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The 2024 CCRM analyses the climate strategies of 51 major global companies, critically assessing the extent to which they demonstrate corporate climate leadership.

This primer explores the relevance of the high-hanging fruit of climate change mitigation projects and the role that voluntary climate finance can play to support these projects.

A guide for companies, and the broader voluntary climate action community, to understand the climate contribution approach, with recommendations for implementing in a way that builds resilient, future-oriented businesses that can thrive in an increasingly carbon-constrained global economy

The second iteration of the Corporate Climate Responsibility Monitor, conducted by NewClimate Institute in collaboration with Carbon Market Watch, assesses the climate strategies of 24 major global companies.

Assesses the climate strategies of 25 major global companies. It critically analyses the extent to which they demonstrate corporate climate leadership.

Rules for the implementation of Article 6 of the Paris Agreement are still under negotiation at the international level, with a key focus on reaching consensus at COP26 in Glasgow. This report aims to inform this policy making process. It explores three key unresolved issues that are closely interrelated and that have potential to impact the global net emission reductions achieved through Article 6 as well as the amount of revenues generated to help meet the adaptation needs of particularly vulnerable developing countries. Summary: The report explores the potential quantitative implications of...

This report assesses options for the effective implementation of sustainable development impact assessment, in the context of climate change mitigation mechanisms such as those of Article 6 of the Paris Agreement. To ensure that these mechanisms contribute to sustainable development in the host country, it is necessary to measure this effect. The results of the project show how and which indicators at project level can be used in a targeted manner for monitoring, reporting and verification (MRV). In this way, tools are made available to decision-makers and project developers in voluntary and...

The major aim of this research project was to provide insights on the state of current carbon market activities and options for supporting the continuation of new and existing mitigation activities in the pre-2020 period. This report contains a summary of the findings and combined conclusions from all analysis components addressed within the project. Main findings: In an analysis of CDM project vulnerability for major project types in key countries, we assessed the risk that projects would cease continuation of their GHG abatement without significant CER revenues. In this context, we conducted...

The new context of the Paris Agreement - particularly the universal commitment to regularly make increasingly ambitious contributions towards the global effort - present new challenges for carbon market stakeholders, especially for host countries. This guide proposes a number of considerations which countries hosting emission reduction activities should take into account when engaging in carbon markets under the Paris Agreement. It looks especially at how carbon market engagement relates to other aspects of national climate policy making and the fulfilment of commitments under the Paris regime...

Colombia faces a number of challenges including growing need for social housing in metropolitan areas driven by accelerating urbanisation associated with a growing electricity demand as well as increasing hydroelectric uncertainty as a result of changes in the el Niño weather phenomenon. At the same time, Colombia actively implementing its NDC under the Paris Agreement. These include measures to improve energy efficiency in the residential sector overall. Policies for renewable electricity, building codes, and appliance energy performance standards all play a role in these efforts. However...

The transition of CERs issued under the CDM for use by Parties towards their NDCs is a key outstanding issue for Article 6 negotiations at the UNFCCC. To inform the ongoing negotiations, we set out estimates of the potential CER supply by two groups of modelling teams, from research institutes in Japan and Germany. This paper presents an updated analysis of the potential supply of CERs issued for emission reductions occurring in the second commitment period of the Kyoto Protocol between 1 January 2013 and 31 December 2020 based on a selection of possible restrictions for their transition. Main...

This final report covers the results from a research project led by Öko-Institut and jointly conducted with other international experts such as from the Stockholm Environment Institute. The project was initiated against the background that policy-makers at the International Civil Aviation Organization (ICAO) are considering the detailed rules of a scheme to address carbon dioxide emissions from international aviation: the Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA). Main findings: This research project analyses matters that are critical for implementing CORSIA...

A growing number of countries and companies are setting climate neutrality and net-zero targets. Many countries’ and companies’ efforts towards climate neutrality play a positive role contributing to the fight against climate change and reducing global emissions. However, some of these commitments only obscure the actual impact and ambition of actual climate efforts. In order to enable citizens, investors, consumers and other stakeholders to make an informed judgement, it is crucial that countries and companies are transparent about what exactly their target covers and how they intend to reach...

This discussion paper assesses options for improving the current Emissions Unit Eligibility Criteria (EUCs) used for the Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA) adopted by the International Civil Aviation Organization (ICAO), with the goal of ensuring the scheme’s environmental integrity. Clearly articulated EUCs are needed to define minimum standards for the “quality” of carbon offset credits that may be used under CORSIA. For this analysis, we focus on five EUCs that are essential for offset credit quality: additionality; baselines; permanence; avoidance of...

Article 6 of the Paris Agreement provides the framework for a new generation of carbon markets in a context where all countries are supposed to formulate and implement ambitious Nationally Determined Contributions towards a temperature target and ratchet their contribution on a regular basis. With the final rules for Article 6 being an issue of ongoing negotiation, virtual pilots can help contribute to the discussion regarding rulemaking for Article 6 and inform new ways to cooperate. NewClimate Institute has identified the installation of ground source heat pumps in Mongolia as a promising...