By Eva Filzmoser, Carbon Market Watch After the first commitment period of the Kyoto Protocol has ended, countries have decided to review the modalities and procedures of the Clean Development Mechanism (CDM) this year. Changes to these underlying rules of the functioning of the CDM will be adopted at the next UNFCCC conference…
International organizations welcome the World Bank Ombudsman´s initiative to scrutinize an investment project of the International Finance Corporation due to allegations of human rights violations of peasant communities in the Lower Aguán valley, Honduras, and demand immediate halt to the project. See the international statement here. However, a similar project at the same location remains…
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…
Brussels, 10 Sept, 2012. Today the High-Level Panel for the Clean Development Mechanism (CDM) Policy Dialogue presented its final report with recommendations on how to improve the CDM. The report fails to address some of the fundamental flaws of the CDM, in particular how to address the large oversupply of credits that do not represent…
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