News & Press

Carbon Market Watch News
4 Nov 2016

Carbon Market Watch at COP22 in Marrakech

    Just after the Paris Agreement enters into force, the world will reconvene in Marrakesh to put the interpretive meat on the bones of the Paris Agreement, including on the role of carbon markets, notably Cooperative Approaches and the Sustainable Development Mechanism (SDM) in Article 6. In elaborating the rules of Article 6, Carbon…

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Carbon Market Watch News
14 Oct 2016

NGOs tell environment ministers to beef up effort sharing ambition

On Monday 17 October, the EU environment ministers’ will discuss for the first time the national 2030 climate targets for the transport, agriculture, waste and buildings sectors. Ahead of the meeting, a group of 29 organisations urges ministers to close loopholes in the climate law that will determine how the Paris Agreement is put into action in Europe.

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Carbon Market Watch News
21 Sep 2016

Barro Blanco: communities flooded despite rejected agreement – NGOs ask for withdrawal of CDM’s registration

On September 17, Ngäbe people rejected an agreement between top representatives and the government, signed only a month before. In the meantime, the test filling of the reservoir resumed which has flooded affected communities. Carbon Market Watch along with 80 other local and international NGOs, have called on the Panamanian authorities to withdraw the Barro…

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Carbon Market Watch News
21 Sep 2016

Effort sharing on the agenda

The EU Member States and the European Parliament have begun to work on a major piece of EU climate legislation that covers 60% of the bloc’s greenhouse gas emissions. Carbon Market Watch has analysed the Commission’s proposal and suggests ways to improve it.

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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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Press release
5 Jul 2016

UK referendum must not derail EU climate policy

Joint statement by Transport & Environment, Carbon Market Watch, Fern, WWF European Policy Office, and the European Environmental Bureau Brussels-based green NGOs [1] have urged the European Commission to push on with its 2030 climate legislation – despite the uncertainty in the wake of the UK referendum result. The proposal for Europe’s largest climate instrument,…

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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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Carbon Market Watch News
16 Mar 2016

Green Climate Fund under pressure after accrediting contested banks

Despite strong opposition from the civil society, the Green Climate Fund (GCF) Board last week in Songdo accredited two entities – HSBC and Crédit Agricole – that have been contested for money laundering, investment in fossil fuel and poor protection of human and environmental rights. This unveils the double standard poor track record plays in accrediting big or small entities.

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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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