Archive

'Door is now open' for Article 6 transactions, says Standard Chartered

Progress on Article 6 at COP29 should be a catalyst for credit demand, Standard Chartered's carbon market development director has said, but noted that some "unknowns" still remain.

The 'finance COP' short-changed the Global South, say investors

Investors have lamented that the agreement thrashed out at COP29 does not go far enough to plug the gap in funding required to help emerging markets transition to a net zero economy.

COP29: 'Historic step' for carbon markets, as Article 6 crosses finish line

One of the main achievements of COP29 was the "historic" progress made in developing international carbon markets with the blessing of the UN.

COP29: Loss and Damage Fund becomes fully operationalised

COP29: 'No time for victory laps' as NCQG falls short of expectations

Efforts to enhance current financial commitments to tackle climate change at COP29 in Baku, Azerbaijan, faced criticism as talks finished amid dissent by developing countries.

UK pledges £239m to tackle deforestation

Webinar: COP29 a missed opportunity to support private sector transition planning

A lack of progress on negotiations at COP29 is undermining hopes that countries could support the creation of an international framework that would support private sector transition planning, a webinar hosted by the IFC and Environmental Finance heard.

COP29: Sweden pushes forward on Article 6.2

Sweden has signed bilateral agreements on emissions trading with Nepal and Zambia as part of the Article 6.2 mechanism of the Paris Agreement as COP29 comes to a close.

COP29 could be remembered as the 'blended finance COP', AllianceBernstein says

COP29 could be remembered as "the blended finance COP" if its climate finance pledges are matched with sufficient ambition in the next round of national climate targets, AllianceBernstein has suggested.

COP29: Finance text draws criticism for missing 'elephant in the room' of numbers

The latest draft text of the centrepiece of COP29 negotiations has been criticised for failing to provide detail on the much-contested aspect of how much money countries commit to provide annually to climate mitigation and adaptation.