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…
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…
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…
Editorial Dear partners, dear friends, Welcome to the 20th edition of our Watch This! Newsletter. In this edition, we introduce two of Carbon Market Watch’s new working topics: international shipping emissions and carbon pricing. On both issues, the involvement of the network will be key, as a vital counterweight to the interests of emitting industries….
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…
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…
Editorial Dear partners, colleagues, allies, On the occasion of this first 2017 Watch This Edition, we would like to consult you. The years to come will be critical to determine if carbon markets actually contribute to the fight against climate change and to the transition towards a low carbon economy. Here at Carbon Market Watch,…
The Swedish Energy Agency (SEA) has faced criticism for purchasing CDM carbon credits from a tree plantation project at Kachung, Uganda. The SEA signed a 20 year (2012-2032) purchase agreement with Norwegian company Green Resources, but later suspended payments due to problems with the project. In March 2016 the SEA announced that it would not…
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…
Brussels, 22 September 2015. Today, at the climate week in New York, the UN launched the “Climate Credit Store”- a new online platform to purchase carbon offsets generated by its Clean Development Mechanism (CDM). The initiative attempts to boost demand for CDM credits on the voluntary carbon market and for the aviation sector but fails to dodge the sale of bogus carbon offsets.
Kaisa Amaral, Communications Director
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