Brussels, 14 October 2013. At today’s meeting of EU Environment Ministers, Hungary, Ireland, Italy, Lithuania, Poland and Spain refused to extend the EU-ETS ban on industrial gas offset credits to their national greenhouse gas reduction targets, prompting concern that some EU Member States are
At COP-19 in Warsaw, Parties will continue to discuss the development of new carbon markets under the so called Framework for Various Approaches (FVA). The FVA aims to set common rules for domestic and regional carbon markets to sell market units to other countries
Brussels, 9 October 2013. A report released today shows that Europe’s Member States will not need to implement new domestic measures between now and 2020 to reach their climate targets. The report is added proof that post 2020 targets need to be much higher
The EU’s 2030 Climate Framework must build on ambitious and economy-wide, legally binding climate, renewable energy and energy efficiency targets. Having strong and clearly laid out emission reductions targets for the non-ETS sectors will be vital in order to ensure the EU can meet
Dear friends,
The IPCC just released the first part of its new report. The news are daunting. We will see dramatic changes and effects will persist for many centuries even if emissions of CO2 stop. If we don’t act now, climate change will rapidly
EU policy makers are currently debating the design of the EU’s Climate Framework for the period of 2020-2030. Under the current Climate and Energy package, the use of international offset credits has undermined domestic mitigation action significantly both under the EU’s Emissions Trading Scheme
Both the CDM and NAMAs have the goal to deliver sustainable development benefits. But for a number of political and structural reasons the CDM has failed to consistently and convincingly deliver such benefits. As NAMA initiatives are kicking off all over the world, we
The infamous CDM Barro Blanco hydro power project, registered in 2011, continues to cause unrest amongst indigenous communities in Panama. Civil society organizations filed a letter in an ongoing domestic lawsuit in a Panamanian court, after a visit by UN Special Rapporteur on the
Interest in CDM coal power projects is shrinking rapidly. Following the announcement of the British government to stop endorsing investments in CDM coal projects from September 2013, EDF Trading also announced that it is no longer involved in Adani’s CDM coal power project in
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