News & Press

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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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
15 Feb 2011

The CDM Executive Board 2011 – What to expect (Newsletter #12)

CDM Watch welcomes yesterday´s appointment of Martin Hession, an Irish national who works for the UK’s Department for Energy and Climate Change (DECC) to chair the Board. Maosheng Duan from China was elected Vice-Chairman. In addition, a number of new members were elected to the Executive Board at COP 16 in Cancún bringing the following…

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Carbon Market Watch News
24 May 2010

Few CVs of Board members outstanding (Newsletter #8)

According to para15 of the latest CMP decision[1], Board members must publish their curricula vitae, statements on conflicts of interest, and details of any past and current professional affiliations on the UNFCCC CDM website. CDM Watch commends the Board members that have published their CVs online as well as made public statements on conflicts of…

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Carbon Market Watch News
22 Mar 2010

More than half of Board members do not take transparency seriously (Newsletter #7)

According to para15 of the latest CMP decision[1], Board members must publish their curricula vitae (CVs), statements on conflicts of interest, and details of any past and current professional affiliations on the UNFCCC CDM website. CDM Watch commends the Board members that have published their CVs online as well as made public statements on conflicts…

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Carbon Market Watch News
5 Jul 2009

Code of Conduct – improvement indispensable (Newsletter #2)

Annex to decision 3/CMP.1 paragraph 8 (f) requests “members, including alternate members, of the Executive Board shall have no pecuniary or financial interest in any aspect of a CDM project activity or any designated operational entity.” However, Board members often play multiple roles at the same time, including UNFCCC negotiators, representing their countries’ DNA or…

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