Guatemala City -Brussels – In a meeting starting today, the Executive Board of the UN’s Clean Development Mechanism (CDM) will decide on whether to approve the Santa Rita Hydroelectric plant in Guatemala. The Peoples´Council of Tezulutlán and Carbon Market Watch call on the Board
The European Commission has unveiled a list of 175 industries that will receive protection from the costs of climate change policies (“carbon leakage”) up to 2019. Surprisingly more financial support will be handed over to energy-intensive firms, despite there being no evidence for the
New research shows that a new climate deal must be based on multi-year, not annual, emissions budgets and comprehensively revised accounting rules to ensure the environmental integrity of targets and markets. In particular the reports call for an end to so-called double-counting of emissions
Yesterday, the European Commission released new data on the number and origin of carbon offsets used in 2013 by companies in the EU Emissions Trading Scheme (ETS). Despite new eligibility criteria that took effect in 2013 which should incentivise investments in Least Developed Countries
Today, the European Commission released data on the number of international offsets used in 2013 by companies in the EU Emissions Trading Scheme (EU ETS). Unlike previous years, the European Commission only released aggregate information which means it is no longer possible to check
The number of carbon offsets used in 2013 by companies in the EU Emissions Trading Scheme (ETS) was publicly released today but a dramatic reduction in the data made available was condemned by Sandbag Climate Campaign, the Climate Market & Investment Association (CMIA), and
Carbon Market Watch has set out its views on reform of the Clean Development Mechanism (CDM). The proposals, sent in a response to a consultation launched last year, include provisions on how to ensure projects result in genuine net environmental benefits. The submission also
Adani’s thermal coal plant was the first supercritical coal power project that was registered under the CDM on 16 December 2009.
The Barro Blanco Hydroelectric Power Plant Project was approved for the Clean Development Mechanism (CDM) despite the concerns of local and international NGOs.
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