Briefs: COP29 begins with ‘breakthrough’ on carbon market rules
In other news, Temasek-backed Pentagreen announced that it will manage Fast-P’s Green Investments partnership; the CPFIS investment scheme posts one-year returns of 14.71% in 3Q2024.
COP29 negotiators approve Article 6.4, establish standards for global carbon market
The approval of the standards was called a “critical step” toward future climate negotiations at COP29 by the summit’s lead negotiator, Yalchin Rafiyev.
COP29 countries endorse global carbon market framework
Countries gave the go-ahead to carbon credit quality standards which are critical to launching a U.N.-backed global carbon market that would fund projects that reduce greenhouse gas emissions.
'Carbon-neutral' countries demand credit at COP29
They're some of the world's smallest nations, but a group of countries that say they absorb more carbon than they emit is demanding attention at the UN COP29 talks.
Nations approve new UN rules on carbon markets at COP29
Governments at the COP29 talks approved Monday new UN standards for international carbon markets in a key step toward allowing countries to trade credits to meet their climate targets.
Global carbon market ‘breakthrough’ can save $250 bn annually, says COP29 lead negotiator Rafiyev
He further says that negotiations have begun on an ambitious climate fund to developing countries; a new goal of $1 tn is this summit’s top agenda.
COP29: Carbon emissions hit high as climate action stagnates
Despite the urgent need to reduce carbon in the atmosphere to slow climate change, fossil fuel emissions are still rising, ...
Euronews13h
Video. COP29 carbon credit debate sparks backlash from activists
At COP29 summit in Baku, Article 6 of the Paris Agreement was criticised by climate justice groups. They are sounding the ...
Forbes18h
Policy Makers At COP29 Urged To Act On ‘Super Pollutant’ Gases
Burston said super pollutants like tropospheric ozone and black carbon are also driving climate change at an alarming rate.
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COP29: UK looks to quickly bolster Article 6 trade with new principles for carbon trading
The UK is setting out six new principles for trading voluntary carbon and nature credits, building on the initiatives by the Integrity Council for the Voluntary Carbon Market (ICVCM) and seeking to ...
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COP29: What is a carbon credit? What is Article 6?
BAKU (Reuters) -Countries at the U.N. COP29 climate summit in Azerbaijan will attempt to agree rules for a global system ...
COP29: 5 Critical Developments To Watch At This Year’s Climate Summit
COP29, this year's biggest environmental conference, is now underway. Here is how leaders from around the world are coming ...
COP29: Canada needs to start a real conversation about international carbon markets
In a world coping with climate setbacks and Donald Trump’s re-election in the United States, the growing prominence of ...
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UN carbon market inches closer after COP29 agreement
The creation of a UN-backed global carbon market has taken a step closer to reality with governments approving new ...
The Banker16h
COP29 carbon standards agreement to boost voluntary carbon markets, say banks
Standards agreed in at this year's UN climate conference are expected to attract more bank and corporate participation in carbon markets, which have suffered trust and integrity issues ...
Experts at COP29 urge India to tackle short-lived climate pollutants
As the pollution worsens in New Delhi, experts at the COP29 climate summit here urged India to leverage its potential in ...