This guide gives an introduction to the current state of international carbon credit markets. It lays out key elements of the newly established markets under the Paris Agreement, and the functioning of the voluntary carbon market, which operates outside of the UN system. It concludes with a discussion of the role of these mechanisms in climate action, and how they should and should not be used.
Rating agencies are considered to play a valuable role in assessing the quality of credits in the voluntary carbon market (VCM), but do they? Our latest report sheds light on their performance.
Prepared for the Bonn Climate Change Conference 5-15 June 2023 Carbon Market Watch welcomes the opportunity to provide input to the discussions on matters relating to Article 6.2 (plus one in 6.4) of the Paris Agreement ahead of the UNFCCC’s 58th session of the subsidiary bodies. Sequencing and timing ● A step-wise process consisting of clearly …
Read more “Recommendations for the key topics under Article 6 of the Paris Agreement ”
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Scroll down for French and Spanish As we are approaching the Paris climate negotiations, several major discussion items remain at the centre stage of the discussion, such as how to design the ambition mechanism, how to accelerate finance, and what role will loss & damage play. However, since the latest Bonn negotiations, several proposals regarding …
Read more “WATCH THIS! NGO Newsletter #13: A glimpse at the future of carbon markets”
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