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922 documents from Carbon Market Watch
How can the EU’s largest climate tool spur Europe’s low-carbon transition?
The document critiques the EU's Effort Sharing Regulation (ESR) proposal for 2021-2030, arguing that the 30% emission reduction target is insufficient and that proposed flexibilities and inaccurate baselines could undermine the environmental integrity of the transition.
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Document type: Policy brief
Open letter to EU Transport and Climate Commissioners on the EU position ahead of 39th ICAO General Assembly
The International Coalition for Sustainable Aviation (ICSA) warns the EU against prioritizing the breadth of participation in the ICAO Global Market Based Mechanism (GMBM) over environmental integrity. The letter argues that without safeguards against double-counting and low-quality offsets, the GMBM will fail to address aviation emissions. It calls for the EU to make its commitment to the GMBM contingent on the inclusion of transparency and environmental safeguards, drawing on the EU's own experience with the Union registry and the Paris Agreement.
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Document type: Statement
Carbon Leakage Mythbuster: Finland / Suomi
The document argues that free pollution permits intended to prevent carbon leakage have instead generated significant windfall profits for Finnish corporations while depriving the government of substantial auctioning revenues.
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Document type: Policy brief
Open letter calling Panama’s Environment Minister for the withdrawal of Barro Blanco’s registration under the Clean Development Mechanism
An open letter from 80 organizations requests the withdrawal of the Barro Blanco hydroelectric project from the Clean Development Mechanism (CDM). The authors argue that the project violates international human rights standards and Panamanian law, specifically regarding the right to free, prior and informed consent of the Ngäbe indigenous people, whose lands and sacred sites are being flooded.
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Document type: Statement
The 2030 Effort Sharing Regulation
The 2030 Effort Sharing Regulation (ESR) is a central EU tool covering approximately 60% of total greenhouse gas emissions, specifically targeting the transport, buildings, agriculture, and waste sectors. While the proposal aims for a 30% reduction in non-ETS emissions by 2030 compared to 2005 levels, Carbon Market Watch argues that this target is insufficient and threatened by various 'loopholes'. These include the use of ETS allowances and LULUCF forestry credits to offset emissions, as well as an inflated starting point based on 2016-2018 average emissions rather than 2020 targets. The brief recommends increasing the 2030 non-ETS target to 45%, implementing five-yearly ratchet mechanisms, and prohibiting the use of forestry and ETS credits to ensure environmental integrity.
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Document type: Policy brief
Letter to Commissioner Cañete: EU LULUCF proposal has repercussions beyond the EU
The document argues that the EU's LULUCF proposal should establish a separate target for soils and forests to prevent carbon sequestration from being used to offset industrial emissions. It emphasizes the need for improved accounting rules, safeguards for bioenergy, and the protection of ecosystem integrity and food security, particularly for indigenous peoples and small-scale farmers.
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Document type: Statement
Letter to President Juncker on LULUCF and starting point in the non-ETS sectors
The letter advocates for raising the EU's non-ETS emission reduction target from -30% to beyond -45% by 2030. It proposes that the starting point for the instrument be based on actual 2016-2018 emissions to avoid 850 million tons of CO2, and argues that carbon removals from land use and forestry (LULUCF) should supplement, rather than replace, emission reductions in existing sectors.
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Document type: Statement
EU's largest climate tool must be strengthened to deliver on Paris Agreement
Carbon Market Watch and Transport & Environment criticize a European Commission proposal for 2021-2030 emission targets, stating that 'flexibilities' regarding forestry credits and ETS allowances could reduce actual emission cuts from 30% to 27%. They further argue that basing starting points on average 2016-2018 emissions rewards countries failing to meet 2020 targets by inflating their carbon budgets.
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Document type: Statement
Submission to annotated agenda for the 90th CDM Executive Board meeting 18-22 July 2016 Germany
Carbon Market Watch urges the CDM Executive Board to establish a grievance mechanism to align with the Cancun and Paris Agreements and to improve the sustainable development co-benefits tool by allowing direct stakeholder input. The submission also advocates for local stakeholder consultation guidelines for Designated National Authorities (DNAs) to be based on international human rights law and the principle of free, prior and informed consent.
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Document type: Statement
Why LULUCF cannot ensure that bioenergy reduces emissions
The document challenges the assumption that bioenergy is carbon-neutral, noting that LULUCF accounting cannot independently guarantee emission savings. It recommends an EU-wide cap on bioenergy, the exclusion of high-risk biomass sources, and a 'net-net' accounting approach for forest management emissions to ensure real climate benefits.
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Document type: Policy brief
Letter to FMO DEG on their response to the situation concerning Barro Blanco in Panama
A coalition of organizations calls on FMO and DEG to address human rights failures and environmental damage caused by the Barro Blanco dam project in Panama, specifically regarding 'test flooding' conducted without community consultation or Free, Prior and Informed Consent (FPIC).
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Document type: Statement
UK referendum must not derail EU climate policy
Green NGOs call on the European Commission to publish the Effort Sharing Decision on 20 July to maintain EU climate leadership and implement the Paris Agreement. They argue that the 2030 targets for sectors not covered by the ETS—including transport, buildings, and agriculture—must be upheld. The statement also warns against using forestry credits as loopholes to avoid reductions in other sectors.
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Document type: Statement
Petition on Barro Blanco: Don't evict Ngäbe families for the Barro Blanco dam
The document is a petition signed by over 105,000 people urging the Panamanian government to stop the forced eviction of approximately 270 Ngäbe indigenous people to make way for the Barro Blanco dam. It highlights that the project threatens to flood six hectares of indigenous territories, including homes, schools, and cultural sites. Despite the concessionary, GENISA, being fined $775,000 in September 2015 for failing to reach agreements with stakeholders, the government has allowed construction to proceed by declaring the project a matter of national interest.
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Document type: Statement
Making the EU ETS future-proof: some tips for environment ministers
Carbon Market Watch asserts that the proposed 2.2% annual emission reductions in the EU ETS are inadequate to meet the 2°C or 1.5°C warming targets, potentially leading to 2 billion tonnes more CO2 than the EU's Paris pledge. The briefing highlights that carbon prices remain too low to drive decarbonisation and that free permit allocations have allowed heavy polluters to profit, with over 24 billion euros made between 2008 and 2014. To address these failures, the author recommends steeper emission cuts, phasing out free allowances, and ensuring the next trading period starts at actual emission levels.
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Document type: Briefing
Letter to VP Sefcovic and Commissioners Bulc and Arias-Cañete on ICAO Global Market Based Measure
A coalition of European NGOs calls on the EU to intervene in ICAO negotiations to prevent the weakening of the Global Market Based Measure (GMBM). The authors demand the resolution of exemptions through fair differentiation, a strict 2020 deadline for any pilot phases, the protection of the EU's right to implement more ambitious regional measures, and the alignment of accounting methods between ICAO and the UNFCCC to avoid double counting.
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Document type: Statement
Letter to EU policy makers on the Effort Sharing Decision after 2020
Carbon Market Watch and partners argue that the proposed 30% emission reduction target for the 2021-2030 Effort Sharing Decision (ESD) is insufficient to meet Paris Agreement goals. They warn that specific loopholes—including the use of forest carbon removals, EU ETS surplus allowances, and the carry-over of unused permits—could lead to an additional 4.7 billion tonnes of CO2 emissions. The authors call for a minimum 45% reduction in ESD sectors by 2030, a target of -95% by 2050, and the implementation of an automatic mechanism to accelerate emission cuts every five years based on science and technology.
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Document type: Statement
Open letter to the President of Panama: Immediate suspension of test flooding in Barro Blanco
The document is an open letter from several international organisations urging President Varela of Panama to stop test flooding at the Barro Blanco Hydroelectric Power Plant. The authors argue that the flooding threatens the safety and sacred lands of Ngäbe communities, specifically Kiad, Nuevo Palomar, and Quebrada Caña, and violates international human rights law regarding free, prior and informed consent.
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Document type: Statement
Open letter to Members of the Development Committee of the European Parliament on the revision of the EU ETS
The letter calls for the EU ETS revision to align with the 1.5 degree goal of the Paris Agreement, establish a mechanism to direct revenues toward international climate finance, and correct the assumption that biomass burning is carbon neutral.
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Document type: Statement
Lettre ouverte aux Député-e-s européen-ne-s, membres de la Commission du Développement, à propos de la révision du SEQE
The document urges the European Parliament to revise the EU Emissions Trading System (EU ETS) to align with the 1.5°C goal of the Paris Agreement. It proposes using EU ETS revenues as a source of international climate finance, establishing an international climate action fund, and correcting the assumption that biomass burning is carbon neutral due to a lack of sustainability criteria.
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Document type: Statement
What is the Effort Sharing Decision and why does it matter?
The policy brief argues that the EU's Effort Sharing Decision (ESD) must be significantly strengthened to meet Paris Agreement goals. It recommends a 95% emission reduction by 2050 and at least 45% by 2030, based on a carbon budget. The author identifies five critical loopholes—including the use of ETS credits and land-use offsets—that could allow an additional 4,703 million tonnes of CO2 equivalent to be released. It further proposes robust governance through National Energy and Climate Plans (NECPs) and stronger financial penalties for non-compliant Member States.
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Document type: Policy brief