Close this search box.

Money for Nothing!!!

download pdf file

CDM for Sustainable Development?  Money for Nothing!!!  A People’s Perspective

by Ajita Tiwari and Nafisa Goga D’Souza, Laya Resource Center

This crucial study shares full descriptions and critical on-the-ground insights from seven CDM projects in India that shed light on the most disastrous consequences to local communities and local workers.  The authors report on the project descriptions, moral grievances, dirty politics, environmental calamities, and most importantly local disappointment in a clear, comprehensive way that may leave many CDM supporters shaken.

Everything that could go wrong has gone wrong: sustainable development goals have been neglected, stakeholder meetings overlook community participation, the companies involved do not hire locals as permanent employees, communities do not understand what DOEs write to them, CDM projects threaten the security of local livelihoods, massively unfair compensation to locals for land acquisitions, locals’ uninsured access to electricity grids for lighting, essential biomass for survival is deprived from locals, uneven distribution of projects among Indian regions…these are just some dilemmas from a cornucopia of flaws and problems with CDM projects in India addressed in this report.   This study definitely merits a read.


Related posts

Pricing the priceless: Lessons for biodiversity credits from carbon markets

Biodiversity markets are meant to channel private sector funding towards schemes that aim to conserve and restore biodiversity. In its current form, the unregulated funding schemes are reminiscent of the voluntary carbon market, which has a track record of supplying poor quality, cheap credits that inadequately transfer funds to the Global South. 

Going for green: Is the Paris Olympics winning the race against the climate clock?

Aware of the impact of the games on the climate and of record temperatures on the games, organisers of the Paris games have pledged to break records when it comes to reducing the impact of this mega event on the planet. ‘Going for Green’, a Carbon Market Watch and éclaircies report assessing the credibility of these plans reveals that if completely implemented, only 30% of the expected carbon footprint is covered by a robust climate strategy.

Lost in Documentation

Navigating the maze of project documentation

A new report by Carbon Market Watch has raised concerns over a lack of transparency and accountability within the unregulated voluntary carbon market caused by the unavailability of important project documents from the four biggest carbon crediting standards.

Join our mailing list

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