complement rather than replace rapid and massive emissions reductions. The COP27 climate conference in Sharm el-Sheikh (6-18 November …

COP27 FAQ: Article 6 of the Paris Agreement explained

The rules governing carbon markets agreed at the COP26 in Glasgow need to be translated into functioning and effective mechanisms at COP27 in Sharm el-Sheikh. This handy Carbon Market Watch guide explains Article 6 of the Paris Agreement, how it works and main the issues at stake.

Scale vs integrity: The impossibility of developing a large market of high quality carbon offsets

Voluntary carbon market standards promising tonne-for-tonne compensation and exact measurement of impact are attempting to square the circle, argues Gilles Dufrasne. One solution is to drop offsetting claims and offer credits as financial contributions to climate action. Last week marked the closing of the public consultation on quality criteria for carbon credits by a new …

July newsletter editorial: Keeping hope alive for 1.5

The EU’s recent failure to rise to the unprecedented challenge presented by the climate emergency should not lead us down the path to cynicism but must prod us to redouble our efforts to bring about meaningful change,