Here in Doha, Parties will decide on an appeals procedure that would consider decisions made by the CDM Executive Board. It is crucial that civil society representatives are eligible to launch an appeal. But wait, ECO heard that some Parties would like to grant the right to appeal to one side (investors) only? Dear delegates, this is not a game of two halves but two sides of the same coin. Indeed, we would like to remind you that any appeals procedure must serve the interests of all affected stakeholders.
Granting the right to appeal to investors only prioritises corporate profit over the public interest, especially given the wider impacts that flawed CDM projects can have on global climate change and sustainable development. ECO urges delegates to take this opportunity to adopt a fair and balanced means to provide a public check during the CDM project approval process, and promote transparency, accountability and integrity in the decision-making process.
Take this critical opportunity to introduce much needed quality control in the CDM decision-making process and adopt a robust appeals procedure!