News & Press

Carbon Market Watch News
4 Mar 2013

Resuscitating the Clean Development Mechanism (Newsletter #2)

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…

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20 Dec 2012

NGO Voices on carbon markets at COP18 (Watch This! #4)

See Watch This! #4, December 2012 Agricultural carbon markets – selling out food security? By Teresa Anderson, International Advocacy Co-ordinator for the Gaia Foundation At COP18 in Doha, carbon markets continued their inexorable spread into every arena of climate work, including agriculture.  With heavily politicised debates over emissions reductions, loopholes and carbon markets in almost…

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Carbon Market Watch News
16 Nov 2012

Farewell CDM Watch – Welcome Carbon Market Watch! (Newsletter #1)

See Newsletter #1, November 2012 After an eventful three years, it is time to say farewell to CDM Watch and welcome Carbon Market Watch! From November 2012 Carbon Market Watch will continue the activities of CDM Watch and expand further to other carbon market initiatives. In the future, Carbon Market Watch will also scrutinise new…

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Carbon Market Watch News
16 Nov 2012

Who pays? Lessons from CDM forestry projects for REDD (Newsletter #1)

See Newsletter #1, November 2012 Forestry projects typically involve local communities and are challenging to implement. When farmers get involved with personal financial liabilities, the question of who bears the financial risk arises especially in cases where revenues from carbon credits do not materialise. A closer look at a CDM forestry project and the underlying…

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31 Oct 2012

Looks are deceptive: JK Paper Mill’s A&R CDM project is double profit for the company, huge loss for local people (Watch This! #3)

Visiting Dinabandhu Gand of Kauguda village in the Kalahandi district of Odisha shows that CDM projects in afforestation and reforestation can do the opposite to what they are designed to. In a place where climate change is already inducing ever more annual droughts, this business in the name of mitigating climate change is in fact causing a double effect on people. It raises serious concerns about the effectiveness of afforestation and reforestation projects under the CDM and the impacts they have on local communities.

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31 Oct 2012

Improving Rural Livelihoods Through Carbon Sequestration? (Watch this! #3)

Land grabbing in India takes many forms including expansion of plantation monoculture for carbon sequestration. Often, private companies are contracting farmers to grow eucalyptus trees, purportedly as raw materials for paper, promising higher income. Hoping it could be a ticket out of poverty, many farmers joined the ride with disastrous consequences. This article looks at the impacts that Afforestation and Reforestation (A/R) projects can have on local farmers.

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Press release
10 Sep 2012

Press Release: CDM High Level Panel’s recommendations do not deliver

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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Carbon Market Watch News
8 May 2012

Preview of the Climate Negotiations in Bonn (Newsletter #19)

The next climate negotiations will take place between 14-25 May in Bonn, Germany. CDM Watch will be there to advocate for environmental and social integrity in carbon markets. Here is a summary of the relevant issues that will be discussed in Bonn. New Market Mechanisms At the climate negotiations in Durban in November 2011 countries…

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Carbon Market Watch News
11 Feb 2012

Loopholes (Newsletter #18)

Our recent CDM Watch briefing paper looked at the cumulative impact of loopholes on emission reduction pledges countries have made. Our calculations show that pledges are small enough to fall right through current loopholes. Without swift action, we’re heading off the path of 2 degrees warming and hurtling towards 4 degrees of warming. We like…

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