Europe is considering achieving some of its emission reduction targets through international reduction certificates from abroad. The Paris Agreement allows this. However, buying these certificates could make climate action more complicated rather than more flexible.
By Lukas Knigge
The African Development Bank aims to establish an institution to support carbon markets in the region. Read the details in Table.Briefings.
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Foreign companies are paying too little for carbon certificates from Africa, criticizes the head of the African Development Bank.
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In its national climate target (NDC) for 2035, Switzerland is increasingly focusing on reducing emissions abroad. Up to a third of emissions could be offset under Article 6 of the Paris Agreement instead of being saved domestically. This could in turn delay necessary investments and violate Switzerland's climate action law.
By Lukas Bayer
Emission credits offset significantly less CO2 than previously assumed. This is the conclusion of a meta-study led by the Max Planck Institute. The experts call for fundamental reforms to the carbon markets.
By Anna Gauto
Through a subsidy program in Alberta, Canada, the oil giant Shell was able to register twice as many certificates as the actual amount of CO2 captured.
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The European Commission is investigating 20 airlines on suspicion of greenwashing. In addition to questionable compensation for their greenhouse gas emissions, other green promises are also under scrutiny.
By Lukas Bayer
The Science Based Targets Initiative (SBTI) advocates for CO2 compensations based on scientific standards. Within the initiative, there is now a conflict: Representatives of market mechanisms are clashing with defenders of scientific integrity.
By Redaktion Table
The "Science Based Targets Initiative" (SBTI), the most important global initiative for assessing companies' climate targets, wanted to include offsets in the calculation of emissions. After a storm of protests, the company management is now backing down.
By Bernhard Pötter
For CO2 offsetting, projects involving efficient and clean cookstoves are very popular because about one-third of the world's population cooks over an open fire. The potential for improvement seems high. However, their contribution to climate action is apparently overestimated tenfold. Is offsetting a dead end in climate protection?
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