Warsaw, Panama City – Last week, the Clean Development Mechanism’s Executive Board rejected the request for registration of the Bonyic Hydroelectric Project in the Naso indigenous territory in Panama. This decision demonstrates that the Board has the authority to exclude projects that fail to
Brussels/Paris/Ahmedabad, 16 October 2013. Today, thirty environmental NGOs from Europe and India have sent Open Letters to the French government and EDF Trading to clarify their involvement in a CDM coal power project in India. The project is in violation with domestic laws over
Brussels, 14 October 2013. At today’s meeting of EU Environment Ministers, Hungary, Ireland, Italy, Lithuania, Poland and Spain refused to extend the EU-ETS ban on industrial gas offset credits to their national greenhouse gas reduction targets, prompting concern that some EU Member States are
Brussels, 9 October 2013. A report released today shows that Europe’s Member States will not need to implement new domestic measures between now and 2020 to reach their climate targets. The report is added proof that post 2020 targets need to be much higher
NGOs welcome that EDF Trading, one of the top buyers of carbon credits from carbon offsetting projects, distanced itself from the controversial Adani Mundra CDM coal power project. Following a report commissioned by the Indian Ministry of Environment and Forests that found violations and
Today, a new NGO “Nature Code – Centre of Environment & Development” was launched to host Carbon Market Watch and future initiatives beyond carbon markets. The new organisation has the mission of ensuring that the protection and welfare of all living beings becomes the
Today, the EU Climate Change Committee approved a draft regulation by the European Commission that allows operators under the EU ETS to continue the use of more than 600 million offset credits for compliance with emission limits from 2013 to 2020. Carbon Market Watch
Today, the European Parliament voted in favor of the back-loading proposal to temporarily curb the oversupply of emission allowances in the EU Emissions Trading Scheme (EU ETS). Carbon Market Watch welcomes the outcome as a first step towards structural reform of the EU ETS
Yesterday the European Parliament’s Environment Committee voted in favour of a compromise deal on the European Commission proposal to temporarily curb the oversupply of emission allowances in the EU Emissions Trading Scheme (EU ETS). Carbon Market Watch criticizes the outcome as stifling and calls
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