To sate their voracious appetite for greenwashing offsets, major fossil fuel companies have invested considerable resources and effort to lobby, both directly and indirectly, to weaken carbon market federal regulations in the United States and state regulations in California, concludes a new Carbon Market Watch investigation.
The first two projects, both related to cookstoves, approved for use under the UN’s carbon market massively overestimate their climate impact, despite
A tool that aims to promote and safeguard sustainable development under the UN carbon market offers indigenous peoples and local communities little protection against projects which infringe on their land or violate their human rights. This was the disturbing finding of a joint investigation by Carbon Market Watch and the Land Matrix Initiative.
CMW has sketched the scenario of companies adhering to both the LSRS and the SBTi’s FLAG Guidance, and found worrying evidence that compliance with the FLAG Guidance is taking precedence over the LSRS
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