Land grabbing in India takes many forms including expansion of plantation monoculture for carbon sequestration. Often, private companies are contracting farmers to grow eucalyptus trees, purportedly as raw materials for paper, promising higher income. Hoping it could be a ticket out of poverty, many
Carbon markets are in the dumps and the future for these so called “flexible mechanisms” is grim. It’s no wonder carbon markets are collapsing; we don’t need them because weak pledges and the economic crisis are reducing emissions for us. The next international climate
The European Union is considered a leader in the international negotiations on climate change. Its main instrument to cut greenhouse gases (GHGs) from industrial emitters is the European Emissions Trading Scheme (EU ETS). However, the effectiveness of the EU ETS has been increasingly questioned
Last month coal was let back into the CDM. Yes you heard right, despite all evidence new heavily polluting coal power plants can once again apply to earn carbon credits. So, theoretically, a coal-fired power plant in Europe can still offset its emissions with
When the Clean Development Mechanism (CDM) Executive Board held its meeting in September in Bangkok more than 4,500 CDM projects had been registered and more than 1 billion CDM offset credits or Certified Emission Reduction (CER) units issued. At the same time, CER prices
In September, the High-Level Panel on the Clean Development Mechanism (CDM) Policy Dialogue presented its final report with recommendations on how to improve the CDM. Overall, the report fails to address fundamental flaws of the CDM, is strongly based on political opinions and ignores
Brussels, 26 October 2012. Yesterday, European Environment Ministers failed to agree on a solution on how to deal with the 13 billion surplus of emission reduction permits from the first Kyoto commitment period. CDM Watch is dismayed that the EU failed to agree to
Brussels, 24 October 2012. Tomorrow, EU Environment Ministers must find a common position to stop the gigantic handover of emissions allowances under the Kyoto Protocol which threatens the viability of any future climate deal. In open letters to all 27 Environment Ministers, more than
This report, one of three commissioned by the High-Level Panel on the CDM Policy Dialogue, aims to provide an independent assessment of the impact of the CDM across a broad range of metrics and possible effects. The impact of the CDM is assessed firstly
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