News & Press

Press release
22 Sep 2015

UN offers new marketplace for stranded carbon offsets

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.

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Carbon Market Watch News
5 Mar 2015

EU’s plan to link to Swiss carbon market adds pressure to announce an increased climate target

Tomorrow, the EU is expected to announce its climate contributions towards the Paris climate agreement. The expected decision will build on the European Commission’s Road to Paris vision published last week. Hopes are that Ministers take their chances to address a number of critical issues that risk severely undermining the 40% domestic reduction target. They include a clear commitment to increase the 40% target in case of linking the EU’s emissions trading system (EU ETS) with other carbon markets, the way land use emissions are accounted for and the threat the existing surplus of emission allowances pose on the 2030 climate target.

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Carbon Market Watch News
25 Feb 2015

European Commission publishes vision on the Paris Protocol to tackle climate change

Today, the European Commission (EC) has published a first glimpse of the mitigation contributions the EU intends to contribute to the Paris Protocol. The Communication launched today entitled “The Paris Protocol – A blueprint for tackling global climate change beyond 2020” includes a proposal for the EU’s proposed Intended Nationally Determined Contribution (INDCs) prepared in…

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Carbon Market Watch News
25 Nov 2014

Keeping the books on emission units

Accounting of emissions will be a cornerstone of a future climate treaty and is hugely important for the integrity of carbon markets as well as keeping us on track to limit global warming below 2°C. Lima will need to lay grounds for a rigorous accounting framework and robust unit quality requirements. It will also need to establish consistency to the ICAO process that is developing a global market based mechanism for aviation emissions.

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10 Sep 2013

Recode – Short documentary on Forest Carbon

Synopsis   Recode takes a fresh look at forest carbon; exploring the initiatives currently being developed to reduce emissions with forest resources. While outlining the current market approaches to emission sequestration, Recode addresses some of the drivers of deforestation and various efforts aimed at its containment in developing countries. Recognising the socioeconomic challenges surrounding forests…

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27 Mar 2013

Watch This! NGO Voices on Carbon Markets #5

Despite severely over-supplied carbon markets and lacking mitigation commitments, countries are currently developing additional carbon market schemes. At the same time, countries are contemplating what changes are needed to the underlying rules of the CDM. They are also negotiating REDD and other approaches to reduce emissions from international aviation. Throughout all these developments it is of utmost importance to take into account the lessons from the past. In order to achieve real benefits for climate and people, your voice on carbon markets will be important!

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Carbon Market Watch News
16 Nov 2012

Farewell CDM Watch – Welcome Carbon Market Watch! (Newsletter #1)

See Newsletter #1, November 2012 After an eventful three years, it is time to say farewell to CDM Watch and welcome Carbon Market Watch! From November 2012 Carbon Market Watch will continue the activities of CDM Watch and expand further to other carbon market initiatives. In the future, Carbon Market Watch will also scrutinise new…

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31 Oct 2012

Reform Panel ignores inherent flaws of the CDM (Watch this! #3)

In September, the High-Level Panel on the Clean Development Mechanism (CDM) Policy Dialogue presented its final report with recommendations on how to improve the CDM. Overall, the report fails to address fundamental flaws of the CDM, is strongly based on political opinions and ignores important research. It does however include important recommendations about improving accountability, establishing a grievance mechanism and stresses the importance for the CDM to go beyond offsetting. Nevertheless, decision-makers need to be careful with some of the recommendations of the Panel that simply aim at saving the CDM for its own sake because of the impending collapse of carbon markets.

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10 Oct 2012

Report by the European Parliament on Human Rights and Climate Change: EU policy Options

Study commissioned by the European Parliament DG for external policies (Directorate B – Policy Department) on Human Rights and Climate Change. Section 10.1.3 reports about human rights concerns regarding the acceptance of JI and CDM credits in the EU ETS with CDM project cases Barro Blanco (Panama) and Aguan (Honduras) cited as examples. The study recommends that the EU should be clear on the fact that JI/CDM credits from projects that violate or risk violating human rights may not be used within the EU ETS and that relevant criteria should be set up and imposed on investors located in MS territories. Bilateral agreement with host countries may be appropriate in this respect.

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