CDM Watch Newsletter #7, March 2010

Dear friends,

The CDM Executive Board will hold its 53rd meeting from 22-26 March 2010. CDM Watch takes again the opportunity to read between the lines of the annotated draft agenda (PDF) in order to bring some transparency to the decisions of the Executive Board.

Discounting China’s Dams

download pdf file Not all greenhouse gas emissions reductions are created equal, especially those spewing from hydroelectric projects spurred by the CDM in China. Law Professor John Copeland Nagle from the University of Notre Dame in Indiana, USA indubitably caught on to this.  He spells out the good and bad consequences of these projects in …

Carbon Trading: How it works and why it fails

By Carbon Trade Watch: Carbon trading lies at the centre of global climate policy and is projected to become one of the world’s largest commodities markets, yet it has a disastrous track record since its adoption as part of the Kyoto Protocol. Carbon Trading: how it works and why it fails outlines the limitations of …

Plantar S.A. CDM project: Global warming continues unabated

With an attempt to avoid the registration of one of the most controversial CDM projects ever, a group of individuals, organizations, movements and networks representing Brazilian society, together with international supporters from the North and South, vehemently oppose the approval of the project presented by Plantar S.A. to the Clean Development Mechanism (CDM) Executive Board, …

Money for Nothing!!!

download pdf file CDM for Sustainable Development?  Money for Nothing!!!  A People’s Perspective by Ajita Tiwari and Nafisa Goga D’Souza, Laya Resource Center This crucial study shares full descriptions and critical on-the-ground insights from seven CDM projects in India that shed light on the most disastrous consequences to local communities and local workers.  The authors …

New biodiesel methodology may threaten peatlands

download pdf file From the IMCG Newsletter: New CDM biodiesel methodology may threaten peatlands John Couwenberg and Hans Joosten investigate yet another poor methodology that has been recently approved by the CDM Executive Board, ACM0017, which targets projects in biodiesel made specifically from agrofuel crops (not be mixed with another methodology that deals with biodiesel made …

CDM Watch Newsletter #6, February 2010

Dear friends,

This first CDM Executive Board meeting in 2010 from 8 – 12 February will start off with a rather unusual challenge. For the first time in history, not all Board members were elected during the annual procedure as part of the Conference of the Parties serving as the meeting of the Parties to the Kyoto Protocol in Copenhagen (CMP.5) in December 2009.

Eye-witness account of non-additional project compared to TÜV SÜD validation report (Newsletter #6)

Currently, around 1380 hydro projects are seeking CDM support. 130 projects are already generating CERs and have so far received 15.335 Million CERs, amounting to more than 184 Mill. €. But a large number of hydro power projects are not additional, as highlighted many times by several civil society organisations. The estimated number from experts …