Carbon Market Watch recommendations for the review of the modalities and procedures for the Clean Development Mechanism

Carbon Market Watch argues for the phase-out of the Clean Development Mechanism (CDM) by the end of the second Kyoto commitment period, recommending that project registration cease as of COP 24 in 2018. The organization advocates for the establishment of a CDM grievance and safeguard mechanism to protect human rights and the environment, alongside strengthened civil society participation in stakeholder consultations. It further calls for a CMP/CMA process to guide the transition to the Paris Agreement's Sustainable Development Mechanism (SDM) and the implementation of measures to prevent double counting of credits used in ICAO's CORSIA scheme.

• The Clean Development Mechanism (CDM) should be phased out by the end of the second Kyoto commitment period, with credit issuance and usage stopping by the end of the true-up period in 2023. This is because the CDM cannot avoid double counting with NDCs, Cancun Pledges, and other climate targets.
• New CDM project registration should have ceased as of COP 24 in Poland in 2018 due to an oversupply of registered credits and the lack of new commitment periods after 2020.
• The UNFCCC should establish an institutional safeguard system and a robust grievance mechanism for existing CDM projects to ensure climate actions do not conflict with human rights, serving as a model for the future Sustainable Development Mechanism (SDM).
• Local stakeholder consultation (LSC) processes in the CDM lack clear criteria and guidance, often leaving the determination of necessary consultations to host countries with potentially poor national rules.
• Provisions are required to prevent CDM units from being double claimed if they are used within the International Civil Aviation Organization's (ICAO) Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA) and a host country's nationally determined contributions (NDCs).

APA

Carbon Market Watch (2017). Carbon Market Watch recommendations for the review of the modalities and procedures for the Clean Development Mechanism. https://carbonmarketwatch.org/wp-content/uploads/2017/11/CMW_Reccs_CDM-review_SBI46-2017.pdf

Chicago

Carbon Market Watch. Carbon Market Watch recommendations for the review of the modalities and procedures for the Clean Development Mechanism. 2017. https://carbonmarketwatch.org/wp-content/uploads/2017/11/CMW_Reccs_CDM-review_SBI46-2017.pdf.

Wikipedia

{{cite press release |author=Carbon Market Watch |title=Carbon Market Watch recommendations for the review of the modalities and procedures for the Clean Development Mechanism |date=2017 |url=https://carbonmarketwatch.org/wp-content/uploads/2017/11/CMW_Reccs_CDM-review_SBI46-2017.pdf |access-date=23 October 2026 |via=Climate Insights Directory}}

BibTeX

@misc{carbonmarketwatch2017carbon, author = {{Carbon Market Watch}}, title = {{Carbon Market Watch recommendations for the review of the modalities and procedures for the Clean Development Mechanism}}, publisher = {Carbon Market Watch}, year = {2017}, url = {https://carbonmarketwatch.org/wp-content/uploads/2017/11/CMW_Reccs_CDM-review_SBI46-2017.pdf}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }