On 21 January, EU Member States endorsed the European Commission’s draft Regulation on the restriction of certain industrial gas credits in the EU Emissions Trading Scheme, a milestone in our campaign against the use of HFC-23/N2O AA offsets and a huge victory for the
According to Mayan believes, cataclysmic or transformative events will happen in 2012. In this first CDM Watch newsletter in 2012, we are looking at several issues and examine whether this could also be true for the international carbon market.
Guest article by Tomas Wyns, CCAP-Europe Europe’s climate action flagship, the EU Emissions Trading System (EU-ETS) is in troubled waters. Due to the economic crisis, carbon prices have collapsed resulting in a large surplus of allowances. If no action is taken, the EU-ETS could
In December 2011 the European Commission published its long awaited Study on the Integrity of the Clean Development Mechanism. The study summarises the merits of the CDM in five bullet points while allotting five entire pages to its shortcomings. The study also devoted a
Guest Article by Jens Holm, Member of Parliament (Left Party), Sweden Large-scale World Bank hydro power project, non-additional, far-reaching effects on the local environment, local opposition and no compensation for the affected local community. That is in sum the hydro electric power CDM-project Rampur,
A new paper highlights that even stringent revisions of the rules for CDM coal projects are highly unlikely to result in credits that represent real emission reductions and bring sustainable development. A revision will also not apply to the six projects that are already
We provide an overview on several issues on CDM Executive Board’s agenda in 2012. The agenda of CDM Executive Board’s first meeting in 2012 is full. Aside from the 25-page annotated agenda, there are no less than 31 appendices that Board members have to
The CDM Executive Board supervises the CDM and consists of 10 members and 10 alternates. Together with support staff from the UNFCCC Secretariat, they meet approximately six times a year to decide on new policies and methodologies; to review and register new projects; and
Published Articles CDM Watch Recommendations on the Reform of the CDM (28.11.2011) CDM Watch Newsletter at COP 17:Watch this! Progress and gossip about carbon markets at COP‐17 Issue 1 (28.11.2011) Issue 2 (30.11.2011) Issue 3 (03.12.2011) Issue 4 (06.12.2011) Open letters Open letter to
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