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 …
This report contains the results from a python analysis of the Programme of Activities (PoA) 10471, a cookstove projectm transitioning to the Paris Agreement Crediting Mechanism (PACM) under Article 6.4 of the Paris Agreement.
This is Carbon Market Watch’s submission to the Article 6.4 mechanism of the Paris Agreement’s draft methodology on energy efficiency measures in household cooking.
This submission is in response to a call for input from the Article 6.4 Supervisory Body for the for its ‘Draft Methodological tool: Fraction of non-renewable biomass’.
CMW responded to the call for input ahead of the 21st meeting of the Article 6.4 Supervisory Body, specifically on the document “Draft tool: Article 6.4 sustainable development tool”.
The Paris Agreement Article 6.4 carbon market is meant to protect the rights of indigenous peoples and local communities. However, the Sustainable Development (SD) Tool meant to offer this defence is not fit for purpose, according to the findings of this joint investigation carried out by the Land Matrix Initiative and Carbon Market Watch.
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.
CMW responded to the call for input on the documents from the 12th meeting of the Methodological Expert Panel of the Article 6.4 mechanism, specifically on the document “Draft mechanism methodology: Electricity generation from renewable sources connected to electricity system”.
Instead of listening to its own technical experts and scientific evidence, the body overseeing the UN carbon crediting mechanism has chosen to side with market players after intense lobbying efforts.
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