Sustainable Development in Rio+20: So close and yet so far away (Watch This! #2)

by CMWSustainable developmentPosted on Comments are Disabled

Scroll down for Spanish At the 1992 Earth Summit in Rio, the cornerstones of the Kyoto Protocol were laid down which then created the so-called Clean Development Mechanism with the aim of achieving carbon emission reductions and, at the same time, deliver sustainable development. Twenty years have passed and sustainable development remains one of the …

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Happy 1st Birthday CDM Watch Network! (Watch This! #2)

by CMWSustainable developmentPosted on Comments are Disabled

Scroll down for Spanish This time last year the CDM Watch Network was just launched.  Since then word has spread and the network has grown from a few activists and academics working with us on the CDM and carbon markets to nearly 500 member organisations and networks that work on various issues across 5 continents! …

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The CDM policy dialogue – Lobby showdown or honest review? (Watch this! #2)

by CMWGlobal markets, Sustainable developmentPosted on Comments are Disabled

Scroll down for Spanish Countdown’s almost up: The high-level panel on the CDM Policy Dialogue has finalised its report at their last meeting from 24-26 July in Johannesburg. The report summing up reform recommendations will be released in September 2012. We have closely followed the process and are worried that the results of the final …

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Highlights of 68th CDM Executive Board meeting (Watch This! #2)

by CMWGlobal markets, Sustainable developmentPosted on Comments are Disabled

Scroll down for Spanish The 68th meeting of the CDM Executive Board (EB) held in Bonn from 16 -20 July brought a victory against coal power projects in the CDM. It also advanced discussions on the sustainable development reporting (SD) tool that will be discussed and possibly approved  at the next Board meeting in September. …

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Watch This! NGO Voices on the CDM #2

by CMW2050 climate strategiesPosted on Comments are Disabled

The heat is on as last projects from emerging economies rush to registration before the change of eligibility for the European market at the end of the year will take effect. Dirty coal will not make the race as the methodology remains suspended. This decision kicks almost all future carbon credits from coal power projects out of the EU ETS. Good timing! While this is amazing news, much work still needs to be done to create finance mechanisms with net benefits for climate and people. Maybe the development of sustainable development goals launched this year at Rio+20 will be able to break the deadlock and contribute to

Press Release: New study shows loopholes could nullify climate commitments

by CMWGlobal marketsPosted on Comments are Disabled

Brussels, Aug 2, 2012. Countries have less than six months left to close the gigantic loophole that threatens the viability of new climate regimes. The Kyoto Protocol surplus allowance issue needs to be resolved otherwise climate commitments until 2020 could be nullified, a new peer-reviewed study shows. The EU, who so far has remained silent …

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Public Participation in the CDM

by CMWSustainable developmentPosted on Comments are Disabled

Scroll down for French and Spanish Although the stakeholder consultation process is a key requirement in the CDM process cycle, it has so far been treated as a mere formality. Often communities impacted by CDM projects are not informed about CDM projects or not given an accurate account of expected impacts. Moreover, civil society has now way …

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Press Release: UN Body decision marks end for dirty carbon credits from coal power in the EU emissions trading scheme

by CMWEU carbon market, Global markets, Sustainable developmentPosted on Comments are Disabled

Washington D.C., Brussels, 23 July 2012. The United Nations Clean Development Mechanism (CDM) Executive Board has taken a significant step towards a major victory against propping up the dirty, carbon intensive coal industry. In a meeting last week, the CDM Executive Board requested yet another round of scrutiny of the set of rules that would allow coal power plants in India and China to receive carbon credits.

The CDM sustainable development tool: why ‘highlighting’ will not deliver (Newsletter #20)

by CMWEU carbon market, Human rights in climate action, Sustainable developmentPosted on Comments are Disabled

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.