News & Press

Opinion
19 Jul 2017

WATCH THIS! NGO Voices on Climate Finance & Carbon Markets #19 July 2017

18 Jul 2017   Editorial Dear partners, dear friends, It is my pleasure to bring you the latest edition of the Watch This newsletter! This issue will give you the latest on the international climate negotiations. Our first article comes back on the latest UNFCCC intersession, which took place last May in Bonn, focusing specifically…

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News
5 Mar 2015

EU’s plan to link to Swiss carbon market adds pressure to announce an increased climate target

Tomorrow, the EU is expected to announce its climate contributions towards the Paris climate agreement. The expected decision will build on the European Commission’s Road to Paris vision published last week. Hopes are that Ministers take their chances to address a number of critical issues that risk severely undermining the 40% domestic reduction target. They include a clear commitment to increase the 40% target in case of linking the EU’s emissions trading system (EU ETS) with other carbon markets, the way land use emissions are accounted for and the threat the existing surplus of emission allowances pose on the 2030 climate target.

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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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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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News
25 Nov 2014

NOT SMART: climate smart agriculture in carbon markets

Proposals to include forests and land use activities in existing and new carbon markets will be discussed in Lima. But sequestration of carbon in land cannot compensate for continued fossil fuel emissions – fossil fuel emissions are permanent, whereas storing carbon in forests and soils is temporary and can be easily reversed by cutting down trees and ploughing fields.

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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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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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Press release
10 Sep 2012

Press Release: CDM High Level Panel’s recommendations do not deliver

Brussels, 10 Sept, 2012. Today the High-Level Panel for the Clean Development Mechanism (CDM) Policy Dialogue presented its final report with recommendations on how to improve the CDM. The report fails to address some of the fundamental flaws of the CDM, in particular how to address the large oversupply of credits that do not represent…

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News
8 May 2012

Preview of the Climate Negotiations in Bonn (Newsletter #19)

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…

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News
11 Feb 2012

Loopholes (Newsletter #18)

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…

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