Rating the raters: Assessing the quality of carbon credit rating agencies
This briefing provides Carbon Market Watch’s analysis and recommendations related to the ‘Assessing and comparing carbon credit rating agencies’ report.
Does carbon offsetting do more harm than good?
After years of campaigning by activists, the tide is finally turning on the idea of companies buying carbon credits to compensate for their emissions. But how exactly is carbon offsetting harmful and what’s the alternative?
New carbon market code of practice discourages companies from greenwashing
Guidance on the use of carbon credits by private companies published today by the Voluntary Carbon Market Integrity Initiative (VCMI) is a step in the right direction to rein in greenwashing. The proposed set of rules forms a welcome basis to move the conversation forward but more attention should be given to how companies can contribute to climate action outside of carbon markets.
CMW input for South Pole consultation on corporate claims for Funding Climate Action
Carbon Market Watch submitted feedback and input for the South Pole consultation related to funding climate action. We analysed recommendations for the voluntary carbon market and added further comments for the South Pole approach and the carbon neutrality claims.
Carbon copy: Draft European Parliament report fails to correct faulty carbon removals framework
The European Parliament Environment Committee’s rapporteur has preserved most of the defects in her draft report reacting to the European Commission’s proposed Carbon Removal Certification Framework. The draft report, composed by MEP Lídia Pereira of the European People’s Party, contains many small improvements compared with the European Commission’s original proposal for a Carbon Removal Certification …
CMW input for FTC consultation on “Green Guides”
Carbon Market Watch provided feedback and input to the Federal Trade Commission’s (FTC) consultation on the potential revision of its “Green Guides”.
Gold Standard consultation: Early coal plant retirement
Carbon Market Watch provided feedback and input to a public consultation organised by Gold Standard, focusing on Gold Standard’s methodology for the early phasing out of coal-fired thermal power plants and their replacement with renewable energy generation plants. Due to issues with determining additionality and the many uncertainties of the energy market, CMW advises against …
Read more “Gold Standard consultation: Early coal plant retirement”
Integrity Council’s new carbon market rules offer improvements but don’t close all loopholes
The Integrity Council for the Voluntary Carbon Market has just released a set of new rules which seek to boost the quality of carbon credits for offsetting but ignore other issues with the market. While this is an improvement on current practices, the problematic concept of offsetting itself must be abandoned. As part of its …
Assessing the robustness of carbon market grievance mechanisms
This study assesses the effectiveness of carbon market grievance mechanisms of leading voluntary carbon market standards. While most voluntary carbon market standards have grievance mechanisms in place, most of them are opaque and do not properly describe their procedures.
