What is the state of play of the talks on the Paris Agreement market mechanisms? How do we ensure that markets reduce emissions instead of shifting them around the globe? And that climate action drives sustainable development and benefits local communities? A Carbon Market Watch webinar on Monday 25th of November took a deep dive…
As negotiations on the Paris Agreement rules approach the finish line, it will be important to ensure that future climate mitigation projects respect human rights and the environment. Ever since flood waters started to rise at the Barro Blanco hydro dam site on the Tabasará river in Panama, destroying agricultural lands, cultural sites, and numerous…
Introduction Over the past 20 years, global efforts to mitigate the effects of climate change have increasingly relied upon the implementation of local mitigation projects. While aiming to reduce emissions in the most cost-effective way, some of these projects have built up a record of adverse impacts on local people, resulting in the displacement of…
Watch the recording of the event here Time and venue: May 1st, 16.45 – 18.15, Bonn Climate Change Conference / World Conference Center, Kaminzimmer This side event focused on measures to uphold the rights of local stakeholders affected by climate mitigation projects in the context of the negotiations on the Sustainable Development Mechanism (SDM), with considerations…
1 May 2018
At the COP 22 climate conference in Marrakesh, countries continued debating the review of the UN’s Clean Development Mechanism (CDM), which will serve as a model for the newly established Sustainable Development Mechanism (SDM). Parties generally shied away from controversial topics, such as demands to establish a grievance mechanism. In order for the CDM review…
The Paris Agreement represents a new era for international climate action, including for international carbon markets. Humans have emitted so much into the atmosphere that even if compensated, very little can still be emitted to limit serious consequences of climate change. 2°C of warming would have very negative effects, which is why it is important to swiftly work towards the Paris goal of the 1.5°C limit. If carbon markets are to help work towards this goal, they must work to rapidly increase ambition and guarantee high environmental integrity.
Carbon Market Watch welcomes the opportunity to provide input to the discussions on the procedures, mechanisms and institutional arrangements for appeals against decisions of the Executive Board of the Clean Development Mechanism (CDM) – SBI agenda item 7b.
Venue & Time: Tuesday 15 November 2016, Green Zone Room 2, Time: 15:00-16:30 In a historic step, the Paris agreement recognized the interconnectivity of climate change and human rights, specifying in its preamble that “Parties should, when taking action to address climate change, respect, promote and consider their respective obligations on human rights.” The priority…
15 Nov 2016
Faced with intense national and international pressure, Panamanian authorities suspended the flooding of the Barro Blanco reservoir two weeks after it began. International lenders are being pressured by international NGOs as they have a key role in settling the situation. On May 22nd, Panama’s National Authority for Public Services (ASEP) announced a “test flooding” of…
The Paris Climate Conference agreed on strong provisions for markets, alongside provisions for non-market approaches. Next on the agenda is figuring out how these pieces work and fit together, how to improve and transition from the Kyoto Protocol’s measures -the Clean Development Mechanism (CDM) and Joint Implementation (JI), and how to integrate robust safeguards to…
Carbon pricing 
International transport 
Climate governance 
Fair climate action