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  • Oscar Reyes is an Associate Fellow of the Institute for Policy Studies, and a consultant and activist focussing on c... moreedit
... Or so say the backers of London's 2012 Olympic Bid, who have worked hard to promote the Games as a vehicle of genuine regeneration. London Mayor Ken Livingstone promises a 'lasting and... more
... Or so say the backers of London's 2012 Olympic Bid, who have worked hard to promote the Games as a vehicle of genuine regeneration. London Mayor Ken Livingstone promises a 'lasting and sustainable legacy,' whilst the London Development Agency Deputy Chair John ...
Climate policymakers are now exploring ways to encourage private sector finance for climate action in developing countries, i.e. investment in projects to reduce greenhouse gas emissions and build capacity to adapt to climate change... more
Climate policymakers are now exploring ways to encourage private sector finance for climate action in developing countries, i.e. investment in projects to reduce greenhouse gas emissions and build capacity to adapt to climate change impacts. This paper examines the evidence from existing channelling of development and climate finance via private sector instruments to identify the probable risks and benefits of such approaches. The particular aim of this paper is to stimulate debate within the UK context.
The carbon market is in crisis, with offset prices crashing to all-time lows and carbon branded the ‘world’s worst performing commodity’. Yet, as traders withdraw from the market, climate negotiators at COP17 have agreed to expand the... more
The carbon market is in crisis, with offset prices crashing to all-time lows and carbon branded the ‘world’s worst performing commodity’. Yet, as traders withdraw from the market, climate negotiators at COP17 have agreed to expand the scope of the Clean Development Mechanism (CDM) and create ‘new market mechanisms’. This article examines the record of the CDM and the Durban decision to keep it alive in the absence of binding emissions reduction targets. It then examines the reasons behind the creation of ‘new market mechanisms’, arguing that these are locked into international negotiations by a mix of interest, ideology and institutional inertia, as well as being consistent with broader attempts to redefine the international climate regime.
What are the core principles behind a Just Transition to a post-fossil fuel economy?