The EU is expected to sign-off on its official international climate pledge – the so called Intended Nationally Determined Contribution (INDC), with an announcement on 6 March at the next meeting of the EU’s Environment Ministers. This announcement will make the EU the first region to flesh out its pledge following the Lima UNFCCC meeting. …
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).
Accounting of emissions will be a cornerstone of a future climate treaty and is hugely important for the integrity of carbon markets as well as keeping us on track to limit global warming below 2°C. Lima will need to lay grounds for a rigorous accounting framework and robust unit quality requirements. It will also need to establish consistency to the ICAO process that is developing a global market based mechanism for aviation emissions.
Today the EU’s Heads of State agreed on the main elements of EU’s 2030 climate and energy package and decided that policies for the land use, land use change and forestry (LULUCF) sector will be established before 2020.
A new chance to address the shortcomings of the CDM to implement robust public participation rules was born last year at the climate change conference in Warsaw where Parties requested the UNFCCC secretariat to collect information on practices for local stakeholder consultation and providetechnical assistance for the development of guidelines upon the request of countries. In June, at a recent Africa Regional Workshop in Windhoek Namibia, Designated National Authorities (DNAs) discussed how improvements to the role of local stakeholder consultations could be made and how to sustainable development impacts of Clean Development Mechanism (CDM) projects can be monitored. Carbon Market Watch participated at this two day capacity building workshop and highlighted that best practice guidance on how to implement existing rules is still needed.
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