INSIGHT by UN Climate Change


The UN Body responsible for establishing a new global carbon market took a historic step reinforcing the protection of environmental and social human rights.

“This is a defining moment,” said Maria AlJishi, Chair of the Supervisory Body. “With the introduction of the Appeals and Grievances Procedure, we’re establishing new avenues to empower vulnerable communities and individuals, ensuring their voices are heard and their rights are upheld.”

The new safeguards allow people affected by activities under the mechanism to appeal decisions or file a grievance. This is a crucial step towards developing a new international carbon market that sets the benchmark for high integrity carbon credits.

“I feel a sense of relief that after years of debate on appeals, we have finally delivered a robust system; one that holds us accountable for our decisions and ensures the activities we approve are responsible for their impacts,” added Vice Chair Martin Hession. “In a world where the rule of law and human rights are under threat, I’m not a little proud that we have played our small part in upholding these fundamental principles.”

The Appeals and Grievances Procedure has immediately come into effect, marking a significant milestone in the operationalization of the Paris Agreement Crediting Mechanism.

 


All opinions expressed are those of the author and/or quoted sources. investESG.eu is an independent and neutral platform dedicated to generating debate around ESG investing topics.