Carbon Market Watch inputs on SBM023 annotated agenda and related annexes

This submission is in response to a call for input from the Article 6.4 Supervisory Body on the annotated agenda for its 23rd meeting. It focuses on agenda item 3.4 of the Annotated Agenda.    Carbon Market Watch requests the Supervisory Body to follow the recommendations of its technical expert panel (Methodological Expert Panel, MEP) …

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Out of the frying pan, into the cookstove: Too many carbon credits enter UN carbon market

by Isa MulderGlobal marketsPosted on Comments are Disabled

The first two projects, both related to cookstoves, approved for use under the UN’s carbon market massively overestimate their climate impact, despite efforts to rein in overcrediting. In April of last year, Carbon Market Watch published an analysis demonstrating that the first Clean Development Mechanism project (known as Programme of Activities, or PoA, 10415) in …

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Losing ground: UN carbon market will likely fail to protect marginalised communities – report

by Khaled DiabHuman rights in climate action, Land use and forestry, Sustainable development, Global marketsPosted on Comments are Disabled

A tool that aims to promote and safeguard sustainable development under the UN carbon market offers indigenous peoples and local communities little protection against projects which infringe on their land or violate their human rights. This was the disturbing finding of a joint investigation by Carbon Market Watch and the Land Matrix Initiative.