Carbon Market Watch recommendations for CDM reforms at COP19

Carbon Market Watch argues that the Clean Development Mechanism (CDM) is in a precarious state due to a severe supply-demand imbalance, with Certified Emissions Reductions (CERs) prices dropping over 90% in 18 months to approximately Euro 0.4. The organization asserts that at these price levels, implementing new additional projects is impossible. To ensure a viable future for the CDM, Carbon Market Watch recommends fundamental reforms focusing on additionality requirements, shorter crediting periods, the protection of human rights, sustainable development contributions, increased civil society participation, the establishment of a grievance mechanism, and improvements to the CDM Executive Board's conduct.

• The Clean Development Mechanism (CDM) is currently unstable because demand for Certified Emissions Reductions (CERs) is very low and expected to stay low until 2020 unless mitigation pledges are increased. This oversupply caused prices to fall by more than 90% in the preceding 18 months, reaching approximately Euro 0.4, which makes the implementation of new additional projects impossible.
• Carbon Market Watch proposes a set of fundamental reforms to address the supply-demand imbalance and improve the social and environmental integrity of the CDM. These recommendations include reforming additionality requirements, shortening crediting periods, ensuring human rights are upheld in all projects, enhancing contributions to sustainable development, strengthening civil society participation, creating a grievance mechanism, and improving the conduct of the CDM Executive Board.

APA

Carbon Market Watch (2013). Carbon Market Watch recommendations for CDM reforms at COP19. https://carbonmarketwatch.org/publications/carbon-market-watch-recommendations-cdm-reforms-cop19/

Chicago

Carbon Market Watch. Carbon Market Watch recommendations for CDM reforms at COP19. 2013. https://carbonmarketwatch.org/publications/carbon-market-watch-recommendations-cdm-reforms-cop19/.

Wikipedia

{{cite press release |author=Carbon Market Watch |title=Carbon Market Watch recommendations for CDM reforms at COP19 |date=12 November 2013 |url=https://carbonmarketwatch.org/publications/carbon-market-watch-recommendations-cdm-reforms-cop19/ |access-date=23 October 2026 |via=Climate Insights Directory}}

BibTeX

@misc{carbonmarketwatch2013carbon, author = {{Carbon Market Watch}}, title = {{Carbon Market Watch recommendations for CDM reforms at COP19}}, publisher = {Carbon Market Watch}, year = {2013}, month = nov, url = {https://carbonmarketwatch.org/publications/carbon-market-watch-recommendations-cdm-reforms-cop19/}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }