EU lawmakers call on China, Saudi Arabia to contribute more to climate finance
Members of the European Parliament on Wednesday ratcheted up pressure on China and oil-rich countries in the Middle East to start contributing more to international climate finance.
Read MoreSpain’s Ribera seen as most likely pick for EU climate chief
The Spanish Minister for the Ecological Transition, who was appointed to Brussels last week by her government, is widely tipped for the European Commission’s climate portfolio, but is not certain to be confirmed in time for the COP29 summit in Baku.
Read MoreJordanian carbon market delayed pending greater clarity on Article 6 -media
Jordan’s voluntary carbon market (VCM) plans have stalled since it announced in 2020 intentions to launch a regulated domestic market – a delay that local media sources attribute to ongoing ambiguity about Article 6 carbon trading under the Paris Agreement.
Read MoreCOP29 host launches support platform to aid developing nations submit climate reports
COP29 host nation Azerbaijan has launched a platform to help developing nations with their submission of climate progress reports.
Read MoreSouth African high court hears appeal over state-owned gas plant
A South African court of appeal will hear a case on Friday in a years-long challenge by environmental groups to a large-scale gas-to-power plant over its lifecycle climate impacts.
Read MoreUN pact reintroduces key fossil fuel transition language after backlash
Governments have listened to angry calls from a group including multiple Nobel laureates to reintroduce language to a key UN draft pact that explicitly addresses the threat of fossil fuels, after the previous iteration had removed all mention of coal, oil, and gas from the text.
Read MoreCOP29 president asks parties to support transparency framework with early submissions
The incoming Azerbaijan presidency of the COP29 climate conference on Thursday distributed a letter to all parties and observers encouraging early submission of climate progress reports to help accelerate the newest UNFCCC transparency framework.
Read MoreRising unilateralism from big players threatening Article 6 carbon markets, report argues
Article 6 is under threat from rising unilateralism, especially from some of the most influential parties, while isolated efforts to raise integrity in the voluntary carbon market will not be enough, a new report has argued, urging countries to unite around UN carbon markets to drive sufficient climate finance to meet the Paris Agreement goals.
Read MoreSeveral countries ignoring Glasgow pledge to pump public money into fossil fuels, finds report
Several countries, including the US, have been violating their commitment to the Clean Energy Transition Partnership (CETP) to reduce public finance for fossil fuel projects, finds a report.
Read MoreINTERVIEW: Oman plans to launch Article 6 carbon framework at COP29
The Sultanate of Oman has drafted a regulatory framework for Article 6 carbon trading under the Paris Agreement, seen by Carbon Pulse, to be formally launched at the COP29 UN climate conference in Baku, Azerbaijan in November.
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