CMW recommendations on European Climate Law amendment

This document contains Carbon Market Watch’s feedback to the European Commission’s proposal to amend the European Climate Law. It analyses the challenges and shortcomings of the proposal and makes a series of recommendations to remedy them.

Are Article 6 carbon market rules fit for purpose?

In our latest report, we assessed the strengths and weaknesses of the finalised Article 6 rulebook and found so many holes, it’s like a sieve. At the COP29 climate conference in Baku, countries concluded nine years of negotiations and finalised the rulebook for United Nations carbon markets under Article 6 of the Paris Agreement. Since …

CRCF Draft on Permanent Carbon Removals Lacks Scientific and Environmental Integrity

On behalf of an NGO Carbon Removals Expert Group, CMW’s Wijnand Stoefs took to the floor at an European Commission meeting to explain why proposed draft methodologies for the EU Carbon Removals and Carbon Farming regulation are lacking scientific and environmental integrity.

Proposals disappointingly push political interests to the front, while scientific and environmental concerns take a back seat.

Target

Flexibilities in 2040 target risk breaking the EU carbon market – study

The EU’s Emissions Trading System is essential to meeting the European Union’s 2040 climate target. Watering the EU ETS down with international carbon credits or carbon removals will prove fatal, concludes a study commissioned by Carbon Market Watch. Under pressure from industry and pro-business stakeholders, the European Commission has been toying with ways to water …

Fit for 2040

The EU’s Emissions Trading System is essential to meeting the European Union’s 2040 climate target. Watering the EU ETS down with international carbon credits or carbon removals will prove fatal, concludes this study