News & Press

Carbon Market Watch News
14 Jul 2016

Barro Blanco: flooding suspended, international lenders pressured to act

Faced with intense national and international pressure, Panamanian authorities suspended the flooding of the Barro Blanco reservoir two weeks after it began. International lenders are being pressured by international NGOs as they have a key role in settling the situation. On May 22nd, Panama’s National Authority for Public Services (ASEP) announced a “test flooding” of…

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Opinion
14 Jul 2016

Carbon markets in the Paris Agreement: what’s next on the negotiation agenda?

The Paris Climate Conference agreed on strong provisions for markets, alongside provisions for non-market approaches. Next on the agenda is figuring out how these pieces work and fit together, how to improve and transition from the Kyoto Protocol’s measures -the Clean Development Mechanism (CDM) and Joint Implementation (JI), and how to integrate robust safeguards to…

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Carbon Market Watch News
2 Jun 2016

Barro Blanco: Panama urged to suspend hydro dam flooding amid growing concerns over human rights violations

In a move to bring the contentious Barro Blanco hydro dam project towards its completion, the Panamanian authorities have given the green light to begin flooding the reservoir. Affected indigenous communities still oppose the project, refusing to leave their endangered lands. Carbon Market Watch and other international NGOs have sent a letter to Panama’s President…

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4 Apr 2016

Watch This! NGO Newsletter #14: Lessons from the CDM for the SDM and climate finance

In a historic step, the Paris agreement recognized the interconnectivity of climate change and human rights, specifying in its preamble that “Parties should, when taking action to address climate change, respect, promote and consider their respective obligations on human rights.” This also sets the foundation to make the newly established sustainable development mechanism (SDM) accountable to human rights…

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24 Nov 2015

WATCH THIS! NGO Newsletter #13: Member Spotlight – Paryavaran Mitra: Friends of Environment

This section aims at putting a network member under our newsletter spotlight! In this edition, Mahesh Pandya introduces Paryavaran Mitra, an Indian voluntary organization working in the field of environment and pollution issues using environmental laws as an advocacy tool. You would like to be in the next Member Spotlight? Contact Pierre-Jean: [email protected] –       Could you…

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Carbon Market Watch News
1 Oct 2015

CDM Board to discuss human rights safeguards

Following numerous incidents of human rights violations related to CDM projects, the CDM Board will, for the first time, discuss options to address these concerns at its next meeting starting on 12 October. It will also discuss recommendations to overhaul the CDM’s local stakeholder consultation rules, including a requirement that projects must repeat consultations if they have not been carried out in line with national laws.

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Carbon Market Watch News
1 Oct 2015

UN body launches tender to buy carbon offsets, excludes substandard projects from eligibility

Last week, the United Nations Office for Project Services (UNOPS) closed a tender to buy 350.000 carbon credits from the Clean Development Mechanism (CDM). According to the Invitation to Bid (ITB), offset credits must meet high quality requirements to be eligible. Quality criteria exclude coal, HFC-23 and large hydro projects that do not comply with additional quality assessments and favour projects that demonstrate improvements to the health, safety and welfare of people and especially women living near the projects.

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29 Sep 2015

COP21

From 30 November to 11 December 2015, countries met in Paris to flesh out a historic deal to tackle global warming. The Carbon Market Watch team was in Paris to support the negotiations providing independent analysis on key issues and to raise awareness about potential deal breakers. Our advocacy and capacity building activities focused on…

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Carbon Market Watch News
23 Sep 2015

UN launches new platform to offer stranded CDM carbon offsets

As part of the climate week in New York, the UN launched the “Go Climate Neutral Now” initiative- a new online platform to purchase carbon offsets generated by its Clean Development Mechanism (CDM). The initiative attempts to boost demand for CDM credits on the voluntary carbon market and for the aviation sector but fails to dodge the sale of bogus carbon offsets.

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