Climate Plan Implementation Report 2024

Carbon Market Watch (CMW) reports an estimated 2024 GHG footprint of 39.37 tCO2eq, overshooting its retrospective annual target of 22.61 tCO2eq by 74%. The organization's emissions increased from 34.03 tCO2eq in 2023, primarily due to aviation. Scope 2 emissions, largely from remote work and office energy, are the largest source, while aviation is the second largest. CMW has fully implemented several operational policies regarding ground travel, catering, and sustainable procurement, and maintains an internal carbon levy that raised 3,543 in 2024 to support climate advocacy in the global south.

• Carbon Market Watch's estimated greenhouse gas emissions for 2024 were 39.37 tCO2eq, which is a 74% overshoot of its retrospective annual target of 22.61 tCO2eq.
• The organization's total emissions increased in 2024 compared to 2023, rising from 34.03 tCO2eq to 39.37 tCO2eq, largely driven by an increase in aviation-related emissions.
• Scope 2 emissions are the most significant source of CMW's footprint, totaling 95.08 tCO2eq between 2019 and 2024, with remote-working emissions estimated at 22.68 tCO2eq in 2024 alone.
• Aviation emissions are the second-largest source of emissions, totaling 12.24 tCO2eq in 2024, with the majority (10.68 tCO2eq) resulting from staff attending COP29 in Baku, Azerbaijan.
• CMW has set a target to reduce gross CO2 emissions by 60% by 2030 compared to a 2019 baseline of 31.09 tCO2eq, without using market-based instruments, though the organization expresses low confidence in meeting this goal.
• The organization implements an internal carbon pricing mechanism that increases by 10 each year from a 2019 base of 40/tCO2e; in 2024, this levy generated 3,543, which was donated to Climate Action Internationals regional nodes fund.

APA

Faecks, B., Dossi, F., Crook, J., & Frank, S. (2024). Climate Plan Implementation Report 2024. Carbon Market Watch. https://carbonmarketwatch.org/wp-content/uploads/2026/04/2024-Report-on-CMW-Climate-Plan-implementation-2-combined.pdf

Chicago

Faecks, Benja, Federica Dossi, Jonathan Crook, and Sabine Frank. Climate Plan Implementation Report 2024. Carbon Market Watch, 2024. https://carbonmarketwatch.org/wp-content/uploads/2026/04/2024-Report-on-CMW-Climate-Plan-implementation-2-combined.pdf.

Wikipedia

{{cite report |last1=Faecks |first1=Benja |last2=Dossi |first2=Federica |last3=Crook |first3=Jonathan |last4=Frank |first4=Sabine |title=Climate Plan Implementation Report 2024 |publisher=Carbon Market Watch |date=2024 |url=https://carbonmarketwatch.org/wp-content/uploads/2026/04/2024-Report-on-CMW-Climate-Plan-implementation-2-combined.pdf |access-date=23 October 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{faecks2024climate, author = {Faecks, Benja and Dossi, Federica and Crook, Jonathan and Frank, Sabine}, title = {{Climate Plan Implementation Report 2024}}, institution = {Carbon Market Watch}, year = {2024}, url = {https://carbonmarketwatch.org/wp-content/uploads/2026/04/2024-Report-on-CMW-Climate-Plan-implementation-2-combined.pdf}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }