COP26: Half-baked carbon market rules fail to take heat off the climate

by Khaled Diab2050 climate strategies, Climate finance, Global markets, Human rights in climate action, Land use and forestry, National Energy and Climate Plans (NECPs)Posted on Comments are Disabled

After over five years of dithering and two weeks of intensive negotiations, the world’s governments settled on slimmed-down ground rules for carbon markets under the Paris Agreement’s Article 6. This deal will provide escape hatches for government and corporations seeking to renege on their climate responsibilities, in particular undermining the urgent emissions cuts needed in …

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COP26: The many shades of activism

by Sabine FrankGlobal markets, Human rights in climate actionPosted on Comments are Disabled

Emissions offsetting has drawn fresh fire from some activists for its patchy human rights and environmental record. At Carbon Market Watch, we are convinced that emissions trading, like it or not, is here to stay and so we must find a way to make it best serve communities and the climate. On day four of …

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How to get ‘Fit for 55’ in shape for the climate emergency

by Agnese Ruggiero2050 climate strategies, Decarbonising European industry, EU carbon market, Human rights in climate action, Sustainable development, The EU Green Deal and Climate LawPosted on Comments are Disabled

Some EU governments believe the ‘Fit for 55’ package is too ambitious but, in reality, it is not ambitious enough. More action is needed today because tomorrow will be too late to avoid catastrophic global warming, write Agnese Ruggiero and Andrew Marshall. This week, European environment ministers met in Luxembourg to discuss the draft ‘Fit …

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September editorial: Seeking common ground on the climate crisis

by Sabine FrankCarbon dioxide removals, Decarbonising European industry, EU carbon market, Global markets, Human rights in climate action, The EU Green Deal and Climate LawPosted on Comments are Disabled

The European Emissions Trading System covers almost half of Europe’s climate problem, but it occupies only a fraction of the public mind. We’ve teamed up with a dozen other NGOs in Europe for the Emissions Trading eXtra (ETX) project to shine a floodlight on the ETS and its future, as well as to tilt up …

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International carbon markets at the frontier to the wild west

by Gilles DufrasneGlobal markets, Human rights in climate actionPosted on Comments are Disabled

The failure to agree on rules for international carbon markets at COP 25 has been a victory for some and a disaster for others. Looking at it pragmatically, it was very much a “disaster averted” outcome since the rules on the table would have legitimised the use of markets riddled with loopholes. Far from ideal, …

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TIME FOR ACTION!!

by Andrew CoileyAviation, Decarbonising European industry, Global markets, Human rights in climate action, Sustainable developmentPosted on Comments are Disabled

Scroll down for French and Spanish Welcome to this latest edition of the WT! (Watch This!). In this edition we bring you campaign updates from COP25 in Madrid, Spain and actions from around the globe to sound the alarm bells on the climate crisis.   Carbon Markets @ COP25  Negotiations on carbon markets have moved slow …

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Indian perspective of COP25

by Kaisa AmaralGlobal markets, Human rights in climate action, Sustainable developmentPosted on Comments are Disabled

Scroll down for French and Spanish An interview with Falguni Joshi (CMW member from Gujarat, India Q1: Can you describe what you/your organisation is working on? I have been working on environmental issues since 1997, especially strengthening people’s participation in environmental decision-making processes, creating awareness, raising material on environmental issues, disseminating knowledge about climate change …

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