Groups call for suspension of first PACM credits over Myanmar junta ties, human rights concerns
The first batch of carbon credits issued under the Paris Agreement’s Article 6.4 mechanism are linked to institutions controlled by Myanmar’s military junta and may have been verified under conditions that made independent oversight impossible, a report claimed on Thursday.
Read MoreUNDP urges Sri Lanka to finalise carbon trading framework for private capital
The United Nations Development Programme (UNDP) has urged Sri Lanka to operationalise and regulate its policy position on carbon trading, warning that private capital will only flow into markets offering predictability, credibility, and clear institutional structures, local media reported.
Read MoreLonger term govt responses to energy shocks can be good for emission cuts -research
When governments provide short-term relief for energy crises, they tend to go in the wrong direction, whereas prioritising structural responses can create much greater resilience in the long run, according to new research.
Read MoreVerra launches development of next round of methodologies, eyes super pollutants from refrigeration
Verra launched development of several new or revised standards, including a new methodology for avoiding super pollutant emissions from refrigeration systems.
Read MoreSB64: Article 6.2 buyers, host countries clash on user fees to fix €8.6 mln budget shortfall
A rift has emerged in Bonn between Article 6.2 buyer and host countries, as they debate a UN proposal suggesting user fees to plug an €8.6-million hole in the 2026-27 biennial budget, among other options.
Read MoreOECD calls for stronger data, policy checks to align finance with climate goals
Policymakers should widen climate finance policy toolkits, improve data frameworks, and strengthen evaluations to unlock transition investment opportunities that remain largely untapped, the OECD said in a 2026 review.
Read MoreRapid AI rollout could add nearly 3 bln tonnes of CO2 before climate benefits materialise -study
Rapid deployment of artificial intelligence (AI) infrastructure could add almost 3 billion tonnes of CO2 to the atmosphere before emissions savings from AI applications begin to outweigh the sector’s own climate footprint, according to a new study.
Read MoreBeZero cites legal backing for EU ESG ratings compliance as July launch nears
Carbon ratings agency BeZero Carbon said independent legal reviews have concluded its activities fall within the scope of the EU’s new ESG Ratings Regulation, as the company prepares to seek recognition under the regime ahead of its July implementation.
Read MoreIMF climate strategy faces scrutiny over decarbonisation advice, lending design
The International Monetary Fund (IMF)’s climate work has helped countries integrate transition risks into economic policy, but its decarbonisation advice and lending framework need sharper tailoring as members weigh carbon pricing, fiscal constraints, and green investment needs, according to a new independent evaluation.
Read MoreElectrification could help Asia slash fuel bill by $1 trillion annually -study
Asia could cut fossil import costs by around $1 trillion a year by electrifying its economy, a report said, with road transport alone offering savings of more than $300 billion annually.
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