Press Release: CDM Workshop Press Release

New Delhi, India–16 November 2009

In an effort to discuss reasons for the failure of the Clean Development Mechanism (CDM), more than 80 activists, citizens and representatives of NGOs from Armenia, Bangladesh, India and Uganda gathered at a workshop in New Delhi. They concluded that any post-2012 mechanism must enforce the principle of sustainable development. Just a few days ahead of COP-15 in Copenhagen, where the reform of the CDM will be on the agenda, they called on Parties to recognize lessons learnt from the current CDM, which are to improve the participation of citizens in the process, to amend environmentally harmful methodologies, to tax carbon revenues for investment in sustainable development projects, to reveal details of buyers of carbon credits and to establish a competent institutional set-up including a credible code of conduct for the CDM Executive Board.

Facebook
Twitter
LinkedIn

Related posts

UN must get the fine print right on global carbon market

To ensure that the new carbon market under Article 6 of the Paris Agreement benefits the climate and society, the supervisory authority set up to govern it must get the rules absolutely right. That is why Carbon Market Watch submitted a set of recommendations.

Not zero: New report exposes greenwashing in climate plans of top global corporations

Despite claiming to be champions of climate action, two dozen of the world’s largest and richest corporations are hiding their climate inaction behind the fig leaf of green-sounding ‘net zero’ plans, concludes the 2023 edition of the Corporate Climate Responsibility Monitor. For that reason, governments must stop their dithering and regulate robustly what green claims companies are permitted to make.

Join our mailing list

Stay in touch and receive our monthly newsletter, campaign updates, event invites and more.