News & Press

Opinion
By Gilles Dufrasne on 24 Jul 2018

Green finance must be people-friendly

Today, civil society organisations have sent out a letter to leaders of the European Commission to call on them to adopt financial investment rules which will benefit both the people and the environment. The letter is part of a wider effort from civil society to make sure that “sustainable” finance does not end up harming people…

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Opinion
By Gilles Dufrasne, Eva Filzmoser on 16 May 2018

The road ahead for UN carbon markets

Another round of UN climate talks closed on May 10th in Bonn, where negotiators discussed the “Paris Agreement rulebook”, a set of rules to regulate how commitments put forward in Paris can be implemented starting in 2020. The rulebook is to be finalised by the UN climate change conference (COP24) in December this year in…

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Opinion
By Juliane Voigt on 25 Oct 2017

Recap of the 17th Board meeting of the Green Climate Fund

The Board of the Green Climate Fund (GCF) met for the 17th time at its headquarters in Songdo, South Korea in July 2017 to discuss important policy issues for the way forward. One key issue on the agenda was the approval of new accredited entities to the Board, including two entities that are known for…

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Carbon Market Watch News
By Juliane Voigt on 28 Sep 2017

Financing partners face criticism as UN’s climate fund meets

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…

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4 Apr 2016

Watch This! NGO Newsletter #14: Barro Blanco – construction nears completion without agreement with affected stakeholders

In February, 2015, the Panamanian government suspended construction of the Barro Blanco hydro dam after recognising the absence of agreement with affected stakeholders. One year later, the suspension has been lifted and the construction is close to completion. However, no dialogue or agreement with the affected local communities is within sight. One year ago, in…

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Press release
10 Feb 2015

UN registered Barro Blanco Hydroelectric Dam temporarily suspended over non-compliance with Environmental Impact Assessment

PANAMA CITY, Panama and GENEVA, Switzerland In a landmark decision, Panama’s National Environmental Authority (ANAM) temporarily suspended the construction of the Barro Blanco hydroelectric dam yesterday over non-compliance with its Environmental Impact Assessment (EIA). The dam was approved by the UN Clean Development Mechanism (CDM) despite risks of flooding to the territory of the indigenous Ngäbe Bugle communities.

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29 Oct 2014

Dialogue of the Deaf?

It is critical that civil society is actively involved in discussions about the shape of new market mechanisms. But what lessons can be learned from previous efforts to promote reform such as the CDM Policy Dialogue?

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29 Oct 2014

Expectations for COP20 in Lima

Success at the upcoming COP20 in Lima to establish the groundwork for a future climate treaty will largely depend on the willingness of rich nations to live up to their promises of delivering climate finance. With tangible commitments on climate action only expected throughout 2015, the challenge in Lima will be to establish necessary rules without having certainty of the level of ambition countries are prepared to make.

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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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