The CDM Executive Board is currently developing a tool to highlight sustainable co-benefits of CDM projects and PoAs. An initially promising opportunity was unfortunately wasted when it was decided that this tool shall be voluntary, with no monitoring in place. Or in other words, useless.
A gigantic 13 Gigatonne ‘hot air’ loophole is threatening to undermine the viability of the second commitment period of the Kyoto protocol. If Parties do not properly address the AAUs surplus this year this huge bubble of stale air may stifle the success for international climate negotiations for years to come.
The CDM Executive Board members get a big thumbs up for rejecting a Chinese coal project due to its questionable additionality calculations. Whether the Board can keep up this spirit at its upcoming meeting remains to be seen when they are due to discuss a new version of crediting rules for CDM coal power projects for the second time.
An encouraging decision by the CDM Executive Board at its last meeting might substantially limit the amount of questionable CERs to be issued from HFC-23 plants.
CDM Watch Publications Press Release: New rules for coal offsetting projects still severely flawed (07.05.2012) Press Release: Phantom emissions reductions keep being issued as UN Board refuses to act Spanish: Comunicado de Prensa (18.05.2012) Final report of CDM Watch UNFCCC side event to Policy Dialogue Meeting (30.05.2012) CDM Watch submission to CDM Policy Dialogue: Response …
Read more “CDM Watch at work (Newsletter #20)”
CDM Watch is pleased to bring you the pre-summer edition of our Newsletter. The issues covered in this edition are definitely hotter than Brussel’s July temperatures.
Worth 3.3 billion USD at the end of 2011, the CDM – a long-term output-based financing mechanism – represents a much needed funding opportunity for the widespread dissemination of appropriate low-carbon technologies.
Guest article by Sara Eyckmans – Coordinator, Western Sahara Resource Watch (WSRW) A wind farm project of a company owned by the Moroccan King is requesting approval under the UN’s Clean Development Mechanism. The wind farm is situated in a territory illegally occupied by Morocco: Western Sahara. Yet, the Moroccan Government is qualified as the …
Read more “Western Sahara: CDM project stirs conflict over host country approval on illegally occupied land (Newsletter #20)”
The CDM Watch Network has helped empower civil society throughout the world to hold the CDM to account. This is important due to the increasing impact that CDM projects have in host countries. Effective public participation in the CDM is essential to strengthen its environmental integrity and to make sure that harmful projects do not …
Read more “The CDM Watch Network – The Voice of Civil Society in the CDM (Newsletter #20)”
The high-level panel on the CDM Policy Dialogue is preparing its final report which is expected to be published in September 2012. CDM Watch has closely followed the consultation process and is worried that the final report will be heavily influenced by business lobbyists. CDM Watch calls on the Policy Dialogue members to give an …
Read more “CDM Policy Dialogue’s final report – Countdown is on! (Newsletter #20)”