EU to suggest pragmatic methane law, as civil society groups step up scrutiny
The European Commission is preparing for a “pragmatic implementation” of the EU Methane Regulation, with a chance that the executive will propose further guidance to companies in an upcoming unofficial paper, sources told Carbon Pulse.
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 MoreBRIEFING: China calls EU carbon border fee “not helpful for developing countries”
China’s ecology and environment vice minister, Li Gao, has called the EU’s Carbon Border Adjustment Mechanism (CBAM) “not correct” and “not helpful for developing countries”, saying it seeks to impose a global carbon price on other nations.
Read MoreBrazil approves 80 CDM projects’ transition to PACM, making it leader among host countries
Brazil has approved the transition of 80 former Clean Development Mechanism (CDM) projects to the Paris Agreement Crediting Mechanism (PACM), the country’s Ministry of Environment and Climate Change (MMA) announced Thursday, making it a leader among host countries to approve such requests.
Read MoreEU, China, Brazil, hold first meeting of compliance carbon markets coalition
The first meeting of the Open Coalition on Compliance Carbon Markets took place on Thursday, with the EU and Brazil’s top climate officials telling Carbon Pulse the initiative aims to reduce fragmentation among emissions trading systems worldwide and boost the uptake of carbon pricing.
Read MoreUN climate panel scraps extreme scenarios -media
The Intergovernmental Panel on Climate Change (IPCC) is refocusing its work on mid-range pathways that imply around 3-3.5C global warming by 2100, media outlets have reported.
Read MoreArticle 6 momentum growing but 90% of interested parties on sell side, finds UN
Based on the latest NDCs submitted, over 75% of parties have explicitly indicated their intention to participate in Article 6, but only around one-tenth of these are on the demand side, according to a UN presentation.
Read MoreLaunch of first climate change trust fund for an overseas territory
The Virgin Islands has launched a climate change trust fund, marking the first legally constituted trust of its kind designed to bridge the gap between global climate finance and local implementation.
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.
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