News & Press

Press release
3 Nov 2011

Press Release: New Study Finds CDM Coal Projects Undermine Climate Goals while Receiving Billions in Climate Finance

Brussels. A study released today identifies deep systematic flaws in the crediting rules of coal plants under the Clean Development Mechanism (CDM). The research also shows that they do not reduce emissions compared to business as usual but could earn 451 million artificial carbon credits by 2020 and claim billions of Euros in climate finance. CDM Watch calls for the removal of this project type from the CDM.

Read more →

Press release
19 Sep 2011

Press Release: Large hydro project in India under scrutiny – Wikileaks puts integrity of UN carbon offsetting scheme under question

Brussels. CDM Watch and International Rivers call on the CDM Executive Board to reject the mega Rampur Hydroelectric Project in India from receiving CDM carbon credits because it does not comply with essential CDM requirements. They also call on the Swedish Energy Agency, as a party involved in the project, to prove compliance with World Commission of Dams criteria.

Read more →

Carbon Market Watch News
11 Sep 2011

Upcoming Event @ EU Parliament (Newsletter #16)

CDM Watch and Sandbag are organising a lunch debate on September 21, 2011 with members of the European Parliament. The focus of discussion will be whether contentious project types in the CDM undermine European climate goals. The European Union (EU) can achieve half of its greenhouse gas emission reductions by using CDM offset credits. The…

Read more →

Press release
18 Jul 2011

Press Release: EU action required as UN Panel keeps flawed rules of carbon offsetting scheme in place

Brussels/Washington. The UN´s CDM Executive Board has once again failed to address flawed rules of controversial coal and HFC-23 projects. Environmental groups are now calling on the European Union to ban carbon credits from coal projects in the EU´s Emissions Trading Scheme. The groups also call for additional safeguards to exclude credits from projects linked to human rights abuses.

Read more →

Press release
12 Jul 2011

Press Release: Controversial coal projects continue to be registered despite serious concerns over the methodology to be reviewed by CDM Executive Board

Washington D.C. As an United Nations panel of technical experts prepares to deliberate on the suspension of coal projects that, if approved, could lead to hundreds of millions of artificial carbon credits under the Clean Development Mechanisms (CDM), the CDM Executive Board registers another contested “Ultra Mega” coal project.

Read more →

Press release
11 Jul 2011

Press Release: Call to ban CDM projects linked to human rights abuses

Brussels. This week the United Nation’s Clean Development Mechanism Executive Board will decide whether to register a controversial carbon offsetting project in Honduras linked to serious human rights abuses. The project has triggered questions on whether credits from carbon offsetting projects that violate human rights should be banned in the European carbon market.

Read more →

Press release
7 Jul 2011

Press Release: UN Panel Calls for Immediate Suspension of Coal Power Projects

Marrakesh, Morocco. In a note published yesterday, a UN panel of technical experts called to immediately suspend coal projects under the Clean Development Mechanisms (CDM) after an analysis revealed that current rules could lead to millions of artificial carbon credits. The CDM Executive Board is expected to make a decision at its upcoming meeting beginning 11 July in Marrakesh.

Read more →

Carbon Market Watch News
5 Jul 2011

CDM waste methodologies in the spotlight. Guest Article by GAIA (Newsletter #15)

Guest article by Mariel Vilella – Global Alliance for Incinerator Alternatives (GAIA) The Global Alliance for Incinerator Alternatives[1] (GAIA) has been closely examining CDM waste management projects. Most CDM municipal waste management projects are problematic for three main reasons: They help perpetuate waste management strategies that prevent truly sustainable and more cost-effective options They usually threaten the…

Read more →

Carbon Market Watch News
4 Jul 2011

The Mandate to Protect Human Rights in the CDM (Newsletter #17)

Over the past months, allegations about CDM projects related to human rights violations have increased pressure on international policy makers to address this issue at the upcoming UNFCCC conference in Durban. CDM Watch believes that the United Nations, including the CDM Executive Board, as well as the European Union and other buyers have a mandate…

Read more →