Submission to annotated agenda of the 88th CDM Board meeting 7-11 March 2016, Germany

Carbon Market Watch argues that the Clean Development Mechanism (CDM) must undergo reform to be eligible for results-based finance (RBF) from institutions like the Green Climate Fund (GCF). This reform should include the implementation of environmental and social safeguards, a grievance mechanism, and an exclusion list for projects with low additionality or high emissions. Additionally, the organization recommends enhancing the online platform for voluntary cancellation by making sustainable development benefits more visible and improving the Sustainable Development (SD) tool to include stakeholder input and legal compliance assessments.

• To become a successful tool for results-based finance (RBF) and align with the standards of institutions like the Green Climate Fund (GCF), the CDM should implement an exclusion list for project types with a low likelihood of additional greenhouse gas emission reductions.
• The CDM needs to establish environmental and social safeguards based on best practice, create a CDM grievance mechanism, and provide guidance for national-level grievance mechanisms to prevent environmental and social harms.
• To ensure high sustainable development potential, the CDM should exclude projects with high GHG emissions or high environmental and social costs, such as fossil fuel projects, and improve the SD tool to increase stakeholder access.
• The CDM should strengthen stakeholder involvement by establishing local communication channels and seeking input from civil society and project-affected communities during project development, implementation, and monitoring.
• The online platform for voluntary cancellation should be improved to make sustainable development benefits visible, and the associated SD tool should be updated to include environmental and social safeguards and assess compliance with laws and regulations.

APA

Carbon Market Watch (2016). Submission to annotated agenda of the 88th CDM Board meeting 7-11 March 2016, Germany. https://carbonmarketwatch.org/wp-content/uploads/2016/03/Submission-to-annotated-agenda_88_CarbonMarketWatch.pdf

Chicago

Carbon Market Watch. Submission to annotated agenda of the 88th CDM Board meeting 7-11 March 2016, Germany. 2016. https://carbonmarketwatch.org/wp-content/uploads/2016/03/Submission-to-annotated-agenda_88_CarbonMarketWatch.pdf.

Wikipedia

{{cite press release |author=Carbon Market Watch |title=Submission to annotated agenda of the 88th CDM Board meeting 7-11 March 2016, Germany |date=1 March 2016 |url=https://carbonmarketwatch.org/wp-content/uploads/2016/03/Submission-to-annotated-agenda_88_CarbonMarketWatch.pdf |access-date=23 October 2026 |via=Climate Insights Directory}}

BibTeX

@misc{carbonmarketwatch2016submission, author = {{Carbon Market Watch}}, title = {{Submission to annotated agenda of the 88th CDM Board meeting 7-11 March 2016, Germany}}, publisher = {Carbon Market Watch}, year = {2016}, month = mar, url = {https://carbonmarketwatch.org/wp-content/uploads/2016/03/Submission-to-annotated-agenda_88_CarbonMarketWatch.pdf}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }