Category: CDM

A step closer to saving the emissions market at Durban: encouraging outcomes on the AAU surplus and linkage

The outcome of the UN conference in Durban has been more positive than initially indicated by the complexity of the negotiations. It is particularly laudable that a second commitment period of the Kyoto Protocol has been secured. This result translates into a continued existence of the international emissions trading mechanism. […]

Read More

Fate of the CDM continues to hang in the balance in Durban

The fate of the Clean Development Mechanism, the most robust and successful United Nations’ instrument to fight climate change, hangs in the balance at the 17th Conference of the Parties. It risks being used as a negotiating ‘chip’ in the penultimate COP before the Kyoto Protocol’s (KP’s) first commitment period ends. A leading climate change NGO explained that the KP is expected to ‘emerge alive from the conference, but it will be on life support.” […]

Read More

Offsetting in Durban

As the 17th Conference of the Parties (COP) to the UNFCCC kicks off in Durban this week, negotiators hope to build upon progress made during 2011 to govern the Clean Development Mechanism (CDM) and Joint Implementation (JI) more effectively. Coupled with the positive sentiment that has been seeping from recent negotiations en route to Durban via largely pre-negotiated texts, progress is expected but expectations remain low […]

Read More

Internal Battles of the CDM

The carbon markets have had a troubled few weeks. While the price of the world’s most popular and valuable carbon product, the European Union Emissions Trading Scheme allowance, shed some 22% in one week, the Australian...

Read More

CDM: A Transition to What?

Following the spectacular milestone of 3,000 projects registered into the world’s largest carbon offset mechanism, this month marked a time for reflection for those involved in the United Nations’ Clean Development Mechanism....

Read More