Papua New Guinea unveils enhanced NDC, secures €2.1 mln in EU climate funding
Papua New Guinea has set a pathway to reach net zero emissions by 2030 and become net-negative by 2035 under a near-final update to its national climate pledge, while simultaneously securing new EU funding to strengthen climate finance, forest monitoring, and biodiversity governance.
Read MoreIETA proposes hybrid Article 6 model for Brazil, retaining half of mitigation outcomes at home
Brazil should consider an Article 6 strategy that allows the export of carbon credits while retaining 50% of mitigation outcomes for domestic climate targets, carbon trading industry group IETA said in a new report.
Read MorePCF26: FEATURE – Carbon finance in Peru should complement int’l aid, officials and partners say
Peru’s carbon market should be self-sustaining instead of relying excessively on foreign aid, without necessarily replacing international funds, officials and institutional partners told Carbon Pulse this week at the Peru Carbon Forum in Lima.
Read MoreIndonesia, UNEP expand REDD+ cooperation, back forestry climate goals
Indonesia’s forestry ministry and the UN Environment Programme have signed an agreement to boost cooperation on reducing emissions from deforestation and forest degradation (REDD+).
Read MoreBRIEFING: Brazil carbon market players call for diversified demand amid Article 6 debate
Brazil’s carbon market needs more diversified and predictable demand if it is to scale beyond a niche voluntary market and to attract long-term investment, speakers said at an event in Sao Paulo.
Read MoreBRIEFING: COP30 presidency advances on roadmap to halt deforestation, seeks global contributions
The Brazilian COP30 presidency is pushing forward with the development of a roadmap to halt and reverse deforestation and forest degradation by 2030, with the first consultations starting in New York on Monday on the margins of the 21st Session of the UN Forum on Forests (UNFF21).
Read MoreCOMMENT: Look Beyond Binaries for Climate Progress
Echoing A Tale of Two Cities, today’s climate transition is marked by both unprecedented progress and mounting headwinds, and overcoming false binaries will be critical to unlocking the capital and action needed at scale.
Read MoreResearchers outline reforms for global protected area effectiveness reporting
Researchers have outlined upgrades to a global biodiversity reporting system aimed at improving how countries monitor the effectiveness of protected and conserved areas (PCAs) under global conservation targets.
Read MoreUS researchers publish independent GHG emissions inventory after EPA fails to file annual report
US researchers have published an independent national GHG inventory covering three decades of emissions data, after the Environmental Protection Agency (EPA) missed its annual reporting deadline for the second consecutive year.
Read MoreCOMMENT: Article 6.4’s quiet calendar could shape the future of carbon markets
Article 6.4’s upcoming technical decisions on large-scale crediting, risk management, and reversal assessment will determine whether global carbon markets can scale a diverse portfolio of climate solutions or narrowly exclude key approaches like nature-based solutions.
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