News & Press

Press release
12 Jul 2011

Press Release: Controversial coal projects continue to be registered despite serious concerns over the methodology to be reviewed by CDM Executive Board

Washington D.C. As an United Nations panel of technical experts prepares to deliberate on the suspension of coal projects that, if approved, could lead to hundreds of millions of artificial carbon credits under the Clean Development Mechanisms (CDM), the CDM Executive Board registers another contested “Ultra Mega” coal project.

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Press release
11 Jul 2011

Press Release: Call to ban CDM projects linked to human rights abuses

Brussels. This week the United Nation’s Clean Development Mechanism Executive Board will decide whether to register a controversial carbon offsetting project in Honduras linked to serious human rights abuses. The project has triggered questions on whether credits from carbon offsetting projects that violate human rights should be banned in the European carbon market.

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Press release
7 Jul 2011

Press Release: UN Panel Calls for Immediate Suspension of Coal Power Projects

Marrakesh, Morocco. In a note published yesterday, a UN panel of technical experts called to immediately suspend coal projects under the Clean Development Mechanisms (CDM) after an analysis revealed that current rules could lead to millions of artificial carbon credits. The CDM Executive Board is expected to make a decision at its upcoming meeting beginning 11 July in Marrakesh.

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Press release
8 Dec 2010

Press Release: Issuance of Toxic Carbon Credits Undermines Credibility of UNFCCC Process

Cancún, Mexico. An open letter sent by a broad coalition of green groups including Greenpeace and WWF to the COP Presidency today calls to rescind millions of fake HFC-23 CDM credits. Environmentalists claim that the issuance of those credits has put a black mark on the environmental integrity of the CDM and prompted speculation that the UNFCCC process has been hijacked by special interests.

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