Brussels. A report published today by the UNFCCC’s expert panel shows that coal power plants that receive climate finance through the Clean Development Mechanism (CDM) may receive millions of artificial carbon credits under current rules.
Achieving a successful outcome at the upcoming climate change negotiations in Durban (COP17) depends fundamentally on the political will of Parties to agree to emissions reduction targets that are in line with the Cancun Agreement to prevent global warming beyond two degrees Celsius. CDM
The Aguan biogas project in Honduras (see article on Human Rights) not only highlights the need to address human rights issues in the CDM. It is also made it clear that CDM rules and procedures on local stakeholder consultation do not lead to effective
Standardisation of the additionality test has been suggested as a way to both ease requirements for project developers and to limit the number of non-additional credits. We summarise and comment on some of the upcoming plans to simplify parts of the CDM process. At
Additionality is intrinsically difficult to tackle and one of the main reasons why offsetting remains contentious. Recent publications and discussions highlight the fact that very large CDM projects are quite unlikely to be additional. The CDM Executive Board will discuss these additionality concerns during
Guest article by Iris Cheng, Climate & Energy Campaigner of Greenpeace International Eligibility of Carbon Capture and Storage (CCS) projects in the CDM will be discussed in Durban. CCS in the CDM means exporting unproven and risky technologies to developing countries and allowing oil
At its next meeting, the CDM Executive Board will debate proposed revisions to the HFC-23 methodology and whether to renew the crediting period for the Ulsan HFC-23 project. Shortly after, Parties in Durban will again discuss whether to allow new HCFC-22 facilities in the
Two new studies confirm that coal power plants in CDM are not additional and are severely over credited. CDM Watch calls for the removal of this project type from the CDM. Coal currently generates over 40% of the world’s electricity. Coal use is the
Brussels. A study released today identifies deep systematic flaws in the crediting rules of coal plants under the Clean Development Mechanism (CDM). The research also shows that they do not reduce emissions compared to business as usual but could earn 451 million artificial carbon
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