Plant in cup with coins

New CMW study and SBTi assessment highlight risks associated with carbon offsetting

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).

Going for green: Is the Paris Olympics winning the race against the climate clock?

Aware of the impact of the games on the climate and of record temperatures on the games, organisers of the Paris games have pledged to break records when it comes to reducing the impact of this mega event on the planet. ‘Going for Green’, a Carbon Market Watch and éclaircies report assessing the credibility of these plans reveals that if completely implemented, only 30% of the expected carbon footprint is covered by a robust climate strategy.

Skyscrapers

2030 climate targets of over 50 top corporations significantly off track to keep within 1.5°C limit

At a time when global carbon emissions need to be almost halved by 2030, 51 major corporations’ climate commitments amount only to reducing their median carbon footprint by as little as 30%, reveals the 2024 Corporate Climate Responsibility Monitor. Tighter regulations from governments are needed to raise the bar, both for companies which are taking insufficient action, and those who are not doing anything at all.