Sham consultations, ruthless exploitation: CDM project experience in India

by Guest ContributorGlobal markets, Human rights in climate action, Sustainable developmentPosted on Comments are Disabled

Guest article by Soumya Dutta, Beyond Copenhagen collective, India India hosts a big share of climate mitigation projects under the UN’s Clean Development Mechanism (CDM). Many of these projects have blatantly violated the rights of affected communities and stakeholder consultations are carried out rarely if ever, writes Soumya Dutta. The Clean Development Mechanism (CDM) was …

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It’s time for rich countries to stop wasting money on fossil fuels

by Gilles DufrasneGlobal markets, Human rights in climate action, Sustainable developmentPosted on Comments are Disabled

For almost a decade, the world’s most powerful economies have been making promises to stop channeling public money for fossil fuels that pollute our air and drive dangerous climate change, with little impact so far. This weekend’s G7 meeting in Canada is an opportunity to move from words to action. Expect intense discussions on a …

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Learning from Barro Blanco: how to improve public participation in climate projects

by Gilles DufrasneGlobal markets, Human rights in climate action, Sustainable developmentPosted on Comments are Disabled

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 …

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The road ahead for UN carbon markets

by Gilles DufrasneClimate finance, Global markets, Sustainable developmentPosted on Comments are Disabled

Scroll down for French and Spanish Another round of UN climate talks closed on May 10th in Bonn, where negotiators discussed the “Paris Agreement rulebook”, a set of rules to regulate how commitments put forward in Paris can be implemented starting in 2020. The rulebook is to be finalised by the UN climate change conference …

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Markets must increase climate ambition – Carbon Market Watch priorities at the COP23 in Bonn

by Kaisa AmaralAviation, Global markets, Human rights in climate action, Sustainable developmentPosted on Comments are Disabled

BRUSSELS 3 November 2017. The next round of UN climate talks takes place in Bonn from 6 to 17 November, under the Fijian Presidency, on how to implement the Paris climate deal. One open question is the role carbon markets will play in meeting global climate targets. Carbon Market Watch will be in Bonn to follow …

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WATCH THIS! NGO Voices on Climate Finance & Carbon Markets #20 – October 2017

by Pierre-Jean BrasierHuman rights in climate action, Shipping, Sustainable developmentPosted on Comments are Disabled

Scroll down for French and Spanish Editorial Dear partners, dear friends, Welcome to the 20th edition of our Watch This! Newsletter. In this edition, we introduce two of Carbon Market Watch’s new working topics: international shipping emissions and carbon pricing. On both issues, the involvement of the network will be key, as a vital counterweight …

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Fostering sustainable development through climate action – what should the future UN mechanism look like?

by Juliane VoigtGlobal markets, Sustainable developmentPosted on Comments are Disabled

In May, climate negotiators will again gather to flesh out the rules to implement the landmark Paris climate agreement. One of the topics on the agenda is the Sustainable Development Mechanism. To be effective, the successor to the Clean Development Mechanism must guarantee real, measurable and long-term benefits both in terms of emission reductions and …

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New study adds urgency to end UN carbon offsetting scheme

by Andrew CoileyGlobal markets, Sustainable developmentPosted on Comments are Disabled

Brussels 19 April 2017. The European Commission has released a new study showing major flaws in carbon offsets from the Clean Development Mechanism (CDM). As countries flesh out the rules to implement the Paris Agreement, Carbon Market Watch calls for an end to the scheme, and a shift away from offsetting as a climate policy …

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Still no closure for UN offsetting scheme review

by Juliane VoigtGlobal markets, Human rights in climate action, Sustainable developmentPosted on Comments are Disabled

Scroll down for French and Spanish 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. …

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In landmark decision, Panama withdraws UN registration for Barro Blanco hydrodam project

by Juliane VoigtGlobal markets, Human rights in climate action, Sustainable developmentPosted on Comments are Disabled

Marrakech, Morocco; Panama City, Panama – 10 November 2016: Last week, Panama withdrew its registration of the controversial Barro Blanco hydro dam project on grounds of stakeholder violation, a precedent under the UN’s Clean Development Mechanism (CDM). While this decision is a step in the right direction for climate action, lessons need to be learned …

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