In less than one year, the world’s countries are expected to flesh out an agreement to address climate change and advert dangerous global warming. UN negotiators will meet for the first time in 2015 in Geneva with the goal to deliver a final negotiating
In Lima, Carbon Market Watch together with local Indian launched the ‘CDM Benefit Tracker India’, an interactive map that compares the sustainable development objectives outlined in CDM project application documents with eye witness accounts from local communities. Project owners have now been invited to
In December 2014 implementing rules to achieve the CO2 reduction target of oil suppliers in Europe were adopted. The newly adopted fuel standard opens doors for oil companies to use questionable offsets, including from heavily contested activities related to tar sand exploitation in Alberta.
This month, South Korea became the second Asian country after Kazakhstan to officially start a national carbon market. The first carbon allowances that were traded on the Korea Exchange were sold at a similar price to that in Europe’s emissions trading system (EU ETS).
Brussels, 17 December 2014. Today, the European Parliament adopted the proposal to implement the Fuel Quality Directive (FQD), opening doors for the use of offsets associated with Alberta’s tar sands. A report launched today shows how the oil companies’ lobby succeeded in watering down
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Lima, 12 December 2014. As climate talks in Lima are approaching the final hours, countries cannot agree on how to deal with the backlog of hot air under the Kyoto Protocol, equalling 13 billion tonnes of CO2. An unholy alliance between the Ukraine, Belarus
Brussels/Lima 8 December 2014, today the ‘CDM Benefit Tracker India’ will be launched in Lima, Peru. The Tracker compares eye witness accounts of local communities with sustainability objectives of CDM projects and finds severe discrepancies between claims and local realities. Local groups are now
The role of future carbon markets will rank high on the agenda in Lima. Against the insufficient climate action pledges that have been made so far, a key issue in Lima will be to establish participation criteria that will only allow those countries with
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