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Carbon Market Watch recommendations for Article 6 of the Paris Agreement
Carbon Market Watch outlines recommendations for the three frameworks under Article 6 of the Paris Agreement: cooperative approaches, the Sustainable Development Mechanism (SDM), and non-market mechanisms. The organization emphasizes the need for robust accounting to prevent double counting, the integration of human rights safeguards, and the use of the SDM for results-based finance and transformational change.
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Document type: Statement
Too big to fail?
The policy brief critiques CORSIA for focusing on offsetting growth above 2020 levels rather than reducing overall sector emissions. It highlights the risk of double counting since offsets are sourced from countries with Nationally Determined Contributions (NDCs) under the Paris Agreement. The author recommends that ICAO implement a 'negative list' for harmful project types and a public registry, while urging the UNFCCC to integrate aviation's efforts into the Global Stocktake and Facilitative Dialogue to ratchet ambition toward the 1.5°C goal.
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Document type: Policy brief
Fostering sustainable development through climate action: what should the future UN mechanism look like?
Carbon Market Watch calls for the Sustainable Development Mechanism (SDM) to depart from the 'pure offsetting' approach of the Clean Development Mechanism (CDM), citing a European Commission study that found 85% of CDM projects unlikely to deliver real emission reductions. The author argues the SDM should instead function as a tool for results-based finance and actively contribute to the United Nations sustainable development goals (SDGs) through transformational change and robust stakeholder participation.
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Document type: Statement
New study adds urgency to end UN carbon offsetting scheme
Carbon Market Watch urges the end of the UN's Clean Development Mechanism (CDM) following a European Commission study by the Öko-Institut. The study indicates that 85% of analyzed projects and 73% of the potential credit supply from 2013 to 2020 are unlikely to provide real, measurable, and additional emission reductions. Such credits could potentially increase global greenhouse gas emissions by over 3.5 billion tonnes of CO2. The organization specifically warns against the aviation industry using these ineffective credits through the Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA) to avoid greenwashing.
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Document type: Statement
UN climate fund should learn from past mistakes and reject large hydro dam projects
Carbon Market Watch criticizes the Green Climate Fund's approval of three large hydro dam projects in Nepal, Tajikistan, and the Solomon Islands, arguing that such investments contradict the fund's goal of promoting a paradigm shift and risk repeating the human rights and environmental failures seen in the Barro Blanco project in Panama.
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Document type: Statement
Good-Bye Kyoto: TRANSITIONING AWAY FROM OFFSETTING AFTER 2020
The policy brief examines the transition from the Kyoto Protocol's Clean Development Mechanism (CDM) to the Paris Agreement's Sustainable Development Mechanism (SDM). It argues that the CDM's offsetting model is obsolete in a world where all countries have climate commitments and recommends abolishing carbon offsetting in favor of results-based climate finance. The author highlights significant failures of the CDM, including the fact that approximately 73% of potential credits between 2013 and 2020 likely did not represent real emission reductions. Key recommendations include stopping CDM project registration by COP 24 in 2018 and ending the use of CDM credits by 2023.
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Document type: Policy brief
Benefits of low emission development strategies
The Lake Turkana Wind Power Project (LTWP) is a 310 MW wind farm in Kenya's Marsabit West County designed to increase national electricity supply by 15–20% and reduce greenhouse gas emissions by 740,000 tCO2eq annually. Costing €623 million, it represents Kenya's largest single private investment and aims to stabilize energy prices by providing power at approximately one-third the cost of fossil fuel generation. The project has created over 2,000 local jobs and includes corporate social responsibility programs through the Winds of Change foundation to improve local education, health, and water access. Despite these benefits, the project has faced challenges including funding withdrawals by the World Bank and local tensions regarding land rights and equitable job distribution.
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Document type: Case study
Carbon Market Watch recommendations for Article 6 of the Paris Agreement
Carbon Market Watch outlines specific requirements for the implementation of Article 6 of the Paris Agreement, focusing on cooperative approaches, the Sustainable Development Mechanism (SDM), and non-market mechanisms. The organization argues that to avoid a "race to the bottom," robust multilateral rules are needed to prevent double counting and perverse incentives. Key recommendations include limiting eligible activities to those within the scope of Nationally Determined Contributions (NDCs), requiring host countries to certify that actions do not violate human rights, and designing the SDM as a tool for results-based finance rather than "zero sum offsetting."
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Document type: Statement
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.
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Document type: Statement
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 by COP24 in 2018. The organization advocates for the establishment of a CDM grievance mechanism and institutional safeguards to protect human rights and the environment, noting that the CDM currently lacks the accountability mechanisms found in other international financial institutions. Additionally, it calls for strengthened civil society participation in stakeholder consultations and the implementation of measures to prevent double counting of credits used under ICAO's CORSIA scheme and nationally determined contributions.
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Document type: Statement
Using the Clean Development Mechanism for nationally determined contributions and international aviation
The report finds that recognizing all types of CERs for use after 2020 is unlikely to trigger significant additional emission reductions because most available supply comes from projects that would continue abatement without CER revenues. It identifies critical risks to environmental integrity, including double claiming with 2020 targets and the potential for higher cumulative emissions when using CERs for single-year targets. To safeguard environmental integrity, the authors recommend limiting eligibility to newly developed additional projects or already implemented projects at high risk of discontinuing abatement, while ensuring robust accounting through corresponding adjustments.
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Document type: Report
EU fuel quality rules too weak to change oil industry practices; now governments need to act
Carbon Market Watch and Transport & Environment critique the EU's guidelines on Upstream Emission Reductions (UERs), stating they are too weak to force the oil industry to change practices due to loopholes regarding carbon offsets and double counting. While the Fuel Quality Directive requires a 6% carbon footprint reduction by 2020 compared to 2010, the authors argue that national governments must now make the guidelines legally binding and limit eligible savings to Clean Development Mechanism projects in Least Developed Countries to ensure transparency and additionality.
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Document type: Statement
Carbon Markets in the Post-Paris World
The document analyzes the vague language of Article 6 of the Paris Agreement, which attempts to balance diverse party interests through the creation of the Sustainable Development Mechanism (SDM) and frameworks for both market and non-market approaches. It argues that for carbon markets to support the 1.5°C warming limit, they must prioritize high environmental integrity and increased ambition.
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Document type: Policy brief
Carbon Market Watch at COP22 in Marrakech
Carbon Market Watch provides a set of recommendations for the rules of Article 6 of the Paris Agreement to be discussed at COP22. The organization argues that carbon markets must increase global ambition by delivering actual emission reductions beyond NDC levels, ensure environmental integrity through a robust accounting framework to prevent double counting, and protect human rights and sustainable development through monitoring, stakeholder consultation, and grievance processes.
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Document type: Statement
Recommendations for appeals against decisions of the Executive Board of the Clean Development Mechanism
The document argues that a robust appeals procedure for the Clean Development Mechanism (CDM) is essential for protecting human rights, ensuring climate integrity, and promoting accountability. Carbon Market Watch recommends that the procedure allow both positive and negative appeals, be open to a broad definition of affected stakeholders beyond project proponents, and cover both procedural and substantive violations. It further suggests that the appeals body must be independent and accountable, and that a separate grievance mechanism is necessary to address adverse social and environmental impacts occurring during project implementation.
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Document type: Statement
Recommendations for the review of the modalities and procedures for the Clean Development Mechanism
Carbon Market Watch argues that the CDM requires fundamental reform to address failures in human rights accountability, additionality testing, and sustainable development monitoring. Key recommendations include establishing a formal grievance mechanism, restricting technology eligibility to exclude fossil fuels, and introducing liability rules for Designated Operational Entities to prevent conflicts of interest.
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Document type: Statement
Recommendations for SBSTA Item 11(a) on Land use, land-use change and forestry under Article 3, paragraphs 3 and 4, of the Kyoto Protocol and under the clean development mechanism
Carbon Market Watch argues that LULUCF activities are currently unfit for market mechanisms due to data uncertainty, incomplete accounting, and risks of non-permanence. The organization recommends moving toward a land-based, net-net accounting approach using historical baselines rather than projected emissions. It further proposes that LULUCF sectors be managed through non-market measures under Article 6.8 of the Paris Agreement to better integrate adaptation and sustainable development goals, while calling for the exclusion of non-permanent activities from the CDM.
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Document type: Statement
Carbon markets under the Paris Agreement: how to guarantee effective climate action
The document outlines the requirements for the new carbon market mechanism established by Article 6 of the Paris Agreement. It emphasizes that these markets must drive actual emission reductions beyond domestic action, avoid double-counting through robust accounting, and exclude fossil fuel investments. Furthermore, it calls for strong human rights safeguards and alignment with the UN's Sustainable Development Goals to avoid the failures associated with the Kyoto Protocol's flexible mechanisms.
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Document type: Statement
JOINT SUBMISSION ON THE RULES, MODALITIES AND PROCEDURES FOR THE SUSTAINABLE DEVELOPMENT MECHANISM
A joint submission by 20 organizations arguing that the Sustainable Development Mechanism (SDM) must avoid the systemic failures of the Clean Development Mechanism (CDM) by implementing strict human rights safeguards, ensuring a net decrease in global emissions, and establishing robust grievance and participation processes.
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Document type: Statement
Atelier pour la Société civile sur l’impact des politiques climatiques “post Accord de Paris” sur le Développement durable 11 & 12 Octobre 2016, Dakar
The document details a two-day workshop held in October 2016 in Dakar, Senegal, involving over 25 participants from seven West African countries. It examines the implications of the Paris Agreement, specifically Article 6 and carbon markets, while highlighting the failures of the Clean Development Mechanism (CDM) and the challenges of accessing the Green Climate Fund. The workshop concluded with the 'Dakar Declaration,' which provides six specific recommendations for West African negotiators at COP22 to ensure the new sustainable development mechanism prioritises human rights, the least developed countries, and a shift from market-based offsets to climate finance.
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Document type: Report