COP25: Groups reject carbon markets as climate summit begins

COP25 Picture for media
COP25 Picture for media

As the 25th Conference of the Parties to the United Nations Framework Convention on Climate Change (UNFCCC) begins in Madrid the Spanish capital, civil society and grassroots groups have challenged Parties negotiating at the 11-day conference to heed the demands of climate-impacted people around the world to advance real and just solutions to address the climate crisis.

The groups include Friends of the Earth International, Corporate Accountability, and the Environmental Rights Action/Friends of the Earth Nigeria (ERA/FoEN), representing a broad spectrum of grassroots and climate justice movements.

In previous negotiations, countries of the global north led by the United States ensured that no meaningful advancements towards the real solutions were reached. They ensured that policy recommendations to insulate the negotiations from Big Polluters’ interference were shut down while discussions to place carbon markets at the center of Article 6 of the Paris Agreement threatened to derail real solutions including non market mechanisms.

Last month, the U.S. government began the process of withdrawing from the Paris Agreement after President Donald Trump said the agreement imposed unfair economic burdens on American workers, businesses, and taxpayers.

While discussions at COP25 will focus on finalizing guidelines for Article 6, climate justice groups believe that Big Polluters are pulling out all the stops to embed dangerous and ineffective carbon markets that will unleash decades more of soaring emissions. This dangerous corporate agenda, according to them, is backed by industry groups like the International Emissions Trading Association – one of the most influential trade associations pushing markets at the UNFCCC – representing BP, Shell and other Big Polluters.

“Big polluters must be rubbing their hands in glee that carbon market mechanisms, which further dilute the already weak and inadequate Paris emissions targets, are back on the agenda,” said Dipti Bhatnagar, Climate Justice and Energy Programme Coordinator for Friends of the Earth International.

“We will fight them tooth and nail. The climate crisis is already devastating lives. Emissions are still rising. Now is not the time to offer an escape route to polluting Northern country governments and big oil.”

Sriram Madhusoodanan, Deputy Campaigns Director, Corporate Accountability said governments at COP25 must decide if the global response to the climate crisis centres real solutions or prioritizes more giveaways to the fossil fuel industry and other Big Polluters – especially those who have knowingly fueled this crisis for decades.

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“Instead of green-lighting the fossil fuel industry’s wish-list, governments must heed peoples’ movements around the world and advance real solutions, including opportunity to lay the groundwork for real, transformative pathways to 1.5 within Article 6.8. Pathways to real change that are made clear in the Peoples Demands – a set of demands issued to governments by hundreds of thousands of people, organizations, and peoples’ movements around the world.”

Philip Jakpor of the ERA/FoEN said the promotion of carbon markets within the climate space poses the singular most dangerous distraction that has allowed Big Polluters and their allies to infiltrate the negotiation and steer delegates away from solutions.

“COP25 provides the opportunity for countries of the Global South to side with the millions of women, men, youths and vulnerable people that demand real solutions,” said Mr Jakpor.

The groups believe that if there is no progress in the talks, the status quo would lock the world into decades more of soaring emissions, and frontline communities into further loss of life and livelihood. They insist that at COP25, governments must clear a way forward for real solutions which will deliver real action, equity and ambition.

“Real solutions to the climate crisis and moving the negotiations forward lies in the people’s demands which outlines real climate solutions like an equitable managed decline of fossil fuels production, a just and equitable transition, real climate finance, and securing land and tenure rights for indigenous peoples and local communities”, the groups insist.



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