Revision of HFC-23 methodology – still no reaction from the EB (Newsletter #2)

by Miriam Vicente MarcosGlobal marketsPosted on Comments are Disabled

HFC-23 is an unwanted by-product in the production of HCFC-22, a refrigerant and temporary substitute to CFCs. The HFC-23 has a Global Warming Potential 11’700 times higher than CO2. Its destruction in HCFC-22 plants in developing countries can be registered as a CDM project and leads to the issuance of a large amount of credits. …

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Projects under consideration that should NOT qualify for registration or issuance of CERs (Newsletter #2)

by Miriam Vicente MarcosSustainable development, Global marketsPosted on Comments are Disabled

It has been reported to CDM Watch that there will be couple of projects on the table that do not reduce emissions relative to alternate scenarios and in some cases even relative to the status quo. Moreover, these projects under question would not even contribute to sustainable development. Instead they reduce employment and create environmental …

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Key items unaddressed in new methodology for biomass plantations on land areas (Newsletter #2)

by Miriam Vicente MarcosGlobal markets, Land use and forestry, Sustainable developmentPosted on Comments are Disabled

At the next EB meeting, the Board will consider approving the new methodology NM0278 for the “Use of Charcoal from Renewable Biomass Plantations as Reducing Agent in Pig Iron Mill in Brazil”. This methodology would allow the establishment of new biomass plantations on the following land areas: (i)            Grasslands (ii)           Forest plantation after its last …

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Carbon leakage caused by adipic acid projects (Newsletter #2)

by Miriam Vicente MarcosGlobal marketsPosted on Comments are Disabled

In total, four projects that reduce N2O from adipic acid production are currently registered in China, South Korea and Brazil. While this technology has become business as usual and integral part of most adipic acid plants in almost all countries, the CDM is generating lucrative business which has resulted in a production shift from Annex …

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Code of Conduct – improvement indispensable (Newsletter #2)

by Miriam Vicente Marcos2050 climate strategiesPosted on Comments are Disabled

Annex to decision 3/CMP.1 paragraph 8 (f) requests “members, including alternate members, of the Executive Board shall have no pecuniary or financial interest in any aspect of a CDM project activity or any designated operational entity.” However, Board members often play multiple roles at the same time, including UNFCCC negotiators, representing their countries’ DNA or …

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CDM Watch Newsletter #2, July 2009

by Miriam Vicente MarcosUncategorizedPosted on Comments are Disabled

Dear friends,

Ahead of the next CDM Executive Board meeting from 15 – 17 July 2009 in Grenada, CDM Watch is yet again reading between the lines of the annotated draft agenda.