FOR IMMEDIATE RELEASE
June 29, 2017
Contact: Tara Ritter, tritter@iatp.org, 612-870-3424
IATP Report: States Urged to Lead on Climate Action and Avoid Carbon Markets
The Clean Power Plan is the predominant plan in the U.S. to address climate change. The Environmental Protection Agency (EPA) is encouraging states to set up regional carbon markets to comply with the plan; however, carbon markets to date have not achieved their intended goals.
This statement, endorsed by 57 prominent human rights and environmental organisations from Europe, Africa, Asia,and North America, argues that carbon markets will never deliver for southern governments, forests or people.
Paris – Yesterday at the global climate talks, France and about 30 other country leaders, research institutions and a handful of NGOs launched a much anticipated new
Carbon markets and cap-and-trade programs are increasingly being used as a mechanism to mitigate climate change by reducing net greenhouse gas emissions. In the U.S., there are already two large carbon markets in play—one in California, and one in the Northeast. There will likely be an expansion of U.S. carbon markets in the coming years as the Clean Power Plan is implemented.
Produced for Economic Perspectives on Global Sustainability by the International Union for the Conservation of Nature (IUCN) and the Commission on Environment, Economic and Social Policies (CEESP).
One of the many fierce debates at the United Nations Framework Convention on Climate Change Conference of Parties (CoP), which opened this year on November 26 in Doha, Qatar is about climate finance.
At the first Hague Conference on Food Security, Agriculture and Climate Change in November 2010, the World Bank launched its first agricultural soil carbon project in Africa. The Kenya Agricultural Carbon Project (KACP) has been promoted as a “triple win” for mitigation, adaptation and increased crop yields.
A summary version of this piece is available in another IATP publication, entitled A Climate-smart Idea? Understanding the Politics, Practices and Players of the Agricultural Soil Carbon Market.
