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COP28 deal to transition away from fossil fuels 'keeps 1.5°C alive' - but loopholes remain

Countries have agreed to transition away from fossil fuels in an historic first for a UN climate conference, with claims it "keeps 1.5°C alive" - but observers warned of several "loopholes" that could undermine its implementation.

Policy engagement more important if COP28 disappoints, investor says

Institutional investors are likely to sharpen their focus on pushing policymakers for a more supportive framework for net zero-aligned private investment in the event of an "underwhelming" UN climate conference, a director at Rathbones has said.

Colombia offers to host biodiversity COP16

COP28: Controversial REDD+ study called into question

A controversial study which found 94% of REDD+ credits were 'worthless' has been called into question by new research, with scientists urging the original study to be retracted or "majorly revised".

COP28: Debt-for-nature swaps encouraged by France, Colombia and Kenya

The French, Colombian and Kenyan governments have encouraged the use of 'debt-for-nature swaps' as a key mechanism for scaling up nature finance, amidst the launch of a review into national debt hindering sustainable investment.

COP28: Global Stocktake nothing more than 'disjointed wish list', NGO says

The latest Global Stocktake drafted text is a "disjointed wish list" with weak language on reducing use of fossil fuels, an NGO has claimed.

COP28: EU 'slowing progress on Article 6'

As negotiations on Article 6 continue into the second week of COP28, Environmental Finance has heard that EU may be looking to 'curtail' negotiations amid concerns about how its own carbon mechanisms could be affected.

COP28: 18 countries join pledge to scale nature finance

18 countries have signed a high-level declaration to protect and preserve nature, which includes scaling up private finance into nature-related approaches and improving nature reporting interoperability.

COP28: The role of quality data in climate reporting

It is becoming essential for asset managers to report transparently on their approach and outcomes relating to climate risks, writes Martina Macpherson

COP28: Global Stocktake "non-negotiable" fossil fuel inclusion left out, CDP says