FAQ: Understanding the financial workings of the voluntary carbon market
Article 6 of the Paris Agreement sets out the principles for carbon markets. At COP28, governments will further develop the rules governing these markets.
Due South: Voluntary carbon market’s North-South inequality under the spotlight
Our latest report discusses how carbon credits from renewable energy projects are in oversupply and fail to deliver additional climate benefits
Why carbon offsetting undermines climate targets – Joint NGO statement
In this joint statement, 80 civil society organisations, including Carbon Market Watch, express their opposition to the use of carbon credits for offsetting purposes and the recent move towards relaxing rules surrounding indirect scope 3 emissions, such as the recent controversy at the Science-based Targets initiative (SBTi). Climate targets must focus primarily on the reduction …
Read more “Why carbon offsetting undermines climate targets – Joint NGO statement”
Not banking on carbon markets
The banking sector’s anticipated upswing in investment in the voluntary carbon market has failed to materialise, new research reveals.
No added value: Flaws of renewable energy carbon credits hidden in plain sight
Our latest report discusses how carbon credits from renewable energy projects are in oversupply and fail to deliver additional climate benefits
(E)mission improbable: Five weird and unworkable carbon offsetting ideas
What do camels, whales and breast-fed babies have in common? They’ve all been put forward as ways to offset emissions. We delve into some of the weirdest carbon crediting ideas and explain why they do not work for the climate.
Pricing the priceless: Lessons for biodiversity credits from carbon markets
Biodiversity markets are meant to channel private sector funding towards schemes that aim to conserve and restore biodiversity. In its current form, the unregulated funding schemes are reminiscent of the voluntary carbon market, which has a track record of supplying poor quality, cheap credits that inadequately transfer funds to the Global South.
CORSIA: Hot air carbon credits cannot offset polluting planes
The first carbon credits issued under the UN’s CORSIA offsetting scheme will do nothing to bring down the aviation sector’s sky high emissions.
Unforced Error: Assessing the climate actions of the men’s tennis tour
The jetsetting ideal of the men’s tennis tour is helping to push the climate towards break(ing) point. So if offsetting isn’t the fix that the ATP is hoping for what is?
FAQ: Carbon markets explained
Our latest FAQ has the answers to everything you always wanted to know about global carbon markets
