News & Press

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…

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Press release
5 Sep 2013

Press Release: EDF Trading backs away from Adani’s carbon offsetting coal project

NGOs welcome that EDF Trading, one of the top buyers of carbon credits from carbon offsetting projects, distanced itself from the controversial Adani Mundra CDM coal power project. Following a report commissioned by the Indian Ministry of Environment and Forests that found violations and non-compliance with environmental conditions by Adani Group’s Mundra Port, NGOs are now calling on the Indian government to withdraw the CDM approval for the project.

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Press release
7 Jun 2013

Press Release: New data shows airlines favour industrial gas projects to offset emissions

Last week, the International Air Transport Association (IATA) called on the International Civil Aviation Organisation (ICAO) Assembly to agree on a global carbon offsetting scheme to take effect in 2020. Recent data by the European Commission reveals for the first time the choice of offsets used by airlines during the first compliance period in the European Emissions Trading Scheme (EU ETS). The data shows that in 2012 airlines favoured using offset credits from HFC-23 and N2O industrial gas destruction projects, credits meanwhile banned in the EU ETS. NGOs demand a limited access and strict quality restrictions for any future global offsetting mechanism under ICAO.

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Press release
8 May 2013

Press Release: New offset credit data shows record use of dubious carbon credits; Norway backs away from wind and hydro offset credits

Last week, the European Commission released data about the 2012 use of offset credits in its Emission Trading Scheme (EU ETS). A large part of offset credits are from heavily criticised Joint Implementation projects and large-scale power plants under the Clean Development Mechanism. Carbon Market Watch calls for use restrictions of substandard carbon credits. Norway has been the first country to announce transitioning away from wind and hydro projects this year.

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Press release
26 Oct 2012

Press Statement: EU Member States fail to agree on eliminating 13 billion Kyoto surplus, squander opportunity for real climate action

Brussels, 26 October 2012. Yesterday, European Environment Ministers failed to agree on a solution on how to deal with the 13 billion surplus of emission reduction permits from the first Kyoto commitment period. CDM Watch is dismayed that the EU failed to agree to a common position to address the 13 billion surplus of emission…

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Press release
24 Oct 2012

Press Release: Environmental groups call on EU Ministers to eliminate ‘hot air’ pollution permits to save a future climate deal

Brussels, 24 October 2012. Tomorrow, EU Environment Ministers must find a common position to stop the gigantic handover of emissions allowances under the Kyoto Protocol which threatens the viability of any future climate deal. In open letters to all 27 Environment Ministers, more than 30 environmental groups have called for a common EU position to…

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Press release
13 Sep 2012

Press Release: Against Own Technical Advice, UN decides to subsidize, remove safeguards, for dirty coal power plants

Brussels, 13 September 2012.  This week the Executive Board of the Clean Development Mechanism (CDM) decided to reward the construction of new coal power plants with carbon credits, overruling recommendations by its own technical experts. Board members also strongly opposed improvements that would reduce the considerable quality problems of CDM carbon credits. These decisions will…

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Press release
13 Sep 2012

Press Release: New study shows Kyoto Protocol surplus of emission permits threatens future climate deal

Brussels, Sept 13, 2012. Current Kyoto Protocol rules allow rich countries to continue to emit greenhouse gases on a business-as-usual trajectory while  accumulating  over 17 billion tonnes of surplus emission reduction permits by 2020, a new study shows. This astronomical surplus threatens the viability of any future climate deal. At the UNFCCC negotiations in Bangkok…

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Press release
10 Sep 2012

Press Release: CDM High Level Panel’s recommendations do not deliver

Brussels, 10 Sept, 2012. Today the High-Level Panel for the Clean Development Mechanism (CDM) Policy Dialogue presented its final report with recommendations on how to improve the CDM. The report fails to address some of the fundamental flaws of the CDM, in particular how to address the large oversupply of credits that do not represent…

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