COP27: Make or break time for putting the brakes on the climate crisis

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. Two years into the make or break decade for the climate, COP27 is a …

Governments must slash emissions, not ambition

As Carbon Market Watch prepares to attend the COP27 climate conference in Sharm el-Sheikh, we urge the international community to commit to far more ambitious climate action. Negotiators must design effective and fair carbon markets under Article 6 that complement rather than replace rapid and massive emissions reductions. The COP27 climate conference in Sharm el-Sheikh (6-18 November …

COP27 FAQ: Article 6 of the Paris Agreement explained

The rules governing carbon markets agreed at the COP26 in Glasgow need to be translated into functioning and effective mechanisms at COP27 in Sharm el-Sheikh. This handy Carbon Market Watch guide explains Article 6 of the Paris Agreement, how it works and main the issues at stake.

Carbon Market Watch note on selected Article 6.4 elements following SBSTA 56 call for submissions

The conclusions on Article 6.4 from Subsidiary Body for Scientific and Technological Advice (SBSTA 56) invited observer organisations to make submissions on “any of the elements referred to in decision 3/CMA.3, paragraph 7, for consideration by the SBSTA.” Carbon Market Watch welcomed the opportunity to share our views on Article 6.4 with negotiators. This document …

Carbon Market Watch note on selected Article 6.2 elements following SBSTA 56 call for submissions

The conclusions on Article 6.2 from Subsidiary Body for Scientific and Technological Advice (SBSTA 56) invited observer organisations to make submissions on “any of the elements referred to in paragraphs 3, 6, 7 and 10 of decision 2/CMA.3 for consideration by the SBSTA.” Carbon Market Watch welcomed the opportunity to share our views on Article …

Carbon Market Watch recommendations to Article 6 negotiators on removals

This note presents recommendations for consideration by Article 6 negotiators during the UNFCCC’s 56th session of the subsidiary bodies (SB 56) and beyond. The recommendations concern removals and permanence in the context of the Article 6.2 and 6.4 mechanisms. It is expected that this first set of recommendations will be further elaborated depending on how …