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COP26: Reactions to the Glasgow Climate Pact and a summary of other major announcements

Published 23:57 on November 13, 2021  /  Last updated at 01:12 on November 14, 2021  /  Africa, Americas, Asia Pacific, Australia, Aviation/CORSIA, Bavardage, Canada, China, Climate Talks, EMEA, EU ETS, International, Japan, Kyoto Mechanisms, Mexico, Middle East, New Market Mechanisms, New Zealand, Other APAC, REDD, Shipping, South & Central, South Korea, Switzerland, UK ETS, US, Voluntary Market  /  No Comments

Here are selected expert reactions to the Glasgow Climate Pact, which was concluded at the UN COP26 summit late Saturday, as well as a summary of the major announcements made during the two-week talks.

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COP26: REDD+ moving ahead of Article 6, but questions remain on approach, integrity

Published 21:03 on November 12, 2021  /  Last updated at 11:38 on November 15, 2021  /  Africa, Americas, Asia Pacific, Australia, Canada, China, Climate Talks, EMEA, International, Japan, Kyoto Mechanisms, Mexico, Middle East, New Zealand, REDD, South & Central, South Korea, Switzerland, UK ETS, US, Voluntary Market  /  No Comments

REDD+ outcomes approved and tracked by the UN are moving ahead of Article 6 negotiations under the Paris Agreement, although others are pursuing alternative approaches or calling for restrictions to ensure the environmental integrity of global carbon trading.

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Japan’s Idemitsu eyes carbon market, announces first offset-backed voyage

Published 06:45 on November 12, 2021  /  Last updated at 06:45 on November 12, 2021  /  Asia Pacific, Bavardage, International, Japan, Other APAC, Shipping, Voluntary Market  /  No Comments

Japanese oil company Idemitsu is considering opportunities in the voluntary carbon market with generation of credits based on its technologies, and on Friday announced its first offset-backed crude oil transport.

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COP26: Roundup for Day 10 – Nov. 11

Published 07:58 on November 11, 2021  /  Last updated at 21:48 on November 13, 2021  /  Africa, Americas, Asia Pacific, Australia, Aviation/CORSIA, Bavardage, Canada, Carbon Taxes, CBAM, China, Climate Talks, EMEA, EU ETS, Japan, Kyoto Mechanisms, Mexico, Middle East, New Market Mechanisms, New Zealand, Other APAC, REDD, Shipping, South & Central, South Korea, Switzerland, UK ETS, US, Voluntary Market  /  No Comments

Climate talks in Glasgow carry on, with negotiators having just two more full days to agree on texts before entering the more or less obligatory overtime. Check in here for the latest news and updates throughout the day.

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COP26: Roundup for Day 9 – Nov. 10

Published 06:42 on November 10, 2021  /  Last updated at 21:48 on November 13, 2021  /  Africa, Americas, Asia Pacific, Australia, Aviation/CORSIA, Bavardage, Canada, Carbon Taxes, CBAM, China, Climate Talks, EMEA, EU ETS, International, Japan, Kyoto Mechanisms, Mexico, Middle East, New Market Mechanisms, New Zealand, Other APAC, REDD, Shipping, South & Central, South Korea, Switzerland, UK ETS, US, Voluntary Market  /  No Comments

Midway through the second week of COP26, and much is still left to be done. We follow the latest developments here and update continually throughout the day.

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$100/tonne CO2 tax would have minor impacts in most OECD countries -study

Published 20:53 on November 9, 2021  /  Last updated at 20:53 on November 9, 2021  /  Africa, Americas, Asia Pacific, Australia, Canada, Carbon Taxes, China, EMEA, International, Japan, Mexico, Middle East, New Zealand, South & Central, South Korea, Switzerland, US  /  No Comments

A sudden global $100/tonne carbon tax would lower GDP by only 1-2% in most middle-to-high-income nations, but the effects would be more pronounced in carbon-intensive emerging economies such as Russia, South Africa, and India, according to new research.

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COP26: Democratic Congressional delegates tout US climate leadership amid domestic headwinds

Published 20:34 on November 9, 2021  /  Last updated at 20:34 on November 9, 2021  /  Americas, Asia Pacific, Australia, Canada, China, Climate Talks, EMEA, International, Japan, Mexico, Middle East, New Zealand, Other APAC, South & Central, South Korea, Switzerland, US  /  No Comments

A collection of Democratic lawmakers, led by House Speaker Nancy Pelosi, arrived at the COP26 talks on Tuesday to rekindle trust in US climate leadership, but a bleak legislative and policy landscape at home and poor track record in global cooperation are raising doubts.

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COP26: Glasgow faces credibility gap with climate efforts falling short, report warns

Published 14:00 on November 9, 2021  /  Last updated at 11:54 on November 9, 2021  /  Americas, Asia Pacific, Australia, China, Climate Talks, EMEA, International, Japan, New Zealand, Other APAC, US  /  No Comments

The Glasgow climate conference faces a credibility, action, and commitment gap with the world heading for end of century warming of over 2C, even when taking into account the recent spate of net zero pledges by key economies, a report released on Tuesday said.

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COP26: Roundup for Day 8 – Nov. 9

Published 07:52 on November 9, 2021  /  Last updated at 22:04 on November 13, 2021  /  Africa, Americas, Asia Pacific, Australia, Aviation/CORSIA, Bavardage, Canada, Carbon Taxes, CBAM, China, Climate Talks, EMEA, EU ETS, International, Japan, Kyoto Mechanisms, Mexico, Middle East, New Market Mechanisms, New Zealand, Other APAC, REDD, Shipping, South & Central, South Korea, Switzerland, UK ETS, US, Voluntary Market  /  No Comments

It’s Science Day in Glasgow, while negotiations carry on under the guidance of ministers appointed by the UK COP26 Presidency.

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ANALYSIS: Shipping blueprint highlights need for R&D spend to kickstart industry decarbonisation

Published 05:53 on November 9, 2021  /  Last updated at 00:55 on November 10, 2021  /  Africa, Americas, Asia Pacific, Australia, China, Climate Talks, EMEA, International, Japan, Other APAC, Shipping, South & Central, US, Voluntary Market  /  No Comments

A recent warning from a shipping industry group that lack of investment in green technologies presents the biggest hurdle to the industry’s decarbonisation targets has sharpened focus on the technical and financial challenges facing the sector, whose emissions are seen as hard to abate, if it is to achieve net zero emissions by 2050.

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