COP28: Momentum builds behind fossil phaseout in “wild” Global Stocktake language
With the direction of travel on the first ever stocktake of the Paris Agreement moving towards including “fossil phaseout” language in the text, sources inside negotiation rooms, country delegates, and climate stakeholders, underlined the substantial impact of such an outcome at COP28, though called for crucial clarification on “abatement” language.
Read MoreCOP28: Azerbaijan to be confirmed as host of next UN climate summit
Azerbaijan’s capital Baku will be confirmed as the next host of the annual UN climate summit, the country’s ecology minister announced at COP28 in Dubai on Saturday, after Armenia formally gave its blessing earlier in the week and Russia lifted its veto threat.
Read MoreCOP28: Roundup for Day 10 – Dec. 9
It is Day 10 – Nature Day – at COP28, where already tense negotiations about the global stocktake (GST) and Article 6 carbon markets are heating up, with announcements also seeping in on biodiversity and nature-based solutions. Week 2 is well underway, and it’s now crunch time in Dubai. Fortunately, Carbon Pulse’s hard-working correspondents are on the ground in Expo City wading through reports, gathering intel, and skulking around the sidelines of the summit so you don’t have to. In our daily running blog, we will report relevant or useful updates throughout the day. Timestamps are in local time (Gulf Standard Time, GMT+4).
Read MoreCOP28: Bolivia proposes moratorium for Article 6.4 carbon markets, observers suggest “performative” move
Bolivia has called for the ceasing of all market functions under the market-based Article 6.4 mechanism, which it sees as crowding out progress on non-market option Article 6.8, the government said in a statement released Friday at COP28 in Dubai, though observers have said the move is “performative” and is unlikely to have a significant impact on developments on the negotiated texts.
Read MoreCOP28: Roundup for Day 9 – Dec. 8
It is Day 9 of the COP28 climate conference, and weary (or wary) negotiators are returning from Thursday’s rest day. Carbon Pulse correspondents are back on the scene at Expo City, having celebrated the break in negotiations by returning to our regularly scheduled programming: reporting non-COP news. With the Russian President in the region and the mood in negotiation rooms being described as “toxic”, the UAE hosts have a big job on their hands. In our daily running blog, Carbon Pulse will report relevant or useful updates throughout the day. Timestamps are in local time (Gulf Standard Time, GMT+4).
Read MoreCOP28: Roundup for Day 7 – Dec. 6
It’s Day 7 of COP and Carbon Pulse journalists are still going strong as Week 1 draws to a close. ‘Urbanisation Day’ here in Dubai, and several scary reports are emerging around global warming tipping points, as progress continues in negotiation rooms on the Global Stocktake and Article 6, with phaseout language and UN carbon crediting rules in focus. The EU’s CBAM and concerns over a clean energy subsidy race are also infiltrating negotiating rooms, a key theme likely to spill over into Week 2. In our daily running blog, Carbon Pulse will report relevant or useful updates throughout the day. Timestamps are in local time (Gulf Standard Time, GMT+4).
Read MoreCOP28: A stocktake of the Global Stocktake – assessing the direction of travel after first text released
A meaty Global Stocktake (GST) negotiation text was published overnight – a document seen by some as a litmus test for success at COP28 – with all options seemingly still on the table and battles lines starting to be carved out, particularly over who wants what regarding the contentious question of a fossil fuel phaseout.
Read MoreCOP28: Roundup for Day 5 – Dec. 4
It’s Day 5 of COP28, and climate finance is the catchphrase of the day – although tensions on 1.5C and the fossil fuel phaseout are bubbling. In our daily running blog, Carbon Pulse will report relevant or useful updates throughout the day. Timestamps are in local time (Gulf Standard Time, GMT+4).
Read MoreCOP28: Roundup for Day 4 – Dec. 3
It’s Day 4 of COP28 and the focus begins to move away from world leaders, after a busy few days filled with international pledges, towards the nitty gritty of negotiations in Dubai. The devil, as they say, will be in the details in terms of progress on the global stocktake, as well as on carbon markets. Oh, and today is the first ever Health Day at a UNFCCC COP. In our daily running blog, Carbon Pulse will report relevant or useful updates throughout the day. Timestamps are in local time (Gulf Standard Time, GMT+4).
Read MoreCOP28: Roundup for Day 3 – Dec. 2
It’s Day 3 of COP28 and world leaders are speaking once again at Expo City in Dubai, UAE, with climate finance pledges mounting, and coal phaseout and renewables targets on the agenda. In our daily running blog, Carbon Pulse will report relevant or useful updates throughout the day. Timestamps are in local time (Gulf Standard Time, GMT+4).
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