Press Release: Farewell CDM Watch – Welcome Carbon Market Watch! New initiative expands scope of work

Brussels, 16 November 2012. Today, CDM Watch was re-launched as Carbon Market Watch to expand its activities for scrutinizing a wider range of carbon market schemes. Visit the new website at www.carbonmarketwatch.org. The launch of Carbon Market Watch was inspired by the rapid development of carbon market initiatives around the world. It will expand the …

The Phantom Menace: How to tackle the 13 billion Kyoto surplus (Newsletter #1)

See Newsletter #1, November 2012 The gigantic surplus of emissions permits under the Kyoto Protocol threatens the viability of a second commitment period and any future climate deal.   The EU has been unable to advocate for a strong solution because of the opposition of Poland. Russia will also push for being able to sell their …

The real impact of international offsets on the EU ETS over-supply (Newsletter #1)

See Newsletter #1, November 2012 International offsets account for ¾ of the overall surplus in the EU ETS. The real impact of offset credits becomes clear when looking at the new findings of research papers commissioned by the high-level panel on the CDM policy dialogue. CDM projects could generate up to 3.6 billion spurious offset …

Doha – Negotiating the Future (Newsletter #1)

See Newsletter #1, November 2012 For two weeks delegates from close to 200 countries will negotiate the future of the planet at COP18 starting on 26 November in Doha, Qatar. Carbon markets will be an important topic in Doha. Decisions on the future of the CDM, the JI, AAU surplus and New Market Mechanisms are …

CDM Executive Board – Bad timing for wrong-headed decisions (Newsletter #1)

See Newsletter #1, November 2012 At its last meeting in September, CDM Executive Board made a series of unfortunate decisions. At their upcoming meeting in Doha they will again discuss a number of important issues. At a time when carbon markets are collapsing due to severe oversupply, the CDM needs to be significantly reformed. Board …

International Aviation and Global Offsetting (Newsletter #1)

See Newsletter #1, November 2012 Guest article by Bill Hemmings, Transport & Environment Progress is finally evident at the International Civil Aviation Organisation (ICAO) to develop a global market-based measure (MBM) to address CO2 emissions from international aviation.  With the aviation industry predicting significant growth and relatively high abatement costs, market-based measures are likely to …

Farewell CDM Watch – Welcome Carbon Market Watch! (Newsletter #1)

See Newsletter #1, November 2012 After an eventful three years, it is time to say farewell to CDM Watch and welcome Carbon Market Watch! From November 2012 Carbon Market Watch will continue the activities of CDM Watch and expand further to other carbon market initiatives. In the future, Carbon Market Watch will also scrutinise new …

Carbon Market Watch Newsletter Issue #1, Nov 2012

Dear friends, We are proud to present this first edition of the Carbon Market Watch Newsletter. Carbon Market Watch will continue the activities of CDM Watch and expand further to other carbon market initiatives. In that spirit, we look forward to new endeavors. There is plenty to watch on the horizon! Eyes are turning towards …

Who pays? Lessons from CDM forestry projects for REDD (Newsletter #1)

See Newsletter #1, November 2012 Forestry projects typically involve local communities and are challenging to implement. When farmers get involved with personal financial liabilities, the question of who bears the financial risk arises especially in cases where revenues from carbon credits do not materialise. A closer look at a CDM forestry project and the underlying …