Carbon Market Watch

For fair and effective climate protection.

Submission to call for input: A New Market-based Mechanism

15 Mar 2012

PDF (English)

CDM Watch believes that the following principles and the lessons that have been learned from existing market based mechanisms should guide the development of the NMM:

  • Secures net atmospheric benefits
  • Delivers real, measurable, verifiable and additional emissions reduction
  • Avoids double-counting
  • Upholds human rights
  • Delivers sustainable development benefits
  • Does not undermine the goals of other international environmental treaties
  • Ensures supplementarity