Good-Bye Kyoto: Transitioning away from offsetting after 2020

Carbon Market Watch advocates for an orderly phase-out of the Kyoto Protocol's Clean Development Mechanism (CDM) and suggests using a placeholder for market provisions in the Paris Agreement rulebook until robust rules are established to ensure emissions reductions are additional and do not undermine climate ambition.

• The Clean Development Mechanism (CDM) should not continue after 2020 because most of its credits fail to reduce emissions, are double counted under international commitments, and have associated human rights issues and questionable contributions to sustainable development.
• To prevent undermining climate ambition, the rules for carbon markets under Article 6 of the Paris Agreement must ensure that emissions reductions are additional and that markets only operate within sectors covered by national climate pledges.
• The author recommends inserting a placeholder in the Paris Agreement rulebook for market provisions rather than rushing to lock in rules that might repeat previous errors.

APA

Kachi, A. (2017). Good-Bye Kyoto: Transitioning away from offsetting after 2020. Carbon Market Watch. https://carbonmarketwatch.org/2017/10/25/paris-rulebook-carbon-markets-cdm/

Chicago

Kachi, Aki. Good-Bye Kyoto: Transitioning away from offsetting after 2020. Carbon Market Watch, 2017. https://carbonmarketwatch.org/2017/10/25/paris-rulebook-carbon-markets-cdm/.

Wikipedia

{{cite press release |last1=Kachi |first1=Aki |title=Good-Bye Kyoto: Transitioning away from offsetting after 2020 |publisher=Carbon Market Watch |date=25 October 2017 |url=https://carbonmarketwatch.org/2017/10/25/paris-rulebook-carbon-markets-cdm/ |access-date=23 October 2026 |via=Climate Insights Directory}}

BibTeX

@misc{kachi2017goodbye, author = {Kachi, Aki}, title = {{Good-Bye Kyoto: Transitioning away from offsetting after 2020}}, publisher = {Carbon Market Watch}, year = {2017}, month = oct, url = {https://carbonmarketwatch.org/2017/10/25/paris-rulebook-carbon-markets-cdm/}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }