The Role of International Carbon Markets in a Decarbonising World

The document argues that as countries set long-term decarbonisation targets, the use of international offsets must shift from offsetting continued emissions to supplementing rapid domestic reductions. It warns that misuse of offsets could allow developed countries to maintain 'business as usual' emissions patterns while claiming net-zero targets.

• The function of international offsets must evolve from supporting existing emission trends toward a model that prioritises the rapid avoidance and reduction of all possible emissions and the removal of carbon from the atmosphere.
• For countries selling offsets, long-term strategies are necessary to determine which emission reductions are required to meet their own national targets to prevent the risk of overselling and to identify technologies requiring international support.
• For countries purchasing offsets, such mechanisms should only be used as an addition to the fastest technically feasible domestic decarbonisation pathway; otherwise, net-zero targets may be used to mask continued emissions.

APA

NewClimate Institute (2019). The Role of International Carbon Markets in a Decarbonising World. http://www.newclimate.org/resources/publications/the-role-of-international-carbon-markets-in-a-decarbonising-world

Chicago

NewClimate Institute. The Role of International Carbon Markets in a Decarbonising World. 2019. http://www.newclimate.org/resources/publications/the-role-of-international-carbon-markets-in-a-decarbonising-world.

Wikipedia

{{cite report |author=NewClimate Institute |title=The Role of International Carbon Markets in a Decarbonising World |date=26 November 2019 |url=http://www.newclimate.org/resources/publications/the-role-of-international-carbon-markets-in-a-decarbonising-world |access-date=17 August 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{newclimateinstitute2019role, author = {{NewClimate Institute}}, title = {{The Role of International Carbon Markets in a Decarbonising World}}, institution = {NewClimate Institute}, year = {2019}, month = nov, url = {http://www.newclimate.org/resources/publications/the-role-of-international-carbon-markets-in-a-decarbonising-world}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }