The future role of the Clean Development Mechanism (CDM) in the 2015 climate treaty is likely to be very limited. CDM advocates have therefore started to look beyond traditional funds for offsets and are now eyeing at climate finance. However, the CDM in its
In October 2014 EU leaders agreed to at least 40% binding domestic greenhouse gas reduction target by 2030 compared to 1990. This significant move away from allowing the use of international offsets also puts into question the EU’s plans to link up carbon markets
Accounting of emissions will be a cornerstone of a future climate treaty and is hugely important for the integrity of carbon markets as well as keeping us on track to limit global warming below 2°C. Lima will need to lay grounds for a rigorous
At the occasion of the international human rights day on 10 December 2014, the need to protect human rights in all climate actions will be high up on the agenda in Lima. The clock is ticking for delegates to put in place a robust
Proposals to include forests and land use activities in existing and new carbon markets will be discussed in Lima. But sequestration of carbon in land cannot compensate for continued fossil fuel emissions – fossil fuel emissions are permanent, whereas storing carbon in forests and
COP20 in Lima to establish the groundwork for a future climate treaty will take place in limbo over tangible commitments on climate action only expected throughout 2015. Yet, discussions on a number of crucial issues will happen in light of this uncertainty. A hot potato will
Carbon Market Watch brings you a list of suggested reading material to learn more about various topics. Enjoy the reading! Temperature sensitivity of soil respiration rates enhanced by microbial community response – Karhu, K. et al., Nature 513, 81–84 2014. http://www.nature.com/nature/journal/v513/n7516/full/nature13604.html#access New York Declaration
Local oppression of indigenous communities in the vicinities of the Santa Rita hydroelectric dam in Guatemala has not seen remedy of the situation after the project was registered by Clean Development Mechanism in June 2014. Despite the continued struggle the indigenous Q’eqchi´ and Poqomchí
The current global development framework, the Millennium Development Goals (MDGs), expires at the end of 2015 and will be replaced by the post-2015 global development framework, which will include a set of new Sustainable Development Goals (SDGs). As climate change poses a critical challenge
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