Carbon markets

COP29: circumventing disagreements to start the UN carbon trading mechanism

Introduction: If we can’t agree about climate finance, let’s start a new carbon market! 

Comment regarding Article 6.4 Sustainable Development Tool (“SD Tool”), version 09.0

The following comments were submitted electronically via A6.4mechanism-info@unfccc.int to UNFCCC Chair Ms. Maria Al Jishi and Vice Chair Mr.

The UN carbon trading negotiations and carbon market fraud

Negotiators from 12 government members (“Parties”) of the United Nations Framework Convention on Climate Change (UNFCCC) meet Oct. 5-9 to try to agree on the terms of several texts required for Parties to begin selling greenhouse gas emissions reduction credits to “Non-Parties,” mostly private investors.

IATP statement on the CFTC approval of guidance to industry on voluntary carbon market credits

MINNEAPOLIS— On Sept. 19, the Commodity Futures Trading Commission (CFTC) voted to approve final guidance to commodity exchanges planning to offer new derivatives contracts whose underlying assets are credits based on projects intended to reduce or remove carbon dioxide and other greenhouse gases.

Unpacking the EU Carbon Removal Certification Framework: Implications for EU Climate and Agriculture Policy

The European Union’s new Carbon Removal Certification Framework (CRCF)1 is a legislative framework that will govern the generation of carbon removal and emission reduction certificates from various activities.

Science Based Targets Initiative board undermines integrity of its corporate climate standard

A 2021 study estimates that companies whose equity shares trade on regulated exchanges account for about 40% of all planet-warming greenhouse gases (GHG) emissions.

IATP Comment on Voluntary Carbon Markets — IOSCO Consultation Report

IATP submitted the following comment to the International Organization of Securities Commissions (IOSCO) on March 3, 2024. 

CFTC’s high stakes bet: guidance and legitimacy for voluntary carbon markets

The scale of the pressure to get the rules right for carbon markets is reflected in this January 2023 headline: “Carbon offset market could reach $1 trillion with right rules.”

EU institutions at risk of strengthening the net-zero smokescreen in carbon removal debate

European Union (EU) is on its way to pass a first-of-its kind carbon removal legislation.

The clock is ticking: climate change and voluntary carbon markets

In January 2023, the Science and Security Board of the Bulletin of Atomic Scientists moved the arms of the Doomsday Clock to 90 seconds to midnight, the closest to Doomsday since the clock was started in 1947.