News & Press

Carbon Market Watch News
18 Jun 2014

Contentious Santa Rita hydro dam project given UN go ahead

In June, members of the UN’s Clean Development Mechanism (CDM) Executive Board unanimously approved the Santa Rita Hydroelectric dam project #9713 despite widespread concerns that the local stakeholder consultation was not conducted correctly resulting in alleged human rights violations.

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Carbon Market Watch News
30 Sep 2013

Lessons from the CDM: NAMAs & Sustainability Benefits (Newsletter #4)

Both the CDM and NAMAs have the goal to deliver sustainable development benefits. But for a number of political and structural reasons the CDM has failed to consistently and convincingly deliver such benefits. As NAMA initiatives are kicking off all over the world, we look at what lessons need to be taken into account to create a success story on how sustainable development can be achieved by climate mitigation projects and policies in developing countries.

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Carbon Market Watch News
30 Sep 2013

Friend of the Court Brief filed in Panamanian Case challenging CDM project Barro Blanco (Newsletter #4)

The infamous CDM Barro Blanco hydro power project, registered in 2011, continues to cause unrest amongst indigenous communities in Panama. Civil society organizations filed a letter in an ongoing domestic lawsuit in a Panamanian court, after a visit by UN Special Rapporteur on the Rights of Indigenous Peoples who concluded that the government should have ensured adequate consultation. Despite the negative impacts on the Ngöbe communities, the CDM remains without remedies for affected people to appeal against CDM projects that violate applicable international, including international human rights laws.

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Carbon Market Watch News
4 Mar 2013

Resuscitating the Clean Development Mechanism (Newsletter #2)

During the 7th Conference of the Parties (COP-7) held in Marrakesh in 2001, Parties to the Kyoto Protocol decided to review the modalities and procedures of the Clean Development Mechanism (CDM) and  agree upon a revised set of rules at COP-19. Although the political decisions taken at COP-18 in Doha ignored the severe quality concerns…

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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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Carbon Market Watch News
12 Jul 2012

A Review of UNFCCC Carbon Market Developments (Newsletter #20)

The last intercessional UN climate negotiations took place in May in Bonn, Germany. The main theme of the two-week conference seemed to be “diverging views” on about every agenda item. There were diverging views about the length of the second commitment period of the Kyoto Protocol; about the work programme of the new Durban Platform…

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Carbon Market Watch News
11 Feb 2012

Five reasons the EU should not expect the UN to fix the carbon market (Newsletter #18)

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 complete section to assessing demand-side reform measures including use restrictions to…

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Carbon Market Watch News
11 Feb 2012

Swedish involvement in Indian hydro CDM questioned (Newsletter #18)

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, Himachal Pradesh, Northern India. The Rampur hydroelectric power project is a…

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Carbon Market Watch News
11 Feb 2012

CDM Watch Durban assessment (Newsletter #18)

This is an overview of the most important carbon market-related decisions that were taken (or not taken) in Durban. Durban has come and gone. Almost 13,000 people, including delegations from over 190 nations, civil society organisations, environmental NGOs and business representatives met in Durban, South Africa to have their say at the 17th climate negotiations…

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