News & Press

Carbon Market Watch News
18 Jun 2014

Contentious Santa Rita hydro dam project given UN go ahead

In June, members of the UN’s Clean Development Mechanism (CDM) Executive Board unanimously approved the Santa Rita Hydroelectric dam project #9713 despite widespread concerns that the local stakeholder consultation was not conducted correctly resulting in alleged human rights violations.

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Carbon Market Watch News
30 Sep 2013

Friend of the Court Brief filed in Panamanian Case challenging CDM project Barro Blanco (Newsletter #4)

The infamous CDM Barro Blanco hydro power project, registered in 2011, continues to cause unrest amongst indigenous communities in Panama. Civil society organizations filed a letter in an ongoing domestic lawsuit in a Panamanian court, after a visit by UN Special Rapporteur on the Rights of Indigenous Peoples who concluded that the government should have ensured adequate consultation. Despite the negative impacts on the Ngöbe communities, the CDM remains without remedies for affected people to appeal against CDM projects that violate applicable international, including international human rights laws.

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Carbon Market Watch News
30 May 2013

Reforming the CDM: Mission Impossible? (Newsletter #3)

At the upcoming intercessional conference starting on 3 June in Germany, Parties will discuss revisions to the rules that govern the CDM. We highlight the most important issues that need to be addressed in order to strengthen the environmental and social integrity of the CDM. This year Parties will revise the rules that govern the…

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Carbon Market Watch News
4 Mar 2013

What finance for REDD+? (Newsletter #2)

Forests play a vital role in mitigating climate change and are crucial in the struggle for sustainable development. Not only do they have a fundamental role in the preservation of global ecological systems, they are especially important for supporting the lives and livelihoods of an estimated 1.6 billion forest dependent peoples. The ability of forest…

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Carbon Market Watch News
16 Nov 2012

CDM Executive Board – Bad timing for wrong-headed decisions (Newsletter #1)

See Newsletter #1, November 2012 At its last meeting in September, CDM Executive Board made a series of unfortunate decisions. At their upcoming meeting in Doha they will again discuss a number of important issues. At a time when carbon markets are collapsing due to severe oversupply, the CDM needs to be significantly reformed. Board…

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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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Carbon Market Watch News
12 Jul 2012

A Review of UNFCCC Carbon Market Developments (Newsletter #20)

The last intercessional UN climate negotiations took place in May in Bonn, Germany. The main theme of the two-week conference seemed to be “diverging views” on about every agenda item. There were diverging views about the length of the second commitment period of the Kyoto Protocol; about the work programme of the new Durban Platform…

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Carbon Market Watch News
11 May 2012

High expectations on High-Level CDM Policy Dialogue Panel

After the CDM Policy Dialogue was launched at COP-17 in Durban the members of the high-level panel held its first meeting this February. The first meeting provided clarity that the panel will be developing recommendations about the CDM’s internal workings, the future direction and its impact to mitigation and sustainable development. Expectations are high… At…

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