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Letters
3 Nov 2017

Carbon Market Watch recommendations for COP23

Dear Respected Colleague, Carbon Market Watch is pleased to share our SBSTA, SBI, and APA recommendations as well as an overview of our upcoming events and recent publications (below). Phase out Clean Development Mechanism (CDM) To reach the objectives of the Paris Agreement, it is essential to learn from past experience avoid the mistakes made with…

Annual reports
29 Jun 2017

Annual Report 2016

FOREWORD 2016 was a year that shook the world and the European Union in particular. The new hope for multilateral climate cooperation under the 2015 Paris agreement received a blow with the election of a climate denier to the White House. The European Union, as an ongoing project for peace and prosperity, was shaken by a Brexit referendum…

Briefings
4 May 2017

Building blocks for a robust Sustainable Development Mechanism

The Paris Agreement marks a new era for international climate action in general, and specifically for international carbon markets. Though the agreement does not mention markets per se, Article 6 paragraph 4 establishes what has become to be known as the Sustainable Development Mechanism (SDM) which builds on and shares some features of the Kyoto flexible mechanisms namely the Clean Development Mechanism (CDM) and Joint Implementation (JI).

Letters
15 Mar 2017

Open letter to Green Climate Fund Board on keeping the fund fossil fuel free

March 2017 Dear Members and Alternate Members of the Board: We write to urge you to develop and adopt an investment policy for the treasury of the United Nations Green Climate Fund that maintains its current fossil fuel-free status and is consistent with international best practice for environmental, social, and governance (ESG) standards. To that…

Policy Submissions
21 Oct 2016

Joint civil society submission to SBSTA on the Sustainable Development Mechanism

The Center for International Environmental Law, Business & Human Rights Resource Centre, Carbon Market Watch, CIDSE, European Association of Geographers, Forests of the World, Foundation for GAIA, Hawai’i Institute for Human Rights, Human Rights Watch, Indigenous Environmental Network, Indigenous Livelihoods Enhancement Partners, International Movement ATD Fourth World, Jeunes Volontaires pour l’Environnement, Norges Naturvernforbund (Friends of the Earth Norway), OCEANIA Human…

Briefings
14 Oct 2016

The CORSIA: ICAO’s market based measure and implications for Europe

Executive Summary On October 6th, Member States of the International Civil Aviation Organisation (ICAO) agreed on an offsetting scheme to compensate for emissions growth from 2020 levels. The new scheme, called the Carbon Offset and Reduction Scheme for International Aviation (CORSIA), falls short of achieving the goal of carbon neutral growth in 2020 (CNG2020), let…

Policy Submissions
6 Oct 2016

Carbon Market Watch submission to SBSTA on the Sustainable Development Mechanism

Following the precedent of the Kyoto Flexible Mechanisms – the Clean Development Mechanism (CDM) and Joint Implementation (JI) – the Paris Agreement established a new ‘mechanism to contribute to the mitigation of greenhouse gas emissions and support sustainable development’. The new mechanism bears some similarity to the CDM and JI, but will function in a…

Letters
13 Sep 2016

Open letter calling Panama’s Environment Minister for the withdrawal of Barro Blanco’s registration under the Clean Development Mechanism

. . Dear Minister Endara, We, the undersigned, urge you to withdraw Panama’s letter of approval for the Barro Blanco hydroelectric project to be registered under the Clean Development Mechanism (CDM), in light of the severe environmental and human harms it is causing. As adopted by the CDM Executive Board at its 76th meeting, the…

Policy Submissions
12 Jul 2016

Submission to annotated agenda for the 90th CDM Executive Board meeting: 18-22 July 2016, Germany

Carbon Market Watch welcomes the opportunity to provide input to the CDM Executive Board on issues included in the annotated agenda of the 90th meeting, particularly on the following agenda items: Agenda item 2.3. Performance management Action 11: key messages for the annual report Action 15: guidance to improving the user-friendliness of the sustainable development…

Letters
7 Jul 2016

Letter to FMO & DEG on their response to the situation concerning Barro Blanco in Panama

Dear Mr. Kleiterp and Mr. Wenn, We want again draw your attention to the fact that the situation in Panama surrounding the Barro Blanco dam remains grave and urgent. Due to the so-called test flooding, the affected local communities now have water encroaching on their land and are already suffering the damaging consequences as described…