News & Press

News
By Gilles Dufrasne | Kaisa Amaral on 17 Jun 2019

UN climate negotiators to discuss future carbon markets as calls to end offsetting grow louder

This week, UN climate negotiators are meeting in Bonn, Germany, to try and find common ground on the Paris Agreement’s market provisions. There is growing political momentum to move beyond offsetting in global climate policy, but only a handful of countries around the negotiating table are willing to walk the talk. “We can no longer…

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News
By Gilles Dufrasne on 14 Sep 2018

UN market negotiations: Will we learn from the past?

The divide between countries on key elements of the new UN carbon markets have become apparent at the last UNFCCC session which closed last week in Bangkok. Open questions around the transition of old markets and how to ensure that carbon offsets do not water down climate ambition are set to continue during COP24, when major rules of the Paris Rulebook are expected to be finalised in December in Katowice, Poland.

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News
By CAN International on 6 Sep 2018

The New Article 6: We Know What We Need (ECO: UNFCCC SB48)

Market negotiations resumed at full speed in Bangkok, with new text being published after only one day of negotiations. Parties are feeling the pressure now that COP24 is looming. We’ve started the session by hearing lists of priorities for items that could not be postponed to 2019 (assuming  that not all issues could be resolved…

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Press release
18 Apr 2017

New study adds urgency to end UN carbon offsetting scheme

Brussels 19 April 2017. The European Commission has released a new study showing major flaws in carbon offsets from the Clean Development Mechanism (CDM). As countries flesh out the rules to implement the Paris Agreement, Carbon Market Watch calls for an end to the scheme, and a shift away from offsetting as a climate policy…

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News
21 Sep 2016

Barro Blanco: communities flooded despite rejected agreement – NGOs ask for withdrawal of CDM’s registration

On September 17, Ngäbe people rejected an agreement between top representatives and the government, signed only a month before. In the meantime, the test filling of the reservoir resumed which has flooded affected communities. Carbon Market Watch along with 80 other local and international NGOs, have called on the Panamanian authorities to withdraw the Barro…

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News
13 Apr 2016

Barro Blanco hydro dam: time is running out for affected communities

In February 2015, the Panamanian government suspended construction of the Barro Blanco hydro dam after recognising shortcomings in the agreement with affected stakeholders. One year later, and with the suspension now lifted, construction of the dam nears completion with some local communities fearing forced eviction from their homes. Supporters are calling on the Panamanian President to ensure that the affected communities are free from repression.

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Press release
12 Oct 2015

UN’s carbon offsetting executive to discuss human rights safeguards

Brussels, 12 October. Following numerous incidents of human rights violations related to carbon offsetting projects, the UN’s Board of the Clean Development Mechanism (CDM) will, for the first time, discuss options to address these concerns at its 86th meeting starting today. The Board will also discuss recommendations to overhaul the CDM’s local stakeholder consultation rules, including a requirement that projects must repeat consultations if they have not been carried out in line with national laws. In an open letter, 96 groups from 35 countries have highlighted their support for these changes.

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News
1 Oct 2015

CDM Board to discuss human rights safeguards

Following numerous incidents of human rights violations related to CDM projects, the CDM Board will, for the first time, discuss options to address these concerns at its next meeting starting on 12 October. It will also discuss recommendations to overhaul the CDM’s local stakeholder consultation rules, including a requirement that projects must repeat consultations if they have not been carried out in line with national laws.

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