Side Event Rio+20 People’s summit: Strengthening the governance of the Clean Development Mechanism so as to ensure sustainable development benefits, 19 June 10-12:00

Strengthening the governance of the Clean Development Mechanism so as to ensure sustainable development benefits

Tuesday 19th June

10h00-12h00

Sala Multimídia, Museu da República (Catete metro station. Enter by Rua do Catete153 or by Praia do Flamengo, next to Hotel Novo Mundo.)

The Clean Development Mechanism has two principal objectives: achieving cost-effective emission reductions and sustainable development (SD) in host countries. Independent reviews overwhelmingly show that the mechanism has not delivered on the latter. Some projects have even caused social and environmental harm. At the People’s Summit, and in the context of the current CDM Policy Dialogue review process, we will discuss recommendations to improve the current situation, including:
· the role of Designated National Authorities in defining and monitoring SD co-benefit indicators and social and environmental safeguards
· the potential role of Designated Operating Entities or other independent auditors in the setting and monitoring of SD goals
· assuring again corruption in project cycles, and implementing grievance procedures and whistleblower protection
· bringing clarity to chains of accountability and procedures for establishing liability in cases of wrongdoing
· raising awareness about the CDM and drawing on civil society as a source of information, expertise and independent oversight at all stages of project design and implementation.
Speakers

Bruno Brandao, Transparencia Mexicana

Lisa Elges, Transparency International

Eva Filzmoser, CDM Watch

Alyssa Johl, Centre for International Environmental Law

Shigueo Watanabe, The Gold Standard

Tel Rio+20: +55(21)8608-3527

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