More Space for Chicanery
COP29’s perverse achievement may be to expand opportunities to offset emissions while not making progress on actually reducing emissions.
If not offsets, then what?
New research published by SBTi as part of the revision of the Corporate Net Zero Standard found little evidence of the effectiveness of carbon offset credits. CLARA provides further analysis of the SBTi research.
Slicing, dicing, securitizing…
Despite continued scandals in carbon credit projects, financiers are trying to prop up the underlying assets by increasing the ways in which credits can be bought and sold.
Doreen Stabinsky surveys the changing landscape of the voluntary carbon markets.
Make it Count!
If climate finance is to deliver for rural women in the Global South, governments must prioritise land tenure rights.
COP 28: What CLARA’s Watching for in Dubai
CLARA members are in Dubai now for COP 28, following three issues:
‘abatement’ language in the fossil fuel phase-out debate;
good outcomes from the Global Stocktake; and
monitoring Article 6 proposals around carbon markets.
We’ll be providing updates on an ongoing basis; sign up below.
Offset quality is not the issue
We have said it before: carbon offsets are not a climate solution. To stay below 1.5 °C of warming requires everyone to reduce their emissions. Offsets—used in place of emissions reductions—are not compatible with a 1.5 °C world.