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Paris outcomes: Carbon Market Watch Analysis of COP 21
From 30 November to 12 December 2015, Parties to the UNFCCC met in Paris to negotiate a new global climate treaty.
The Paris Agreement was a remarkable outcome, especially after the failures of Copenhagen. Almost all involved, including Carbon Market Watch, seemed surprised at how positive the outcome was. However, expectations had been carefully managed in the preceding years, so that aspirations of environmentalists to have a treaty that reflected the scientific reality by dividing up the remaining global carbon budget, had been downplayed into unreality.
Submission to the European Commission on "Including maritime transport emissions in the EU's greenhouse gas reduction commitment"
CDM Watch welcomes this opportunity for input and stresses the need for the EU to act promptly and address shipping emissions in the EU to halt climate change below 2°C while it needs to take responsibility as a climate leader and influential party in the development of future international climate systems. Often EU's decisions have served as blueprints for decisions on UN level. We believe that any legislation including shipping in the EU's climate policy must reflect the best possible option capable to deliver real reductions within the sector first and with the highest possible environmental integrity while delivering real contribution to sustainable development. Our main comments include: 1) no international credits should be allowed into a maritime sector, 2) revenues for climate finance for abatement in the maritime sector should not come from selling international offsets and 3) at least 50% of revenues should be directed to the Green Climate Fund.