News & Press

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.

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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.

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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.

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Press release
27 Nov 2010

Press Release: UN Issues Millions of Carbon Credits despite finding that Emission Reductions could be Overestimated

Cancun, Mexico. Climate Campaigners welcomed yesterday’s decision by the United Nations’ CDM Executive Board to suspend the crediting methodology for HFC-23 projects because it could lead to over-issuance of carbon credits. Revised rules will be presented in June 2011 but retro-active changes were not ruled out. CDM Watch called a separate decision to issue almost 20 million carbon credits to HFC-23 projects incoherent.

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