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Cleaning up industry: why the EU’s strategy isn’t enough yet
Summary The new EU Industrial Strategy, released by the European Commission on 10 March 2020 as part of a larger industrial package, is the first sector-specific plan to be published since the European Green Deal was announced. It is an opportunity to put the EU economy on track towards climate neutrality, and put climate action…
Carbon Border Adjustments: Climate Protection or Climate Protectionism?
Pricing greenhouse gas emissions is one of the most important tools to decarbonise economies, and it has been implemented in the EU since 2005 through the EU Emissions Trading System (ETS). As part of this policy, the heavy industry benefits from large exemptions and receives nearly all of its allowances (i.e. pollution permits) for free….
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…
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.
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.
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…
The Geneva Pledge for Human Rights in Climate Action
We, the undersigned, note that climate change-related impacts have a range of implications, both direct and indirect, for the effective enjoyment of human rights, and recognize that while these implications affect individuals and communities around the world, the effects of climate change will be felt most acutely by those segments of the population who are already in vulnerable situations owing to factors such as geography, poverty, gender, age, indigenous or minority status and disability.
Local realities of CDM projects A compilation of case studies
Content Sasan coal power project, India Adani’s Mundra coal power project, India The Barro Blanco Hydroelectric Power Plant Project, Panama The Chengdu Luodai MSW Incinerator, China The small scale Kukke Hydro Project, India Small hydroelectric dam Aurora I, Honduras The Palo Viejo Hydroelectric Project, Guatemala
COP 19 Side Event Summary Report
Human Rights: How lessons learnt from the CDM can inform the design of New Market Mechanisms On 15 November 2013, as part of the COP19 in Warsaw, Carbon Market Watch organised a side event jointly with Gujarat Forum on CDM, Centro de Incidencia Ambiental (CIAM), Centro Mexicano de Derecho Ambiental (CEMDA), the Center for International…