Carbon Market Watch

Introduction

This project builds on Carbon Market Watch’s unique expertise in carbon pricing and climate policy, as well as our proven track record of policy work with intergovernmental bodies, such as the UN and the EU. Carbon Market Watch exists to ensure that carbon pricing and other climate policies slash pollution and drive a just transition towards net-zero-carbon societies. Given the urgency of halting the climate breakdown, we campaign for carbon pricing climate policies that fulfill their promise and operate in wise combination with regulatory and incentivizing measures.

Strategic Plan

We present a 12-month strategic plan with evidence-based advocacy to improve climate policies. This plan focuses on:

1. Turning complex issues into comprehensible messages.
2. Helping people understand and influence those policies.

We carry out this work with our members and NGOs in Europe and internationally, combining policy advocacy with a series of activities aimed at raising awareness, knowledge development, and compliance with EU and international law.

European Legislative Context

At the European level, the legislative cycle focusing on the implementation of the EU Green Deal will conclude on several key elements of the legislative package. The coming year will be critical as co-legislators in the EU institutions will negotiate and align their views on the review of the main 2030 climate and energy legislation, as proposed by the European Commission under the “Fit for 55” package in July 2021.

International Developments

At the international level, the UNFCCC process on international carbon markets will shift focus to the implementation of the Article 6 agreement struck at COP26 in Glasgow. In parallel, the international transport sector (aviation and shipping) will see enhanced EU action to price its carbon pollution through the EU Emission Trading System.

Objectives

Our aim is to ensure this positively impacts ongoing discussions on carbon pricing policies at the International Civil Aviation Organisation (ICAO) and the International Maritime Organisation (IMO).