With the 2040 target proposal, the EU is entering the next phase of the climate policy journey. The proposal introduces complex questions around its three flexibility mechanisms.
Breaking Down the EU’s 2040 Climate Target Proposal: What’s New and What’s Next? Read More »
This blog post explores the outcome of international climate negotiations at COP28 for carbon removal, carbon capture and carbon markets. When going into COP28, my eyes were on three agenda items that were most likely to provide further guidance on these topics — the first global stocktake, carbon markets under Article 6 of the Paris Agreement, and the mitigation work programme.
COP28 — Mixed Results on Removals, Markets and Carbon Capture Read More »
There is a constant flux of carbon market size calculations and projections. This gets a lot of attention in the voluntary carbon markets, currently valued at around $2 billion and growing. Every now and then, the size of compliance carbon markets…
The Convergence of the Voluntary and Compliance Carbon Markets Read More »
What are the key considerations around including carbon dioxide removal in the EU Emissions Trading System (EU ETS)? Compared to a couple of years ago, the conversations have evolved from whether to bring in removals to how to do it in practice…
How to Include Carbon Removals in the EU ETS? Read More »
The UN standard-setters are continuing their deliberations on removals under the Paris Agreement. The upcoming 5th meeting of the Article 6.4 Supervisory Body has a busy agenda and one particular document has captured the interest of stakeholders due to its unbalanced perspective on carbon removal. In response to numerous requests for calls, meetings, and submission input, this blog post aims to shed light on the process, the pertinent considerations, and
Challenges for Carbon Removal under the UN Standard Read More »