Watch This! NGO Voices on Carbon Markets #6

Welcome to the summer edition of our NGO newsletter “Watch This! NGO Voices on Carbon Markets”! It is no secret that the compliance carbon market is not doing well. The current carbon price is not even enough for projects to cover their administration costs, let alone ensuring the running of the project on the basis …

The EU’s timid green pledge (Watch This! #6)

Photo: Euobserver By Adela Putinelu, Policy Assistant, Carbon Market Watch   EU policymakers want to take stock of the 2020 climate legislation so as to choose its 2030 targets and feed this into the EU’s pledge for a post Kyoto pact to be decided in 2015 in Paris. The European Commission has released a Green Paper …

Credit where credit is due? (Watch This! #6)

By Andrew Coiley, South Asia Project Coordinator, Carbon Market Watch   New figures released by the European Union for its Emissions Trading Scheme (ETS), the world largest emissions trading platform show that quality standards are needed for airlines to stop investments in cheap offset credits that clearly lack environmental integrity. In recent years international aviation …

Watching China’s emerging carbon markets (Watch This #6)

View of the city of Hangzhou Photo: Diego Martinez-Schuett By Diego Martinez-Schütt, Policy Officer, Carbon Market Watch On 18 June, the city of Shenzhen launched the first pilot emissions trading system (ETS) in China. Although Shenzhen’s ETS will only cover about 30 million tonnes of CO2, this move marks China’s race towards a national carbon …

The international carbon market frenzy (Watch This #6)

 Photo: cc Ron,Ron,Ron   By Eva Filzmoser, Director, Carbon Market Watch   COP-19 in Warsaw is expected to secure important deliverables in relation to market-based mechanisms. These could take the form of pilot schemes on the NMM and the FVA. Given the considerable disagreement between countries on many of the specifics – not to speak …

CDM reform: Mission impossible? (Watch This #6)

  Photo: David Blackwell   By Eva Filzmoser, Director, Carbon Market Watch   This year the underlying rules of the Clean Development Mechanism (CDM) will undergo reform. The negotiations in Bonn did nothing to advance this reform. However, a UNFCCC workshop that also took place during Bonn showed that negotiators finally seem to start listening …

Barro Blanco: A call for CDM reform from those directly affected (Watch This! #6)

Center for International Environmental Law (CIEL) uses the power of law to protect the environment, promote human rights, and ensure a just and sustainable society. CIEL is a non-profit organization dedicated to advocacy in the global public interest, including through legal counsel, policy research, analysis, education, training and capacity building. By Alyssa Johl, Senior Attorney, CIEL …

Coal fails to deliver for India (Watch This #6)

Picture: Greenpeace By Ashish Fernandes, Senior Campaigner, Greenpeace         Greenpeace is a global campaigning organization that uses peaceful protest and creative communication to expose global environmental problems and to promote solutions that are essential to a green and peaceful future.  www.greenpeace.org Forests, wildlife and indigenous communities in India are being sacrificed in the …

Nallakonda: Hanging in the wind (Watch This! #6)

Credit: Eva Filzmoser By Andrew Coiley, South Asia Project Coordinator, Carbon Market Watch   In the coming weeks the CDM Executive Board will decide upon the registration of the infamous Nallakonda wind farm project. The decision will show whether the CDM is ready to take the rights of local communities into account, or not. In …

A case for pro-poor carbon projects (Watch This! #6)

By Siddarth d’Souza, Coordinator Climate Change Desk, Laya Laya is a resource center for Adivasis (Indigenous Communities). Our work focuses on enabling Adivasi communities to access their rights over their natural resources in Adivasi region of north coastal region, Andhra Pradesh, India. More information at: www.laya.org.in   Since early 2000 almost 7000 projects have sprouted on …