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Carbon Market Watch @COP19

Courtesy of un.org In the early hours of Sunday, 24 November 2013, the 19th Conference of the Parties (COP19) to the United Nations Framework Convention on Climate Change (UNFCCC) concluded in Poland, Warsaw. After a 40 hour negotiating marathon, the conference concluded with a package of

CDM Investors Snub Coal Power (Newsletter #4)

Interest in CDM coal power projects is shrinking rapidly. Following the announcement of the British government to stop endorsing investments in CDM coal projects from September 2013, EDF Trading also announced that it is no longer involved in Adani’s CDM coal power project in

Global markets

Letter to Dr. A. Duraisamy, Director & Member Secretary National CDM Authority, India demanding to withdraw the approval letter for Adani Power’s registered CDM project

The undersigned organizations would like to bring your attention to the fact that Adani Power’s project “Grid connected energy efficient power generation”, which is registered under the United Nations’ Clean Development Mechanism (CDM), is in violation with various national regulations, as highlighted in the

Global markets

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,

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