UN review flags major gaps in Malawi’s carbon market reporting
A United Nations technical review has identified significant weaknesses in Malawi’s reporting and governance arrangements for participation in international carbon markets under Article 6 of the Paris Agreement, raising concerns about transparency, accounting practices, and environmental integrity.
Read MoreSB64: BRIEFING – Plans for COP30 presidency’s twin roadmaps spark divergent reactions
The Brazilian COP30 presidency’s deforestation roadmap, presented in an early form on Monday, has been well received by a coalition of the willing, while the endeavour to draft a fossil fuel transition plan has sparked some backlash, Carbon Pulse heard in Bonn.
Read MoreSB64: Kenya sets 10-mln ITMO cap for Article 6 transfers through 2030 -official
Kenya has set a 10-million credit budget capping the volume of Internationally Transferred Mitigation Outcomes (ITMOs) that can leave the country under Article 6 through to 2030, a senior official told a carbon markets side event at the SB64 UN climate talks.
Read MoreSB64: BRIEFING – Parties sidestep conflict as implementation concerns prevail
Day one of the Bonn intersessional (SB64) UN climate summit saw parties avoid major disputes over the agenda and resist the urge to reopen old negotiations, refocusing on implementation – though the COP31 co-presidents appeared to skate around transition away from fossil fuels.
Read MoreClimate Litigation Roundup: International community stands firm on climate obligations as domestic pushback grows
The past month in climate litigation highlighted a widening divide between international and domestic climate law, as the former increasingly affirms that governments have an obligation to address climate change, while the latter are moving in the opposite direction, restricting avenues for relief against fossil fuel producers and high-emitting industries.
Read MoreFEATURE: Dimming the sun could soon be a topic for COP, but experts urge caution amid “rogue implementation” risks
Dimming the sun could soon move from theoretical science into mainstream political debate as the world seeks to combat the expected overshooting of the Paris Agreement’s 1.5C warming goal – but the risks of rollout remain significant due to unintended consequences or misuse of the technology, experts say.
Read MoreWealthy countries falling short of 2030, 2035 Paris goals, unlike BASIC countries -report
The three UN negotiating blocs comprising mostly wealthy countries are collectively on track to fall short of their emission reduction pledges in the next decade, with emissions set to exceed the 2035 targets by nearly 20%, according to a study published on Monday.
Read MoreForests and climate set to suffer under countries’ bioenergy reliance, warns coalition
Countries are relying too heavily on bioenergy to reduce carbon emissions in their national Paris Agreement pledges, which spells bad news for forests and climate as huge swathes of land are eaten up for growing biomass, according to environmental and social justice groups.
Read MoreUN review points to inconsistencies, transparency gaps in Tunisia’s carbon market plans
A UN expert review of Tunisia’s climate tracking report found “significant” inconsistencies and lacking transparency in the country’s international carbon market arrangements, as well as its plans to set up a national carbon crediting registry, and to trade credits with Japan.
Read MoreSB64: PREVIEW – Adjacent plans, procedures take centre stage at Bonn UN climate talks
UN observers anticipate that already-agreed initiatives, or ones conceived in parallel to formal COP negotiations, will shape the SB64 climate talks in Bonn this week and next – and that forward momentum on these fronts could itself be a determinant of the summit’s success.
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