UN Under Pressure to Halt Gaming and Abuse of CDM

CDM Watch has confronted the United Nations with new evidence that alleged emissions reductions from HFC-23 destruction projects under the CDM offsetting mechanism are actually increasing global greenhouse gas emissions. The evidence was put forward in an official submission which calls for a benchmark to cut the inflated number of carbon credits generated by these projects by more than 90%.

Download the following documents:

Revision request to amend the crediting methodology

HFC-23 Draft Revised Methodology

HFC-23_Press Release_Gaming And Abuse of CDM

Background Information

Facebook
Twitter
LinkedIn

Related posts

Lacklustre COP27 fails to bring clarity to carbon markets

The Sharm el-Sheikh climate conference’s final deal on Article 6 opens the door to secret carbon market deals between countries with little oversight. On a positive note, a new type of carbon credit could help spell the end of offsetting, but the agreement falls far short of what is needed.

Join our mailing list

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