Last week, the United Nations Office for Project Services (UNOPS) closed a tender to buy 350.000 carbon credits from the Clean Development Mechanism (CDM). According to the Invitation to Bid (ITB), offset credits must meet high quality requirements to be eligible. Quality criteria exclude coal, HFC-23 and large hydro projects that do not comply with additional quality assessments and favour projects that demonstrate improvements to the health, safety and welfare of people and especially women living near the projects.
As part of the climate week in New York, the UN launched the “Go Climate Neutral Now” initiative- a new online platform to purchase carbon offsets generated by its Clean Development Mechanism (CDM). The initiative attempts to boost demand for CDM credits on the voluntary carbon market and for the aviation sector but fails to dodge the sale of bogus carbon offsets.
Brussels, 22 September 2015. Today, at the climate week in New York, the UN launched the “Climate Credit Store”- a new online platform to purchase carbon offsets generated by its Clean Development Mechanism (CDM). The initiative attempts to boost demand for CDM credits on the voluntary carbon market and for the aviation sector but fails to dodge the sale of bogus carbon offsets.
Scroll down for French and Spanish On the first of September tensions in Panama heightened when heavy machinery moved very close to the Ngöbe-Bugle Comarca to complete the highly contested Barro Blanco hydro dam, which is registered under the UN’s Clean Development Mechanism. This was preceded by the forceful eviction of indigenous people camping next …
Read more “WATCH THIS! NGO Newsletter #12: Ever more uncertainty over Barro Blanco”
Scroll down for French and Spanish The review of the Modalities and Procedures of the Clean Development Mechanism (CDM) went into the next round at the intersessions in Bonn in June 2015. With Paris just around the corner and market mechanisms further expected to play a role in the implementation of the commitments post 2020, …
Read more “WATCH THIS! NGO Newsletter #12: Next round in the review of the Modalities and Procedures of the CDM – much potential but little development”
On the first of September tensions in Panama heightened when heavy machinery moved very close to the Ngöbe-Bugle Comarca to complete the highly contested Barro Blanco hydro dam, which is registered under the UN’s Clean Development Mechanism. This was preceded by the forceful eviction of indigenous people camping next to the construction area by the national police. In response to a letter sent by Panamanian civil society groups, the CDM Board has now reminded Panama about its right to withdraw approval for the project, “if it deems appropriate”.
Carbon Market Watch welcomes the opportunity to provide input to the CDM Board on issues included in the annotated agenda of the 85th meeting, particularly on the following agenda items: Agenda item 2.2. Strategic planning and direction Action 4: online platform for voluntary cancellation Agenda item 2.3. Performance management Action 8: messages to CMP through …
Read more “Submission to annotated agenda of the 85th CDM Board meeting”
Carbon Market Watch welcomes the opportunity to provide input to the CDM Board on issues included in the annotated agenda of the 84th meeting, particularly on the following agenda item: Agenda item 4.2. Procedures Action 26: Guidance to concept note on improvement of stakeholder consultation processes Agenda item 5. Relations with forums and other stakeholders …
Read more “Submission to annotated agenda of the 84th CDM Board meeting”
Dear Mr Schneider, Dear Mr Buendia,
We, the April 10 Movement for the Defense of the Tabasara River (M-10), Alianza para la Conservacion y el Desarrollo (ACD) and Asociacion Ambientalista de Chiriqui (ASAMCHI), are writing to inform you about the decision of the Panamanian government to temporarily suspend the project Barro Blanco Hydroelectric Power Plant, in the Tabasara River, Panama (project number 3237). The decision was taken because of breaches of the national environmental impact assessment requirements, including shortcomings in the agreement with the locally affected indigenous communities.
In light of the recent decision that the CDM local stakeholder consultations are to be conducted “in accordance with applicable national regulations, if any.”1, we hereby ask the CDM Board to take action, including to coordinate with ongoing investigations, react to the suspension decision of the Panamanian government, and suspend the project upon finding non-compliance with the current CDM rules and procedures.
