From ‘Sail to the COP’ to ‘Rail to the COP’

From ‘Sail to the COP’ to ‘Rail to the COP’

News item
12 Dec 2019

FairClimateFund is an enthusiastic supporter of “Sail to the COP”, an initiative of 36 young environmental activists who want to draw attention to sustainable travel. The sailing trip is part of a year-long (media) campaign for policy change at national and international level. The aim is to accelerate the transition to a sustainable and fair travel industry.

On November 1, it was announced that the UN climate conference in Chile was moved to Spain, unfortunately too late for the sailors to return to Europe. The COP25 is currently in full swing in Madrid. How are the young activists doing now and how are they continuing their campaign from South America? You can read this in their latest bloga, >

FairClimateFund will also not be present at the COP this year. To save CO₂ emissions from a trip to Madrid, we are following developments during the COP with great interest from the Netherlands. An important agenda item of this COP is the way in which carbon markets should work. Proponents argue that these markets are necessary to achieve the Paris goals and opponents argue that the carbon markets do not yield any net CO₂ reduction. It is often seen by opponents as an excuse to continue with “business as usual”.

What is the vision of FairClimateFund?

Firstly, we are in favor of a well-regulated and transparent market. For us, well-regulated means that only climate projects are qualified that would not have been realized without the income from carbon credits, i.e. additionally. Double counting is of course excluded. FairClimateFund has been supplying carbon credits for 10 years at a fair cost-covering price per tonne of CO₂ reduction.

Secondly, we are in favor of reducing CO₂ first and only compensating for the remaining emissions. We also encourage companies and organizations to work in this way. The minimum price we charge for CO₂ credits to cover the costs of a climate project also gives companies sufficient financial incentive to first reduce their CO₂ emissions themselves. And this in turn helps people who are most vulnerable to the consequences of climate change and have not contributed to it themselves.