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Briefings
31 Jul 2020

Carbon markets 101 – the ultimate guide to global offsetting mechanisms

Introduction This briefing gives an overview of the current discussions under Article 6 of the Paris Agreement which establishes the foundation for market-based climate measures after 2020. It lays out key lessons from the Kyoto Protocol markets, highlights essential issues within the Article 6 negotiations, and provides recommendations on how to solve them. It concludes…

Briefings
29 Oct 2018

The Clean Development Mechanism: Local Impacts of a Global System

Executive Summary The Clean Development Mechanism (CDM) was set up under the 1997 Kyoto Protocol to allow developed countries to buy emissions reductions from developing countries in the form of credits, called Certified Emissions Reductions (CERs). The objectives of the CDM are to help developed countries achieve their climate commitment and to assist developing countries in achieving sustainable…

Briefings
31 Aug 2018

Reconciling CORSIA and the Sustainable Development Mechanism

Executive Summary The Paris Agreement breaks away from the division of “developed” vs. “developing” countries which was enshrined in the Kyoto Protocol. It sets a new dynamic which will inevitably impact the next generation of carbon markets. It further sets new objectives for these mechanisms, such as contributing to overall mitigation of global GHG emissions and…

Briefings
20 Nov 2015

Recommendations related to the role of carbon markets in the Paris Agreement

Only very few countries have outlined in their Intended Nationally Determined Contributions (INDCs) that they will use international trading as a means to help achieve their climate goals. However, despite the limited role of markets expressed by most industrialised countries in their INDCs, such as the EU and the US, the political reality regarding domestic carbon pricing schemes looks different: jurisdictions responsible for 40% of the global economy have already implemented carbon pricing mechanisms.

Briefings
7 Nov 2015

Report of the 11th Board meeting of the Green Climate Fund (GCF) Board

Between 2-5 November 2015, the 11th meeting of the Green Climate Fund (GCF) Board was held in Livingstone, Zambia. This meeting was a landmark for the GCF as for the first time the Board considered actual funding proposals to be approved and funded by the GCF.

Briefings
1 Sep 2015

Policy Brief: Social and environmental accountability of climate finance instruments

Climate change is a global injustice to present and future generations, and one of the greatest human rights challenges of our time. For one, climate change has a significant effect on several human rights, such as the right to safe and adequate water and food, the right to health and adequate housing, and the right to life. On the other hand, certain actions to address climate change can directly result in adverse impacts on human rights.

Briefings
17 Jul 2015

WEBINAR REPORT: ”What are NAMAs and how can civil society organisations benefit from them?” – 8 July 2015

As a part of capacity building work on NAMAs, Carbon Market Watch organized a webinar on NAMAs and how civil society can contribute to and benefit from the process. The aim of the webinar was to build understanding among the civil society organisations (CSOs) on the functioning of NAMAs and the significance of public participation for accountability of NAMA actions. The speakers included representatives of civil society and United Nations Development Program (UNDP), who are developing and implementing NAMAs on the ground. During the webinar two case studies were presented – from Mexican and Georgian NAMAs – which highlighted the opportunities for and challenges from civil society engagement on the ground.

Briefings
15 Jul 2015

Report on 10th Meeting of the Green Climate Fund (GCF) Board

6-9 July 2015, Songdo, Korea Summary 6-9 July 2015, the 10th meeting of the Green Climate Fund (GCF) Board was held in Songdo, Korea. 36 Board and Alternate Board members gathered along with a number of observers to discuss 32 agenda items. The meeting was the last one before the first concrete funding proposals will…

Briefings
2 Apr 2015

Report on 9th Meeting of the Green Climate Fund (GCF) Board

Between 24-26 March the Board of the Green Climate Fund (GCF) held its 9th meeting in Songdo, South Korea. The Board had a lot on its plate for a three day discussion, but managed to make notable progress on some items, vital for approving the first funding proposals in the Board meeting ahead of Paris climate negotiations.

Briefings
17 Mar 2015

Fact Sheet – Santa Rita, CDM Hydro Dam in Guatemala

ENGLISH The Santa Rita Hydroelectric Plant in the Dolores River in the Alta Verapaz region in Guatemala was registered as a Clean Development Mechanism (CDM) project in June 2014. The communities living in the Alta Verapaz region are completely dependent on the water of the river for their livelihoods. The Guatemalan Agreement on Identity and Rights of Indigenous Peoples…