COP21 SIDE EVENT: Accountability of results based finance- build on the best and learn when things go wrong – 12/4

Day: Friday, 4 December Venue: Official COP venue, Observer room 1 On 4 December 2015, as part of the COP21 in Paris, Carbon Market Watch together with Both ENDS and Transparency International organized a side event on accountability of results based finance. Programme Eva Filzmoser, Director at Carbon Market Watch, Lessons learnt from the Clean Development Mechanism …

WATCH THIS! NGO Newsletter #13: A glimpse at the future of carbon markets

Scroll down for French and Spanish As we are approaching the Paris climate negotiations, several major discussion items remain at the centre stage of the discussion, such as how to design the ambition mechanism, how to accelerate finance, and what role will loss & damage play. However, since the latest Bonn negotiations, several proposals regarding …

WATCH THIS! NGO Newsletter #13: How NAMAs CAN add fuel to INDCs

Scroll down for French and Spanish Future of Nationally Appropriate Mitigation Actions (NAMAs) post 2020 is still unclear. This article shows how they could greatly contribute to support the mitigation and development objectives of developing countries, including by helping to design and implement Intended Nationally Determined Contributions (INDCs). In Paris, countries are to adopt an …

Recommendations related to the role of carbon markets in the Paris Agreement

Only very few countries have outlined in their Intended Nationally Determined Contributions (INDCs) that they will use international trading as a means to help achieve their climate goals. However, despite the limited role of markets expressed by most industrialised countries in their INDCs, such as the EU and the US, the political reality regarding domestic carbon pricing schemes looks different: jurisdictions responsible for 40% of the global economy have already implemented carbon pricing mechanisms.

Perspectives from outside the room: UNFCCC Negotiations in Bonn and the lead up to Paris 2015

The October talks in Bonn had a shaky start after the G77 opposed the Co-Chairs’ minimalist draft text. Other Parties expressed unhappiness at the lack of options and issues they saw as missing. Through Monday, Parties were allowed to bring in, with “surgical precision”, issues they felt essential to include. This process has bolstered Parties’ ownership of the text, but the talk is of coming up with ‘bridging proposals’ rather than reaching actual agreements on sections of the text.

Parties will head to Paris with strong human rights language in the draft agreement

Last week in Bonn, several Parties showed again overwhelming support for the desire to keep human rights language in the Paris agreement. The draft text that will now be the basis for negotiations in Paris, includes strong references to human rights- especially in the operative part of the agreement. This is an important step to make sure that the new climate treaty will also deliver for the most marginalized and vulnerable people.

UN’s carbon offsetting executive to discuss human rights safeguards

Brussels, 12 October. Following numerous incidents of human rights violations related to carbon offsetting projects, the UN’s Board of the Clean Development Mechanism (CDM) will, for the first time, discuss options to address these concerns at its 86th meeting starting today. The Board will also discuss recommendations to overhaul the CDM’s local stakeholder consultation rules, including a requirement that projects must repeat consultations if they have not been carried out in line with national laws. In an open letter, 96 groups from 35 countries have highlighted their support for these changes.