HFC-23 projects in the CDM have become the focus of media attention over their lack of environmental integrity in the past weeks[1]. During this upcoming meeting, the Board will finally discuss new evidence showing that the current CDM methodology creates perverse incentives for plant
Dear friends,
The CDM Executive Board will hold its 55th meeting from 26-30 July 2010 in Bonn. As usual, CDM Watch takes the opportunity to read between the lines of the annotated draft agenda to bring some transparency to the decisions of the Executive
SANDBAG has published its newest report on offsets in the EU: International Offsets and the EU 2009: an update on the usage of compliance offsets in the EU Emissions Trading Scheme – by Rob Elsworth and Bryony Worthington The report is based on a
European countries are the major market for carbon credits associated with HFC-23 (trifluoromethane) destruction projects under the UNFCCC’s Clean Development Mechanism (CDM). The EU linking Directive allows Certified Emission Reductions (CERs) from the CDM to be traded in the EU Emissions Trading Scheme (ETS).
An update on the usage of compliance offsets in the EU Emissions Trading Scheme A Sandbag Report – July 2010 Download Report here
A coalition of environmental NGOs today said that the UN CDM Executive Board must react on the CDM Panel’s recommendation for a thorough investigation to adequately address fundamental flaws in Clean Development Mechanism (CDM) rules that incentivize production and issuance of phony carbon credits.
Commissioned by WWF, the Öko-Institut analysed, for the second time, to what degree DOEs (Designed Operational Entities) fulfill the requirements of the UNFCCC CDM Executive Board (EB). More than 900 projects have been evaluated for this analysis. The rating is based on a statistical
When creating the Clean Development Mechanism (CDM), the Kyoto Protocol described three main aims: meeting greenhouse gas reduction targets, sustainable development, and providing emissions cuts for the lowest cost. This study argues that these three aims represent powerful discourses, justifying the European Union’s continued
CDM Watch has confronted the United Nations with new evidence that alleged emissions reductions from HFC-23 destruction projects under the CDM offsetting mechanism are actually increasing global greenhouse gas emissions. The evidence was put forward in an official submission which calls for a benchmark
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