Young climate activists protest carbon markets at the UNFCCC negotiations in Bonn in 2012. (Photo: Young FoEE/flickr/cc)

Andrea Germanos, Common Dreams December 2, 2019

As the United Nations climate summit COP 25 kicked off in Madrid, Spain on Monday, environmental advocacy groups warned that market-driven approaches to tackling the global emergency are an obstacle to real solutions to rein in emissions and making those most responsible for the crisis pay.

At issue are international carbon markets, which, as a DW headline put it, will “take center stage.”

“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 Program coordinator for Friends of the Earth International (FOEI), in a statement.

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