GFO’s response to the calll for evidence on the review of EU’s carbon market

We find that the call for evidence: Fails to ask input on a crucial weakness of the EU ETS, namely the weakness of the price signal due to excess price volatility, when such an issue could be easily addressed, just as it already is for agricultural commodity prices; Seems to focus in large part on …

GFO’s comments on EU’s Committee of the Regions document “designing nature credits: a framework to promote biodiversity and ecosystem services”

The EU’s Committee of the Regions just published a report called "Designing nature credits: A framework to promote biodiversity and ecosystem services. »We explain in our short brief below why these nature credits will create national security, environmental, social and economic issues, and will most  likely not benefit EU regions. Download our brief here

The many questions raised by the Tropical Forests Forever Facility

During the COP16 in Cali, officials from countries around the world stated their support for the Tropical Forests Forever Facility, an initiative from the Brazilian government to pay for the maintenance and restoration of tropical forests that was first presented at COP28. First, we find this instrument to be structured in a rather imbalanced way …