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Carbon Offsets / key documentsMaking Your Voice Heard: A Citizen's Guide to the CDMThis presentation gives a general background to the CDM, goes through the entire CDM process step-by-step, points out opportunities for input from stakeholders and the public, and gives suggestions for writing comments. Download the pdf of the citizen's guide in English and Spanish. Related content:
Rip-Offsets: The Failure of the Kyoto Protocol's Clean Development MechanismThe Clean Development Mechanism (CDM) is supposed to catalyze climate-friendly projects in low-income countries by allowing developers to generate revenue by selling "carbon credits" or "offsets." The offset buyers - industrialized country companies and governments - use the credits to show compliance with Kyoto Protocol-mandated emissions reductions. Because of the CDM's structural flaws and cheating by project developers, billions of dollars worth of credits are being sold by projects that never needed assistance from the CDM to be built. In the short-term the CDM must be radically improved; beyond 2012 its goal of providing finance for clean development in developing countries should be met through fund-based rather than offsets-based approaches. Related content:
Bad Deal for the Planet: Why Carbon Offsets Aren't Working...and How to Create a Fair Global Climate Accord![]() International Rivers' third annual "Dams, Rivers & People" report explains the failure of the world's biggest carbon offsets program to make a dent in greenhouse-gas emissions. It also maps the world of rivers and dams for the past year and pinpoints hotspots for the coming year.
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Failed Mechanism: Hundreds of Hydros Expose Serious Flaws in the CDM
(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. Related content:
How the World Bank's Energy Framework Sells the Climate and Poor People ShortBank Information Center/Bretton Woods Project/Campagna per la Riforma della Banca Mondiale/CEE Bankwatch Network/Friends of the Earth-International/Institute for Policy Studies/International Rivers Network/Oil Change International/Urgewald As the World Bank unveiled its new Investment Framework on Clean Energy and Development at its annual meeting in Singapore in September 2006, a coalition of environment and development organizations charge that the strategy will not be effective at combating climate change and expanding energy access for the poor. Related content:
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