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Briefings
30 Nov 2015

Policy Brief: Fossil and biological carbon: a tonne is not a tonne

Whether biological carbon credit should be traded in carbon markets is topical, with discussions ongoing in the UNFCCC, ICAO and the California Cap-and-Trade system. To date, compliance markets have rejected the eligibility of biological carbon offsets. They are right to do so. Fossil and biological carbon operate on different parts of the carbon cycle, and on very different timescales. Fossil carbon is permanent; biological carbon is potentially and frequently subject to rapid fluxes, whether natural or manmade. For these reasons, offset credits from REDD+, afforestation and reforestation or other biological systems should not be treated as fungible with fossil carbon, but should instead be addressed through other, appropriate, policy measures.

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
27 Oct 2015

Policy Brief: Aviation’s Credibility on Environmental Integrity

ICAO is developing a Global Market Based Mechanism to achieve the goal of carbon neutral growth in the industry post-2020. Work is currently in progress to define which credits should be eligible to be used as offsets in this market.

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 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…

Briefings
9 Feb 2015

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

Briefings
25 Nov 2014

Views on the discussions on additional land use, land-use change and forestry activities (LULUCF) and specific alternative approaches to addressing the risk of non-permanence

Carbon Market Watch welcomes the opportunity to provide input on discussions on specific possible additional land use, land-use change and forestry activities and specific alternative approaches to addressing the risk of non-permanence under the Clean Development Mechanism (CDM).

Briefings
30 Oct 2014

Analysis of Europe’s 2030 Climate Ambition

During the night of 23 October 2014, EU leaders brokered a deal on the 2030 climate and energy headline targets. EU’s Heads of States settled on an EU-binding renewable energy target of at least 27%, an indicative energy efficiency target of at least 27% and an at least 40% binding domestic greenhouse gas reduction target…

Briefings
22 Jan 2013

Briefing Note for ICAO: Carbon Offsetting – Do’s and Don’ts

The International Civil Aviation Organisation (ICAO) is currently developing a global market-based measure to address greenhouse gas emissions from international aviation. An agreement is expected in September 2013 at ICAO’s triennial Assembly. A group of experts was established in 2012 to provide technical advice to ICAO’s Council. The group’s technical suggestions now include a mandatory…

Briefings
28 Dec 2012

Summary of the 70th CDM Executive Board Meeting

This report is a short summary of the most relevant outcomes of the 70th CDM Executive Board meeting, held in Doha in November 2012 before COP18. This summary provides information about key decisions taken at the meeting and includes our comments.