News & Press

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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News
By Aki Kachi on 28 Jun 2017

Time to set sail for shipping climate action

After 20 years of procrastination, shipping sector is finally discussing a strategy to address its emissions that represent almost 3% of global greenhouse gasses. As the UN shipping body meets in London next week, ‘Paris spirit’ is needed to spur action in the sector. Summer 2017 – the UN shipping body, the International Maritime Organization…

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News
By Kelsey Perlman on 17 May 2017

Lead EU lawmaker agrees that global aviation deal should not automatically replace Europe’s carbon market

The European Parliament’s negotiator on aviation emissions has proposed to bring international flights back under the EU’s carbon market if the global aviation deal to tackle emissions is deemed insufficient.  Ambition in the sector remains low, but the draft report calls for higher auctioning shares, a timely review comparing EU and international aviation policy, and…

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News
By Juliane Voigt on 27 Apr 2017

Fostering sustainable development through climate action – what should the future UN mechanism look like?

In May, climate negotiators will again gather to flesh out the rules to implement the landmark Paris climate agreement. One of the topics on the agenda is the Sustainable Development Mechanism. To be effective, the successor to the Clean Development Mechanism must guarantee real, measurable and long-term benefits both in terms of emission reductions and…

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News
By Kelsey Perlman on 22 Sep 2016

Can a robust aviation climate deal take off?

In its Assembly from 27 September to 7 October, the International Civil Aviation Organization (ICAO) is expected to agree on an offsetting scheme to address the sector’s ever growing greenhouse gas emissions. Several improvements are needed before the Global Market Based Measure (GMBM) can even be called an acceptable first step to curb emissions from aviation….

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News
14 Jul 2016

Barro Blanco: flooding suspended, international lenders pressured to act

Faced with intense national and international pressure, Panamanian authorities suspended the flooding of the Barro Blanco reservoir two weeks after it began. International lenders are being pressured by international NGOs as they have a key role in settling the situation. On May 22nd, Panama’s National Authority for Public Services (ASEP) announced a “test flooding” of…

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News
14 Jul 2016

Carbon markets in the Paris Agreement: what’s next on the negotiation agenda?

The Paris Climate Conference agreed on strong provisions for markets, alongside provisions for non-market approaches. Next on the agenda is figuring out how these pieces work and fit together, how to improve and transition from the Kyoto Protocol’s measures -the Clean Development Mechanism (CDM) and Joint Implementation (JI), and how to integrate robust safeguards to…

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News
2 Jun 2016

Barro Blanco: Panama urged to suspend hydro dam flooding amid growing concerns over human rights violations

In a move to bring the contentious Barro Blanco hydro dam project towards its completion, the Panamanian authorities have given the green light to begin flooding the reservoir. Affected indigenous communities still oppose the project, refusing to leave their endangered lands. Carbon Market Watch and other international NGOs have sent a letter to Panama’s President…

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News
20 May 2016

Pressure builds on aviation leaders to reach a deal on emissions

Last week from 11 – 13 May ICAO, the global body responsible for civil aviation, held a High-level Meeting with all 191 Member States in Montreal. On the agenda: a global market based measure (GMBM) to address emissions from aviation. The meeting saw some progress around wording of the review clause and emissions unit criteria, but threats of delaying implementation beyond 2020 could derail urgently needed climate action.

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News
11 Apr 2016

Global Aviation Dialogues: crucial elements omitted from latest MBM draft proposal

The International Civil Aviation Organization (ICAO) organized five Global Aviation Dialogues (GLADs) around the world to discuss the latest draft proposal on a market based measure to curb emissions from international aviation. The dialogues came to a close on 8 April, but there are already worrying signs that important elements around ambition, emission unit quality criteria and double counting of these units may not be adequately addressed. If left untreated, these missing elements would lead to a toothless proposal that will do little for the environment.

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