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Sham consultations, ruthless exploitation: CDM project experience in India

Guest article by Soumya Dutta, Beyond Copenhagen collective, India India hosts a big share of climate mitigation projects under the UN’s Clean Development Mechanism (CDM). Many of these projects have blatantly violated the rights of affected communities and stakeholder consultations are carried out rarely

Global markets

It’s time for rich countries to stop wasting money on fossil fuels

For almost a decade, the world’s most powerful economies have been making promises to stop channeling public money for fossil fuels that pollute our air and drive dangerous climate change, with little impact so far. This weekend’s G7 meeting in Canada is an opportunity

Carbon Market Watch Newsletter – May 2018

Editorial At the recent UN climate talks in Bonn, negotiations on future market provisions largely focused on the process, but key issues will need to be sorted out at the next session in Bangkok before the “Paris rulebook”  can be adopted. It is particularly important to have

Big polluters continue to get a free pass on Europe’s carbon market

Last week, the European Commission published a list of 44 industries, representing 90% of total industry emissions, that will continue to receive their pollution permits for free under Europe’s carbon market rules after 2020. Over-generous hand-out of free pollution permits doesn’t incentivise emission cuts,

Climate finance

The road ahead for UN carbon markets

Scroll down for French and Spanish Another round of UN climate talks closed on May 10th in Bonn, where negotiators discussed the “Paris Agreement rulebook”, a set of rules to regulate how commitments put forward in Paris can be implemented starting in 2020. The

EU carbon market

Polluters should pay into the EU budget – but how?

As usual, much attention on the recent EU budget proposal for 2021-2027 has focused on how the money will be spent. But where the funds come from and who will pay for Europe’s carbon-free transition is just as important. The European Commission rightly proposes

Carbon Market Watch Newsletter – April 2018

Editorial It’s been two years since the Paris climate deal was signed, and governments are busy working on the rules to put it into practice. Ahead of the UN Climate Change Conference in Bonn next week, we take a look at what is needed

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