By the book: How effective are Article 6 carbon market rules?
This report evaluates the effectiveness of the Article 6 rulebook against four key criteria: the quality, transparency, accountability, and equity.
This report evaluates the effectiveness of the Article 6 rulebook against four key criteria: the quality, transparency, accountability, and equity.
Carbon Market Watch welcomes the Call for Input for the annotated agenda and related annexes of the next meeting of the Article 6.4 Supervisory Body. We would hereby like to submit input on A6.4-SB010-AA-A04 – Draft procedure: Appeal and grievance processes under the Article 6.4 mechanism. For a grievance process, it is of utmost importance …
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 …
Following the technical deadlock and glacial pace of progress at the Bonn climate conference, negotiators need to get their act together before COP28. Climate commitments should shape the further development of carbon markets under Article 6 of the Paris Agreement, otherwise the environment and society will lose out.
To ensure that the new carbon market under Article 6 of the Paris Agreement benefits the climate and society, the supervisory authority set up to govern it must get the rules absolutely right. That is why Carbon Market Watch submitted a set of recommendations.
Two weeks of negotiations show governments are keen to get global carbon market mechanisms up and running, but much work lies ahead to ensure transparency, environmental integrity and respect for human rights.
Carbon removals will become a vital tool for reducing carbon concentrations in the atmosphere but only massive cuts in emissions will give humanity a fighting chance of keeping global heating to 1.5°C or below, says the UN’s Intergovernmental Panel on Climate Change (IPCC). The latest IPCC report, which was released in April, outlines various pathways …
Read more “Carbon removals are no substitute for deep emissions reductions, warns IPCC”
Editorial It’s been two years since the Paris climate deal was signed, and governments are busy working on the rules to put it into practice. Ahead of the UN Climate Change Conference in Bonn next week, we take a look at what is needed to ensure that international carbon markets increase climate ambition. Shipping is …
For the world to reach the necessary ambition to achieve our climate commitments under the Paris Agreement, which would keep average global temperature rises well below 2°C and even 1.5°C, the EU, led by the European Commission, must start supporting efforts to tackle vested interests within the United Nations Framework Convention on Climate Change (UNFCCC). We, …
Read more “Letter: EU must support tackling vested interests at UN climate talks”