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

by CMWGlobal markets, Human rights in climate action, Sustainable developmentPosted on Comments are Disabled

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 …

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

by CMWGlobal marketsPosted on Comments are Disabled

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 …

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Offsetting nature?

by CMW2050 climate strategiesPosted on Comments are Disabled

Picture: cc @Doug88888   By Hannah Mowat, Carbon and Ecosystems Trading campaigner, FERN   As a reader of Watch This! you will be well aware of the numerous problems the European Union Emissions Trading Scheme faces in terms of windfall profits for polluting companies, increased emissions, and delaying the move towards a low-carbon infrastructure. You …

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Pressure on India’s unique CDM sustainable development fund (Watch This #6)

by CMWSustainable developmentPosted on Comments are Disabled

Photo: Eva Filzmoser By Falguni Joshi, Gujarat Forum on CDM We are almost at the middle of the year 2013 – the first year after finishing the first commitment period under the Kyoto protocol. As you know, India is one of the world’s largest hosts of CDM projects. India stands 2nd only to China, in …

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Press release: New draft regulation on offset entitlements criticized for undermining the EU ETS

by CMWEU carbon marketPosted on Comments are Disabled

Today, the EU Climate Change Committee approved a draft regulation by the European Commission that allows operators under the EU ETS to continue the use of more than 600 million offset credits for compliance with emission limits from 2013 to 2020. Carbon Market Watch calls on the European Parliament to review the quantity entitlements and to introduce quality restrictions that ensure that credits from business as usual projects that pose an immediate threat to the EU ETS will not be allowed.

Press Statement: Carbon Market Watch welcomes today’s vote as a stepping stone for structural reform to the EU ETS

by CMWEU carbon marketPosted on Comments are Disabled

Today, the European Parliament voted in favor of the back-loading proposal to temporarily curb the oversupply of emission allowances in the EU Emissions Trading Scheme (EU ETS). Carbon Market Watch welcomes the outcome as a first step towards structural reform of the EU ETS but urges to restrict international offsets.