Clean Development Mechanism (CDM)

Failed Mechanism: How the CDM is Subsidizing Hydro Developers and Harming the Kyoto Protocol

Sunday, December 2, 2007
The Kyoto Protocol's Clean Development Mechanism (CDM) is set to provide massive subsidies to hydropower developers while increasing greenhouse gas emissions, according to an investigation by International Rivers. As of November 1, 2007, 654 hydro projects had received or applied to receive carbon credits from the CDM. If approved, these credits would provide hydro developers with a windfall of around a billion dollars each year. Hydro is now the most common technology in the CDM, representing a quarter of all projects in the project pipeline.International Rivers' report, "Failed Mechanism: Ho

Failed Mechanism: Hundreds of Hydros Expose Serious Flaws in the CDM

Sunday, December 2, 2007
(Bali) The Kyoto Protocol's Clean Development Mechanism (CDM) is set to provide massive subsidies to hydropower developers while increasing greenhouse gas emissions, according to an investigation by International Rivers. As of November 1, 2007, 654 hydro projects had received or applied to receive carbon credits from the CDM. If approved, these credits would provide hydro developers with a windfall of around a billion dollars each year. Hydro is now the most common technology in the CDM, representing a quarter of all projects in the project pipeline.International Rivers' report, "Failed Mechan

The EU Linking Directive

Saturday, October 13, 2007
In November 2004, the European Union adopted legislation regulating the admission of CDM credits (CERs) into the EU’s greenhouse gas Emissions Trading Scheme (ETS). The legislation, known as the Linking Directive, states that CERs from large hydro projects can only be used in the ETS if the projects meet the standards of the World Commission on Dams (WCD). The section of the directive dealing with hydro projects states: "In the case of hydro–electric power production project activities with a generating capacity exceeding 20MW, Member States shall, when approving such project

Submitting Public Comments on CDM Projects

Wednesday, October 10, 2007
The CDM project approval process allows the public to submit comments on projects applying to be registered with the CDM's Executive Board. Once a project is registered it is then eligible to be issued with carbon credits. A CDM carbon credit is called a Carbon Emission Reduction (CER). Each CER is supposedly equivalent to an avoided emission of one tonne of carbon dioxide equivalent.Projects are open for public comments for 30 days as part of the project "validation" process. The comments are submitted to consulting companies known in the CDM jargon as Designated Operational Entities (DOEs).

Status Note on Hydro and the CDM. Prepared for COP 9, Milan

Saturday, November 1, 2003
Large Hydro Still a Large Problem for the CDM As the CDM approval process nears the point at which the first projects may soon be registered, large hydro projects continue to be a concern. In addition to the millions of credits already being claimed by CDM large hydro projects, many more have signalled an interest in using the CDM. At the same time, concerns about the non-additionality of large hydro projects has been borne out by the validation opinions for the Dutch CERUPT projects and the baseline methodology review of other large hydros, underlining the need to exclude them altogether. Als

EU Emissions Trading Should Not Be Linked With Destructive Hydro Projects

Wednesday, October 1, 2003
European Parliament Urged to Safeguard Climate PolicyGreenpeace and International Rivers held a briefing today at the European Parliament on the proposed directive1 linking EU emissions trading with credits from the Kyoto Protocol project mechanisms" Joint Implementation (JI) and the Clean Development Mechanism (CDM). They warned that if rules are not set, the EU greenhouse gas emissions trading scheme will be flooded with credits from destructive hydroelectric projects, compromising the effectiveness of the scheme2 and undermining previous EU positions on sustainable development. Greenpeace a

Carbon Credits

International Rivers began monitoring the Kyoto Protocol's Clean Development Mechanism in 2002. Since then, while carbon offsets have become increasingly popular among polluters, civil society and government auditors have raised serious concerns regarding their use.

Safeguarding EU Emissions Trading - Setting Rules for Hydro

Monday, October 20, 2003
Briefing for the European Parliament.Prepared by International Rivers, Greenpeace and CDMWatchThe proposed directive1 linking the EU emissions trading scheme with the flexible mechanisms of the Kyoto Protocol is contrary to the fundamental principle that climate change mitigation policy must be founded on domestic action.The details of the directive create many additional risks. In particular, the following problems are created by the absence of any restrictions for hydroelectric projects developed under the Clean Development Mechanism (CDM) and Joint Implementation (JI):• Investment in pote

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