100 Views

Sussex researcher questions handling of Carbon markets

Researchers from the University of Sussex and the University of East Anglia have called for a reconfiguration of carbon markets.

The carbon market is an approach adopted by the government to control pollution by creating economic incentives for businesses.

The paper, co-written by Peter Newell, Professor of International Relations at Sussex, is called ‘Governing Clean Development: What have we learnt?’

It was released two weeks before the United Nations (UN) summit on climate change, which will take place in South Africa.

Representatives from over 190 countries will meet to discuss the success and effectiveness of the current carbon market initiative, which is due to come to an end before 2013.

The report criticises one of the key initiatives in the carbon markets: a mechanism which purportedly allows richer countries to pay poorer countries to reduce emissions on their behalf, so that poorer countries can invest in development.

However, Newell has remarked that: “The evidence is overwhelming that this has not occurred on anything like the scale anticipated”.

The researchers also asserted that the Clean Developments Mechanism (CDM) requires more effective local and international institutions in order to achieve climate and developmental goals.

It found that the roles of project developers, independent emissions verifiers and government officials overlap in some cases, while some government bodies appointed to oversee the CDM lack transparency.

Newell criticised the market for allowing big corporations to continue with their existing investments, asserting that: “Tackling climate change also means getting tough with businesses that continue to invest their money in fossil fuels in spite of evidence of the effect this is having”.

The CDM has countered these criticisms, claiming that it has delivered “transformative” investment, real emissions reductions and social and environmental benefits as a result of its 3,500 projects in 70 countries.

Newell states however, that: “Reform is vital if the CDM is to credibly position itself as a ‘win-win’ mechanism for climate change mitigation and sustainable development”.

Get the best viral stories straight into your inbox!

Don't worry, we don't spam

Leave a Reply

Join the Badger Team

Apply today!

Latest Posts

Union obliterates the debate – unwritten requirement used to shut down free speech debate
Campus News
291 views1
Campus News
291 views1

Union obliterates the debate – unwritten requirement used to shut down free speech debate

Jordan Wright - April 27, 2018

Student society Liberate the Debate’s most recent event was cancelled over a lack of compliance with the Students' Union's (USSU) requirement for a neutral chair - a…

Review: Nick Cave Double Bill at The Old Market (TOM’s Film Club)
Arts
25 views
Arts
25 views

Review: Nick Cave Double Bill at The Old Market (TOM’s Film Club)

Sophie Coppenhall - May 23, 2018

What a phenomenal contrast these two films present when watched side-by-side. In essence, together they are capable of tracing inner and outer metamorphoses of their subjects. The…

Dollywould at The Old Market preview
Arts
30 views
Arts
30 views

Dollywould at The Old Market preview

Alex Hutson - May 22, 2018

From the 22nd May - 25th May 2018 DollyWould will be showing at The Old Market. An exciting new show, presented by Sh!t Theatre, who won the…

Exhibition: Io-sono Fedilouu
Artist Focus
83 views
Artist Focus
83 views

Exhibition: Io-sono Fedilouu

Ricardo Reverón Blanco - May 16, 2018

Last week artist Fedilou made her debut exhibition in the downstairs space of Morelli Zorelli, a quaint vegan Italian restaurant in Hove, featuring a collection of intimate…

Interview with Philosophy faculty and COGS director Ron Chrisley
Interview
57 views
Interview
57 views

Interview with Philosophy faculty and COGS director Ron Chrisley

Nikolaos Manesis - May 15, 2018

Ron Chrisley is a Reader in Philosophy, on the faculty of the Sackler Centre for Consciousness Science, and is the director of COGS (Centre for Cognitive Science).…

Adam review
Arts
112 views
Arts
112 views

Adam review

Ketan Jha - May 13, 2018

If you have been a stranger to the stage this spring and decide to see one contemporary show, let it be Adam. This reviewer went in entirely…

Brighton Fringe Preview: Nick Cave Double Bill at The Old Market (TOM’s Film Club)
Arts
110 views
Arts
110 views

Brighton Fringe Preview: Nick Cave Double Bill at The Old Market (TOM’s Film Club)

Sophie Coppenhall - May 13, 2018

In celebration of iconic Brighton local, legendary alt-rock musician (and episodic actor) Nick Cave, TOM’s Film Club are hosting a double-bill screening of his films at The…

Whimsical fairy-tale meets class war – Standard: Elite review
Arts
131 views
Arts
131 views

Whimsical fairy-tale meets class war – Standard: Elite review

Georgia Grace - May 11, 2018

Meta-theatricality and interactivity are becoming all the more vogue in contemporary theatre, and in a world where the arts are becoming increasingly open and democratised, I find…

A Year of Art Society: The Best Picks
Artist Focus
107 views
Artist Focus
107 views

A Year of Art Society: The Best Picks

Alex Leissle - May 9, 2018

  [gallery type="slideshow" ids="35385,35386,35387,35388,35389,35390,35391,35392,35393,35394,35395,35396,35397,35398,35399,35400,35401,35402,35403,35404,35405,35406,35407,35408,35409,35410,35411"]

More Brit(ish) than ever: A review of Afua Hirsch at Brighton Festival
Books
88 views
Books
88 views

More Brit(ish) than ever: A review of Afua Hirsch at Brighton Festival

William Singh - May 9, 2018

Afua Hirsch’s 2018 book - part memoir, part polemic - provokes mixed feelings. So too did her discussion of the topic at this year’s Brighton Festival. Don’t…

Ethnic-bioweapons: between conspiracy and reality
Science
122 views
Science
122 views

Ethnic-bioweapons: between conspiracy and reality

Luke Richards - May 8, 2018

Bioweapons exist, while ethnic-bioweapons are whispered conspiracies. Pandemics can fairly hazardous to human life, the 1918 Flu Pandemic killed 20-50 million people. A man made pandemic could…

Breaking: Spring referenda results announced
News
176 views
News
176 views

Breaking: Spring referenda results announced

Jessica Hubbard - May 4, 2018

Students have voted to support the BDS (Boycott, Divestment and Sanctions) movement, reject Prevent and adopt new Gender Equality policies. Results for the Students' Union referenda were…

Why I’m Jewish AND I support BDS
Comment
168 views
Comment
168 views

Why I’m Jewish AND I support BDS

Sarah McIntosh - May 2, 2018

The idea of a land where my religious identity is welcomed and where I feel safe to be myself and live in peace is a beautiful idea…

Student research happening at Sussex
Features
145 views
Features
145 views

Student research happening at Sussex

Nikolaos Manesis - May 1, 2018

(Image source: Flickr, Pixabay, Wikipedia) Another academic year is coming to a close and with it, the last edition of The Badger. To celebrate our last science…

Sussex Festival cancelled
Campus News
210 views
Campus News
210 views

Sussex Festival cancelled

Jordan Wright - April 30, 2018

The Students’ Union have cancelled their highly anticipated end-of-term event Sussex Festival: Desert Island Disco, which was due to begin on Saturday May 12th. The Students’ Union…

Students’ Union President Gustafsson and Liberate the Debate respond to the cancelled event
Comment
229 views
Comment
229 views

Students’ Union President Gustafsson and Liberate the Debate respond to the cancelled event

Jordan Wright - April 27, 2018

These comment pieces represent the opinions of both the Students' Union and Liberate the Debate with regards to the  recent cancellation of the Society's freedom of speech…

Artist Focus: Rory Hinshelwood
Artist Focus
146 views
Artist Focus
146 views

Artist Focus: Rory Hinshelwood

Louisa Hunt - April 25, 2018

Rory Hinshelwood studies Zoology with Spanish at Sussex. His brand is called Poplar St., at the moment the brand sell embroidered high-quality t-shirts. Rory works mostly in graphics…

Artist Focus: Maayan Cohen
Artist Focus
105 views
Artist Focus
105 views

Artist Focus: Maayan Cohen

Emma Phillips - April 24, 2018

The Badger spoke with Sussex University’s Maayan Cohen about her creative workshop, ‘Bits and Pieces.’ Can you tell us a bit about Bits and Pieces- what’s the…

Voodoo enthralls at The Old Market – review
Arts
133 views
Arts
133 views

Voodoo enthralls at The Old Market – review

Ricardo Reverón Blanco - April 24, 2018

As part of South East Dance’s micro-festival, Undisciplined, Voodoo comes to being as a collaboration between South East Dance and Project O. Project O brings artists Alexandrina…

Arts
136 views

Trial & error: Sex, sass and foolishness through dance

Ricardo Reverón Blanco - April 24, 2018

For the concluding show of South East Dance’s micro-festival, Double Bill brings two short performances to The Old Market’s stage: Comebacks I thought of later by Eleanor…