Why carbon offsetting undermines climate targets – Joint NGO statement

In this joint statement, 80 civil society organisations, including Carbon Market Watch, express their opposition to the use of carbon credits for offsetting purposes and the recent move towards relaxing rules surrounding indirect scope 3 emissions, such as the recent controversy at the Science-based Targets initiative (SBTi). Climate targets must focus primarily on the reduction …

Open letter on the use of carbon credits to meet scope 3 GHG targets

This joint letter urges the Voluntary Carbon Markets Integrity Initiative (VCMI), the Science Based Targets initiative (SBTi) and the Greenhouse Gas Protocol to refrain from granting companies the “flexibility” to offset a portion of their scope 3 (indirect value chain) emissions. “This approach is counterproductive, and largely backed by actors with direct financial interests in …

CMW inputs to the Article 6.4 Supervisory Body after its 8th meeting: Appeal and grievance processes

For the Article 6.4 grievance process, where it is of utmost importance that it is designed by and with those who will be engaging with it, more input is essential to ensure it works for rather than against its users. Carbon Market Watch urges the Supervisory Body to reopen its Call for Input, as well as to actively seek input from IPLCs and other rightsholders as part of a structured consultation.

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Open letter on separate targets in 2040 climate framework

Letter sent to the European Commission by 121 academics, businesses, civil society organisations and research institutions urging the EU to separate emissions reductions, land-based sequestration and permanent carbon removals in the EU’s post-2030 climate framework. This separation should be at the heart of both the setting and the implementation of the 2040 target and associated …