Before the Article 6.4 Supervisory Body’s 10th meeting from 26 February to 1 March 2024, Carbon Market Watch prepared inputs on the draft document, “Concept note: Operation of the mechanism registry (v01.0)”. The mechanism registry will be a core part of the Article 6 infrastructure, and all activity- and unit-related data must be made accessible to …
23 January 2024 | 14:30 – 16:00 CET | ONLINE The EU’s Emissions Trading System (EU ETS) badly needs cleaning up. It needs to make heavy emitters pay a fair price for their immense carbon footprints and use that revenue to finance industrial decarbonisation and schemes that benefit society and the environment. Drawing on the …
Despite the wishful thinking of champions of carbon offsetting at COP28, the voluntary carbon market will only play a role in tackling the climate crisis with stricter standards and greater transparency.
How the absence of standard rules on benefit sharing arrangements hurts local communities and indigenous peoples How and to what extent are the benefits from carbon credit sales shared with those implementing the projects and the local communities where the projects are located? This is the question Öko-Institut investigated and the resulting report, commissioned by …
The Sharm el-Sheikh climate conference’s final deal on Article 6 opens the door to secret carbon market deals between countries with little oversight. On a positive note, a new type of carbon credit could help spell the end of offsetting, but the agreement falls far short of what is needed.
Under the shadow of the worsening climate crisis, COP27 kicks off early next week. We’ll be there to influence the conversations on global carbon markets as much as we can, guided by our vision of a socially just and decarbonised future.
Date and Time: 16:45-18:00 UK time, 09 November 2021. Location: Scottish Event Campus, Loch Lomond room (maximum capacity: 144 people). Watch online here. Background: Low-income countries have barely benefitted from United Nations Framework Convention on Climate Change (UNFCCC) flexible mechanisms. This COP26 side event will focus on solutions for the UNFCCC and voluntary carbon markets …
Read more “Can carbon markets benefit developing countries?”
What is the state of play of the talks on the Paris Agreement market mechanisms? How do we ensure that markets reduce emissions instead of shifting them around the globe? And that climate action drives sustainable development and benefits local communities? A Carbon Market Watch webinar on Monday 25th of November took a deep dive …
Read more “Can global carbon markets help us reach the Paris climate goals? “
As negotiations on the Paris Agreement rules approach the finish line, it will be important to ensure that future climate mitigation projects respect human rights and the environment. Ever since flood waters started to rise at the Barro Blanco hydro dam site on the Tabasará river in Panama, destroying agricultural lands, cultural sites, and numerous …
Read more “Learning from Barro Blanco: how to improve public participation in climate projects”
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