News & Press

Opinion
By Eva Filzmoser | Pierre-Jean Brasier on 30 Nov 2017

Closing a (violent) chapter: Santa Rita hydro dam project officially cancelled

In October, the private sector lending arm of the World Bank Group (International Finance Corporation, IFC) confirmed the cancellation of a controversial Santa Rita hydroelectric project in Guatemala, approved under the UN’s carbon offsetting scheme Clean Development Mechanism (CDM). The announcement follows a report by the IFC Ombudsman which found serious failings in the project…

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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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Opinion
19 Jul 2017

WATCH THIS! NGO Voices on Climate Finance & Carbon Markets #19 July 2017

18 Jul 2017   Editorial Dear partners, dear friends, It is my pleasure to bring you the latest edition of the Watch This newsletter! This issue will give you the latest on the international climate negotiations. Our first article comes back on the latest UNFCCC intersession, which took place last May in Bonn, focusing specifically…

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Opinion
By Federica Pozzi on 18 Jul 2017

The importance of LULUCF accounting for the success of the Paris Agreement

18 Jul 2017  Climate negotiations, both at the EU and at the international level, have come at a crucial point regarding the role of the land sector to global emission reductions, which could “make or break” the Paris Agreement objective. An effective accounting system for land use emissions is crucial. Now is the time for…

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Opinion
By Juliane Voigt, Pierre-Jean Brasier on 13 Apr 2017

UN climate fund should learn from past mistakes and reject large hydro dam projects

In a controversial move, the Board of the Green Climate Fund (GCF) has approved three large hydro dam projects, despite concerns raised by civil society on the extensive adverse social and environmental effects these projects can have. This development has to be seen very critically, especially considering past negative experiences under the Clean Development Mechanism…

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Carbon Market Watch News
27 Feb 2017

The cost of climate inaction in the agricultural sector

This week key policymakers of the European Parliament discuss the EU’s largest climate instrument. Ahead of the debate, five organizations expose how a loophole in the law could significantly increase the costs of post-2030 climate efforts by delaying the required emission reductions in the agriculture sector. The Effort Sharing Regulation (ESR) covers around 60% of…

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Opinion
By Juliane Voigt on 16 Dec 2016

Still no closure for UN offsetting scheme review

At the COP 22 climate conference in Marrakesh, countries continued debating the review of the UN’s Clean Development Mechanism (CDM), which will serve as a model for the newly established Sustainable Development Mechanism (SDM). Parties generally shied away from controversial topics, such as demands to establish a grievance mechanism. In order for the CDM review…

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Opinion
By Kelsey Perlman on 1 Dec 2016

Forests must not be used to undermine climate commitments

Forests and land-use remain a contentious issue in climate negotiations but are an essential part of many countries’ climate pledges. The sector should be used as an additional climate tool, not as an excuse to reduce ambition in others. At the UN climate conference in Marrakesh, discussions on land use remained gridlocked because of the…

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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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Opinion
By Juliane Voigt, Aki Kachi on 23 Sep 2016

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

The Paris COP made strong provisions for markets and, non-market approaches. Next on the agenda is figuring out how these pieces work and fit together, what role they may play in a 1.5C scenario, how to improve and phase out the Kyoto Protocol’s measures (the Clean Development Mechanism (CDM) and Joint Implementation (JI)), and how…

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