Rich countries set to benefit from proposed carbon offsetting mechanism in Paris

by Andrew CoileyGlobal marketsPosted on Comments are Disabled

Paris, 10 December. With less than 48 hours of negotiation time left, countries continue arguing about a new proposed carbon offsetting mechanism. Key concerns relate to doubts about the need for carbon offsets in the future, the inclusion of land use carbon offsets that are likely to open a new gigatonne loophole, and allowing developed …

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COP21 video game launch CAPMAN – Taking carbon out of the game

by Andrew CoileyGlobal marketsPosted on Comments are Disabled

Paris, 2 December. Today, Carbon Market Watch and Pixel Impact launch the new COP21 video game CAPMAN. The interactive video game about the superhero CAPMAN, the heroic embodiment of real climate action, is promoting actions that limit CO2 emissions and cap global warming at 1.5C. The game is accessible at www.cap-man.net and will be launched at 7pm CET at the EU Pavilion in the COP21 venue.

Press release: Call for UN carbon credit mechanism to reject Guatemalan project following allegations of murder and intimidation

by Andrew CoileyGlobal markets, Human rights in climate action, Sustainable developmentPosted on Comments are Disabled

Guatemala City -Brussels – In a meeting starting today, the Executive Board of the UN’s Clean Development Mechanism (CDM) will decide on whether to approve the Santa Rita Hydroelectric plant in Guatemala. The Peoples´Council of Tezulutlán and Carbon Market Watch call on the Board to reject this project because essential community consultation rules have been violated, tragically resulting in the alleged murders and intimidation of the affected community.

EU climate package to end access to international offsets

by Andrew CoileyEU carbon market, Global marketsPosted on Comments are Disabled

Carbon Market Watch welcomes the European Commission’s proposal to end the EU’s dependency on international offsets in its 2030 climate package but says the failure to address the current oversupply of 2 billion emission permits in the European emissions trading scheme will weaken the real-world impact of the new targets.    Eva Filzmoser, Director of Carbon …

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