News & Press

Carbon Market Watch News
8 May 2012

CDM Watch Discussion Forum Takes Off (Newsletter #19)

CDM Watch recently launched an online discussion forum to enable the public to participate in the CDM reform dialogue. The UN High-Level Panel on the CDM Policy Dialogue Panel is currently taking stock of the lessons learned in the CDM. CDM Watch’s Discussion Forum aims to foster open and constructive communication between civil society, policy…

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Carbon Market Watch News
8 May 2012

Joint Implementation – Why we are worried (Newsletter #19)

The future of Joint Implementation (JI) is uncertain. The mechanism will have to be revised for the next commitment period. Currently the vast majority of JI credits come from dubious projects in countries with large Assigned Amount Units (AAU) surpluses. In these countries JI can be used to ‘launder’ surplus AAUs. Parties will discuss the…

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Carbon Market Watch News
11 Feb 2012

Why we need to address the EU-ETS’ allowance surplus (Newsletter #18)

Guest article by Tomas Wyns, CCAP-Europe Europe’s climate action flagship, the EU Emissions Trading System (EU-ETS) is in troubled waters. Due to the economic crisis, carbon prices have collapsed resulting in a large surplus of allowances. If no action is taken, the EU-ETS could collapse and emission reduction efforts in the EU could be put…

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Carbon Market Watch News
11 Feb 2012

Five reasons the EU should not expect the UN to fix the carbon market (Newsletter #18)

In December 2011 the European Commission published its long awaited Study on the Integrity of the Clean Development Mechanism. The study summarises the merits of the CDM in five bullet points while allotting five entire pages to its shortcomings. The study also devoted a complete section to assessing demand-side reform measures including use restrictions to…

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Carbon Market Watch News
11 Feb 2012

Swedish involvement in Indian hydro CDM questioned (Newsletter #18)

Guest Article by Jens Holm, Member of Parliament (Left Party), Sweden Large-scale World Bank hydro power project, non-additional, far-reaching effects on the local environment, local opposition and no compensation for the affected local community. That is in sum the hydro electric power CDM-project Rampur, Himachal Pradesh, Northern India. The Rampur hydroelectric power project is a…

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Carbon Market Watch News
11 Feb 2012

A closer look at the CDM Executive Board agenda for 2012 (Newsletter #18)

We provide an overview on several issues on CDM Executive Board’s agenda in 2012. The agenda of CDM Executive Board’s first meeting in 2012 is full. Aside from the 25-page annotated agenda, there are no less than 31 appendices that Board members have to wade through! Most importantly the Board will discuss strategic priorities for…

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Carbon Market Watch News
11 Feb 2012

Civil society workshop on CDM in India, April 2012 (Newsletter #18)

Together with our Indian partners, CDM Watch will facilitate a workshop on CDM and carbon market developments from 18-20 April in Ahmedabad, India. This workshop will bring together a wide range of civil society organisations from across India, Nepal and Bangladesh. The objective of the workshop is to share experience with CDM projects and the…

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Carbon Market Watch News
11 Feb 2012

Upcoming CDM Watch event at the European Parliament (Newsletter #18)

CDM Watch is organising a lunch event on February 21, 2012 to discuss the key findings of the European Commission’s recently published “Study on the Integrity of the Clean Development Mechanism (CDM)” as well as important developments with regard to future carbon markets in the EU context.  The CDM is currently at a crossroads. Throughout…

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Carbon Market Watch News
11 Feb 2012

CDM Watch Durban assessment (Newsletter #18)

This is an overview of the most important carbon market-related decisions that were taken (or not taken) in Durban. Durban has come and gone. Almost 13,000 people, including delegations from over 190 nations, civil society organisations, environmental NGOs and business representatives met in Durban, South Africa to have their say at the 17th climate negotiations…

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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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