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- Fri 19:50Despite persistent attempts by some countries this week to dismantle key elements of the Net-Zero Framework (NZF) for global shipping, including removal of a carbon levy and decarbonisation fund, the framework has survived and is set to form the basis of further discussions.
- Fri 16:27Liberia faces losing vital development bank support unless it approves the sale of credits eligible under the UN's international aviation offsetting scheme (CORSIA), the Financial Times reported on Friday.
- Fri 14:50Based on the latest NDCs submitted, over 75% of parties have explicitly indicated their intention to participate in Article 6, but only around one-tenth of these are on the demand side, according to a UN presentation.
- Fri 13:38The European Union should make access to its carbon credit market conditional on countries adopting mandatory emissions pricing systems, according to new policy recommendations.
- Fri 12:36A Dutch project developer is waiting on a Letter of Authorisation (LoA) for Article 6 trade from Kenya to stave off the need for further capital raising or scaling back operations, it revealed in its annual report on Friday.
- Fri 11:46The Virgin Islands has launched a climate change trust fund, marking the first legally constituted trust of its kind designed to bridge the gap between global climate finance and local implementation.
