News & Press

Carbon Market Watch News
4 Nov 2016

Carbon Market Watch at COP22 in Marrakech

    Just after the Paris Agreement enters into force, the world will reconvene in Marrakesh to put the interpretive meat on the bones of the Paris Agreement, including on the role of carbon markets, notably Cooperative Approaches and the Sustainable Development Mechanism (SDM) in Article 6. In elaborating the rules of Article 6, Carbon…

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Carbon Market Watch News
25 Feb 2015

European Commission publishes vision on the Paris Protocol to tackle climate change

Today, the European Commission (EC) has published a first glimpse of the mitigation contributions the EU intends to contribute to the Paris Protocol. The Communication launched today entitled “The Paris Protocol – A blueprint for tackling global climate change beyond 2020” includes a proposal for the EU’s proposed Intended Nationally Determined Contribution (INDCs) prepared in…

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Carbon Market Watch News
25 Nov 2014

Keeping the books on emission units

Accounting of emissions will be a cornerstone of a future climate treaty and is hugely important for the integrity of carbon markets as well as keeping us on track to limit global warming below 2°C. Lima will need to lay grounds for a rigorous accounting framework and robust unit quality requirements. It will also need to establish consistency to the ICAO process that is developing a global market based mechanism for aviation emissions.

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Carbon Market Watch News
29 Aug 2014

Deadly protests against Guatemala hydro dam leave questions over UN Board’s project approval

In June, the UN Board of the Clean Development Mechanism (CDM) approved the contentious hydroelectric project Santa Ritadespite serious concerns over human rights violations. On 15 August 2014, a repressive security operation against the Q’eqchies communities of Cobán, Chisec and Raxruha by more than 1500 national police officers led to the forceful eviction of some 160 families resulting in three deaths, 50 injured, and a negative mark on the mechanism’s future. Carbon Market Watch is now calling for a formal investigation of the repressive actions and for the CDM’s Board to implement a grievance mechanism for affected communities.

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Carbon Market Watch News
18 Jun 2014

Contentious Santa Rita hydro dam project given UN go ahead

In June, members of the UN’s Clean Development Mechanism (CDM) Executive Board unanimously approved the Santa Rita Hydroelectric dam project #9713 despite widespread concerns that the local stakeholder consultation was not conducted correctly resulting in alleged human rights violations.

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Carbon Market Watch News
30 Sep 2013

Lessons from the CDM: NAMAs & Sustainability Benefits (Newsletter #4)

Both the CDM and NAMAs have the goal to deliver sustainable development benefits. But for a number of political and structural reasons the CDM has failed to consistently and convincingly deliver such benefits. As NAMA initiatives are kicking off all over the world, we look at what lessons need to be taken into account to create a success story on how sustainable development can be achieved by climate mitigation projects and policies in developing countries.

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Carbon Market Watch News
4 Mar 2013

Resuscitating the Clean Development Mechanism (Newsletter #2)

During the 7th Conference of the Parties (COP-7) held in Marrakesh in 2001, Parties to the Kyoto Protocol decided to review the modalities and procedures of the Clean Development Mechanism (CDM) and  agree upon a revised set of rules at COP-19. Although the political decisions taken at COP-18 in Doha ignored the severe quality concerns…

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Carbon Market Watch News
16 Nov 2012

Farewell CDM Watch – Welcome Carbon Market Watch! (Newsletter #1)

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…

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Carbon Market Watch News
16 Nov 2012

Who pays? Lessons from CDM forestry projects for REDD (Newsletter #1)

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…

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