News & Press

Press release
28 May 2014

Press release: Call for UN carbon credit mechanism to reject Guatemalan project following allegations of murder and intimidation

Guatemala City -Brussels – In a meeting starting today, the Executive Board of the UN’s Clean Development Mechanism (CDM) will decide on whether to approve the Santa Rita Hydroelectric plant in Guatemala. The Peoples´Council of Tezulutlán and Carbon Market Watch call on the Board to reject this project because essential community consultation rules have been violated, tragically resulting in the alleged murders and intimidation of the affected community.

Read more →

Carbon Market Watch News
9 Apr 2014

New Sustainable Development Tool is a small step forward

The CDM Board published a tool to report about the contribution of CDM projects to sustainable development. The tool is far from being perfect but it is a step in the right direction to improve the oversight of sustainable development and to monitor co-benefits other than GHG reductions of climate mitigation projects. It could become a useful quality check tool for offset buyers and “cancellers” to help ensure a genuine contribution to sustainable development.

Read more →

Press release
16 Oct 2013

Press Release: Environmental organisations call on French government and EDF Trading to stop involvement in CDM coal power project

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 negative environmental impacts that pose a threat to the livelihood of…

Read more →

Carbon Market Watch News
30 Sep 2013

Lessons from the CDM: NAMAs & Sustainability Benefits (Newsletter #4)

Both the CDM and NAMAs have the goal to deliver sustainable development benefits. But for a number of political and structural reasons the CDM has failed to consistently and convincingly deliver such benefits. As NAMA initiatives are kicking off all over the world, we look at what lessons need to be taken into account to create a success story on how sustainable development can be achieved by climate mitigation projects and policies in developing countries.

Read more →

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.

Read more →

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…

Read more →

Press release
5 Mar 2013

Press statement: International organizations welcome World Bank Ombudsman´s initiative to scrutinize investment project in Bajo Aguán, Honduras

International organizations welcome the World Bank Ombudsman´s initiative to scrutinize an investment project of the International Finance Corporation due to allegations of human rights violations of peasant communities in the Lower Aguán valley, Honduras, and demand immediate halt to the project. See the international statement here. However, a similar project at the same location remains…

Read more →

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…

Read more →

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…

Read more →

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…

Read more →