Carbon Market Watch

For fair and effective climate protection.

Urska's Blog Post

The missing ingredients for successful NAMAs

During the Paris negotiations in December publication of Carbon Market Watch’s policy brief revealed that long-term success of Nationally Appropriate Mitigation Actions (NAMAs) depends on having clear guidelines on stakeholder consultations, oversight of sustainable development impacts and sector-specific environmental criteria. The strategic plan for the Green Climate Fund (GCF) and the NAMA Facility revision process are crucial opportunities to acknowledge these success factors. more »

NEWS: Climate finance agreed in Paris will not put the world onto a 1.5 °C pathway

Paris did not come up with a decision to mobilise trillions needed to put the world on a 1.5 C pathway. Developed countries will continue to take the lead in mobilizing climate finance. However, the financial provisions are weak, with most relevant points shoved into decisions. more »

NEWS: Green Climate Fund urged to reject accreditation applications from HSBC and Crédit Agricole

With the aim to approve first projects before COP21 in Paris, today the Board of the Green Climate Fund (GCF) will consider the first 8 funding proposals to receive Fund’s resources. Despite the opposition from the civil society, the Fund is also considering to accredit two high profile fossil fuel funders – HSBC and Crédit Agricole, – that are aiming to channel the Fund’s resources. more »