News & Press

Opinion
By Juliane Voigt on 25 Oct 2017

Recap of the 17th Board meeting of the Green Climate Fund

The Board of the Green Climate Fund (GCF) met for the 17th time at its headquarters in Songdo, South Korea in July 2017 to discuss important policy issues for the way forward. One key issue on the agenda was the approval of new accredited entities to the Board, including two entities that are known for…

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Opinion
By Pierre-Jean Brasier on 25 Oct 2017

WATCH THIS! NGO Voices on Climate Finance & Carbon Markets #20 – October 2017

Editorial Dear partners, dear friends, Welcome to the 20th edition of our Watch This! Newsletter. In this edition, we introduce two of Carbon Market Watch’s new working topics: international shipping emissions and carbon pricing. On both issues, the involvement of the network will be key, as a vital counterweight to the interests of emitting industries….

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Carbon Market Watch News
By Juliane Voigt on 28 Sep 2017

Financing partners face criticism as UN’s climate fund meets

The Green Climate Fund (GCF) board meets from 30 September- 2 October in Cairo, Egypt. Board members are expected to approve 16 funding proposals and accredit 5 new entities that will then be able to distribute funds. The GCF is under pressure to get on with the job of disbursing the 10 billion US dollars…

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Opinion
By Femke de Jong on 25 Jan 2017

European Parliament draft reports help unlock low-carbon potential in non-ETS sectors

In 2016, the European Commission presented a legislative proposal to reduce the greenhouse gas emissions from the transport, buildings, agriculture and waste sectors. The Effort Sharing Regulation (ESR) is the EU’s largest climate instrument and regulates about 60% of our total emissions. In recent weeks, rapporteurs from three European Parliament committees presented their visions for moving the legislation forward.

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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
25 Nov 2014

Reap what you sow: participation in a global carbon market should be limited to countries with ambitious climate targets

The role of future carbon markets will rank high on the agenda in Lima. Against the insufficient climate action pledges that have been made so far, a key issue in Lima will be to establish participation criteria that will only allow those countries with a mitigation target in line with the 2°C target to participate in international carbon markets.

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Carbon Market Watch News
29 Aug 2014

Deadly protests against Guatemala hydro dam leave questions over UN Board’s project approval

In June, the UN Board of the Clean Development Mechanism (CDM) approved the contentious hydroelectric project Santa Ritadespite serious concerns over human rights violations. On 15 August 2014, a repressive security operation against the Q’eqchies communities of Cobán, Chisec and Raxruha by more than 1500 national police officers led to the forceful eviction of some 160 families resulting in three deaths, 50 injured, and a negative mark on the mechanism’s future. Carbon Market Watch is now calling for a formal investigation of the repressive actions and for the CDM’s Board to implement a grievance mechanism for affected communities.

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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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