Serious issues in the negotiations on international carbon markets (Article 6) must be addressed to avoid undermining the Paris Agreement

In this blogpost, the NewClimate markets team provides recommendations for the imminent SB50 negotiations to guarantee that Article 6 ensures its mandate to promote ambition and avoid undermining global climate efforts. Read More

GHG mitigation policies in major emitting countries: an overview of recently adopted policies

This document presents an overview of climate and energy policies mostly adopted between July 2018 and May 2019 in 25 countries and regions. The policy information compiled by NewClimate Institute, PBL and IIASA in this document supplements the December 2018 report on the projected greenhouse gas (GHG) emissions under currently implemented policies and mitigation commitments (Kuramochi et al., 2018). Read More

Bringing climate policy up to date – decreasing cost projections for renewable energy and batteries and their implications (case study Canada)

This case study presents the potential impact of lower battery and renewable energy costs projections in Canada’s NDC emissions reductions target. Read More

Bringing climate policy up to date – decreasing cost projections for renewable energy and batteries and their implications (case study Chile)

This case study presents the potential impact of lower battery and renewable energy costs projections in Chile’s NDC emissions reductions target. Read More

Analysing the interactions between new market mechanisms and emissions trading schemes: Opportunities and prospects for countries to use Article 6 of the Paris Agreement

This report conducts a detailed analysis of the provisions related to market mechanisms of the Paris Agreement (Article 6), identifies issues that should be taken into account when elaborating the rulebook for the Paris Agreement, and answers the question whether different countries are ready for engaging with market mechanisms under the Paris Agreement. Read More

Ein Preis auf CO2 – essenziell, aber allein nicht ausreichend

Klimawandel ist eines der größten Probleme unserer Zeit. Ein Preis auf CO2-Emissionen ist aus ökonomischer Sicht ein adäquates Mittel, die Verursacher zur Verantwortung zu ziehen und effizient den Ausstoß von Treibhausgasen dort zu reduzieren, wo es am günstigsten ist. Aber um die Wende in eine treibhausgasfreie Zukunft zu bewältigen, sind zusätzliche politische Maßnahmen nötig. Read More

Setting a course for decarbonised shipping: An Eight Point Carbon Pricing Plan

To achieve the temperature goals of the Paris Agreement, global emissions – including shipping – must peak as soon as possible and decline rapidly, reaching net-zero by around 2050. To help bring this about, this blog presents eight steps to guide the implementation of a levy for international shipping. Read More

Carbon pricing options for international maritime emissions

In this paper we explore three different options for a market-based measure to address the climate impact of shipping: an offsetting scheme, a maritime emissions trading scheme, and a climate levy. We conclude that a climate levy would be the most appropriate measure to reduce emissions in the maritime sector. Read More