News & Press

Carbon Market Watch News
By Kaisa Amaral on 29 Jun 2020

Carbon Market Watch Newsletter – June 2020

EU Green Deal at the heart of post-corona Europe Dear friends, Our leaders are hoping to clinch a deal in the coming weeks on the EU’s financial recovery package and the multi-annual budget. In September, we expect the European Commission to announce its proposal for an improved 2030 climate target. The science says that Europe…

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Carbon Market Watch News
By Kaisa Amaral on 31 May 2020

Carbon Market Watch Newsletter – May 2020

What kind of future do we want? Dear friends, The coronavirus debate is now very much focused on how to get our economies back on track, as governments ease up on the lockdown measures of recent months. Corporate lobbyists have been very active since the beginning of the turmoil. In our latest edition of the…

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Carbon Market Watch News
By Kaisa Amaral on 26 Mar 2020

Carbon Market Watch Newsletter – March 2020

Europe’s recovery plans will fall flat unless they drive a green transition Dear friends, Up until only a few weeks ago, the climate emergency topped Europe’s political agenda. The European Commission published its much-awaited EU Climate Law, proposing to make Europe’s climate-neutrality target legally binding. Another key initiative was the launch of the new industrial…

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Carbon Market Watch News
27 Feb 2017

The cost of climate inaction in the agricultural sector

This week key policymakers of the European Parliament discuss the EU’s largest climate instrument. Ahead of the debate, five organizations expose how a loophole in the law could significantly increase the costs of post-2030 climate efforts by delaying the required emission reductions in the agriculture sector. The Effort Sharing Regulation (ESR) covers around 60% of…

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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
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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Carbon Market Watch News
14 Jul 2016

Barro Blanco: flooding suspended, international lenders pressured to act

Faced with intense national and international pressure, Panamanian authorities suspended the flooding of the Barro Blanco reservoir two weeks after it began. International lenders are being pressured by international NGOs as they have a key role in settling the situation. On May 22nd, Panama’s National Authority for Public Services (ASEP) announced a “test flooding” of…

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Carbon Market Watch News
2 Jun 2016

Barro Blanco: Panama urged to suspend hydro dam flooding amid growing concerns over human rights violations

In a move to bring the contentious Barro Blanco hydro dam project towards its completion, the Panamanian authorities have given the green light to begin flooding the reservoir. Affected indigenous communities still oppose the project, refusing to leave their endangered lands. Carbon Market Watch and other international NGOs have sent a letter to Panama’s President…

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Carbon Market Watch 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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Carbon Market Watch News
1 Oct 2015

UN body launches tender to buy carbon offsets, excludes substandard projects from eligibility

Last week, the United Nations Office for Project Services (UNOPS) closed a tender to buy 350.000 carbon credits from the Clean Development Mechanism (CDM). According to the Invitation to Bid (ITB), offset credits must meet high quality requirements to be eligible. Quality criteria exclude coal, HFC-23 and large hydro projects that do not comply with additional quality assessments and favour projects that demonstrate improvements to the health, safety and welfare of people and especially women living near the projects.

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