Boosting CDM projects in LDCs: An introduction to suppressed demand (Newsletter #16)

by Miriam Vicente MarcosGlobal marketsPosted on Comments are Disabled

The very poor have such small carbon footprints that it is difficult to implement CDM projects that target them, since there are practically no emissions to reduce. The concept of ‘suppressed demand’ tries to take into account the fact that emissions would be much higher if the poor had access to energy and goods. Is …

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The challenge of renewing CDM projects (Newsletter #16)

by Miriam Vicente MarcosGlobal marketsPosted on Comments are Disabled

In 2012, a large number of projects will come up for renewal. It is vital that sound rules govern how these renewals are evaluated and approved. Yet a decision by the CDM Executive Board last year, weakens the requirements for project renewals, leaving room for interpretation that could lead to a substantial over-issuing of credits. …

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The standardisation frenzy (Newsletter #16)

by Miriam Vicente MarcosGlobal marketsPosted on Comments are Disabled

In Cancun the Parties decided to push the CDM to standardise methodologies. Although in some cases a useful tool, standardisation also raises many red flags. For example, the CDM Executive Board recently approved a framework for standardisation that leaves room for interpretation and could lead to large numbers of artificial credits. At the negotiations in …

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CDM Watch meets with grassroots activists in Gujarat, India (Newsletter #16)

by Miriam Vicente MarcosSustainable developmentPosted on Comments are Disabled

A meeting for local stakeholders was organised in Gujarat by Indian NGO Paryavaran Mitra to respond to the CDM Executive Board’s call for public input on the validation process. At the meeting CDM Watch launched the new ‘Gujarat Forum on CDM’, a communication platform that aims to improve grassroots groups’ collaboration and their access to …

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Upcoming Civil Society Workshop on Carbon Markets, Bangkok (Newsletter #16)

by Miriam Vicente MarcosHuman rights in climate action, Sustainable developmentPosted on Comments are Disabled

CDM Watch will facilitate a three-day workshop for civil society from the South East Asia region in Bangkok, Thailand from 12-14 October. The event will focus on the role of civil society in carbon markets and is co-organised by Focus on the Global South. More than 700 CDM projects are located in South East Asia. …

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Communication Between The CDM World And The ´Outside` World (Newsletter #16)

by Miriam Vicente MarcosHuman rights in climate action, Sustainable developmentPosted on Comments are Disabled

CDM Executive Board members usually call people not part of the inner CDM circle the ‘outside world’. Communication between these two worlds is often not as constructive as would be necessary to ensure the integrity of the CDM. During this upcoming meeting Board members have the opportunity to improve this situation by strengthening guidance on …

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Success stopping CDM registration of harmful large hydro projects (Newsletter #16)

by Miriam Vicente MarcosGlobal markets, Human rights in climate action, Sustainable developmentPosted on Comments are Disabled

Guest article by Katy Yan, International Rivers Many large hydro projects in the CDM are contentious because most are non-additional and cause environmental and social harm. International Rivers supports grassroots efforts to stop harmful hydro projects. Over the past few years collaboration between NGOs and active stakeholder engagement has increased dramatically. Encouragingly, almost a third …

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Wikileaks confirms Indian projects are non-additional (Newsletter #16)

by Miriam Vicente MarcosGlobal marketsPosted on Comments are Disabled

Guest commentary by Payal Parekh Wikileaks released a cable sent by the American Consulate in Mumbai, India that candidly states that Indian CDM projects do not depend on CDM funding and are therefore not additional. Last week Wikileaks released a cable sent by the American Consulate in Mumbai to the US Secretary of State in …

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Coal update: CDM EB fails to address non-additionality and over-crediting (Newsletter #16)

by Miriam Vicente MarcosEU carbon market, Global marketsPosted on Comments are Disabled

Going against the recommendation of the Methodology Panel the CDM Executive Board did not suspend the flawed methodology for coal projects (ACM0013) during its last meeting. Furthermore, CDM Watch’s  analysis shows that coal projects in India and China are not additional. These new coal plants could potentially generate hundreds of millions of artificial credits while …

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Upcoming Event @ EU Parliament (Newsletter #16)

by Miriam Vicente MarcosEU carbon market, Global markets, Sustainable developmentPosted on Comments are Disabled

CDM Watch and Sandbag are organising a lunch debate on September 21, 2011 with members of the European Parliament. The focus of discussion will be whether contentious project types in the CDM undermine European climate goals. The European Union (EU) can achieve half of its greenhouse gas emission reductions by using CDM offset credits. The …

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