The Green Climate Fund (GCF) board meets from 30 September- 2 October in Cairo, Egypt. Board members are expected to approve 16 funding proposals and accredit 5 new entities that will then be able to distribute funds. The GCF is under pressure to get on with the job of disbursing the 10 billion US dollars…
See Newsletter #1, November 2012 After an eventful three years, it is time to say farewell to CDM Watch and welcome Carbon Market Watch! From November 2012 Carbon Market Watch will continue the activities of CDM Watch and expand further to other carbon market initiatives. In the future, Carbon Market Watch will also scrutinise new…
See Newsletter #1, November 2012 Forestry projects typically involve local communities and are challenging to implement. When farmers get involved with personal financial liabilities, the question of who bears the financial risk arises especially in cases where revenues from carbon credits do not materialise. A closer look at a CDM forestry project and the underlying…
The next climate negotiations will take place between 14-25 May in Bonn, Germany. CDM Watch will be there to advocate for environmental and social integrity in carbon markets. Here is a summary of the relevant issues that will be discussed in Bonn. New Market Mechanisms At the climate negotiations in Durban in November 2011 countries…
Our recent CDM Watch briefing paper looked at the cumulative impact of loopholes on emission reduction pledges countries have made. Our calculations show that pledges are small enough to fall right through current loopholes. Without swift action, we’re heading off the path of 2 degrees warming and hurtling towards 4 degrees of warming. We like…
The month of March saw a number of deadlines for public input to the UNFCCC policy process. The following section provides an overview of submissions made by CDM Watch: a. Areas and means for direct communication between the CDM EB and relevant stakeholder groups Communication between civil society representatives and the Board mainly happens via…
CDM Watch organized a 2-day CDM Workshop for NGOs, Activists and Citizens in Brazil’s capital Brasilia on 26 and 27 October. The steadily rising number of CDM projects in Brazil is observed with growing concern. The projects’ poor environmental integrity and lack of transparency paired with fraudulent activities to maximize credit issuance have put Brazilian…
During this Board meeting, members will decide about the fate of one of the most controversial projects ever submitted to the CDM Executive Board. Project 2569 “Reforestation as Renewable Source of Wood Supplies for Industrial Use in Brazil” by Plantar S.A was vehemently criticized over the past years in numerous publications, videos, technical reports, open…
In May 2008, the Board clarified whether the definition of forests within the context of the CDM would include palm trees and bamboos. It decided that the definition may treat palm trees and bamboos in the same way as trees, if DNAs would confirm that in their forest definition. It also decided that the definitions…
The yearly meeting of the Conference of the Parties serving as the meeting of the Parties to the Kyoto Protocol took place for the 5th consecutive time in Copenhagen (CMP.5) in December 2009. One off the aims was to improve the current CDM and to establish a yearly work programme for the CDM Executive Board….
Kaisa Amaral, Communications Director
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