carbon markets

COP28 — Mixed Results on Removals, Markets and Carbon Capture

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.

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Challenges for Carbon Removal under the UN Standard

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

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EU and UN Kickstart Their Work on Carbon Removal for 2023

March 2023 laid the groundwork for developing carbon removal methodologies under the EU Carbon Removal Certification and the Paris Agreement. The European Commission’s Carbon Removals Expert Group had its inaugural meeting, and the Article 6.4 Supervisory Body convened for its first session of the year. Whilst both groups were largely in the planning mode with their carbon removal-related activities, there are a few noteworthy developments to highlight. This post shares

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