COP24 Roundup: Monday, Dec. 10
The COP24 climate summit in Katowice, Poland have shifted into high gear this week with the arrival of ministers, who take over from government officials who last week attempted to advance progress on the Paris Agreement rulebook.
Read MoreUPDATE- COP24: Voluntary carbon market explores new claims models for Paris transition era -ICROA
Voluntary market developers are exploring several new options for how to make emission reduction claims in host countries once the Paris Agreement begins and until trade rules are clear, industry group ICROA said Friday.
Read MoreECOSYSTEM MARKETPLACE: In Katowice, indigenous leaders call for wider uptake of REDD+
“RIA lives!” said Peruvian indigenous leader Fermín Chimatani Tayori, referring to a private-public partnership called “Amazon Indigenous REDD+”, an eight-year effort to develop protocols and projects that use carbon finance to support indigenous development plans called “Life Plans” (Planes de Vida).
Read MoreCOP24: Article 6 text slashed in half as UN talks begin in earnest
Negotiators substantially cut down the draft text of the Paris Agreement’s Article 6 concerning international emissions trading on Wednesday, though sources said much work remains over the next week-and-a-half of UN talks in Katowice.
Read MoreCOP24: Developers, NGOs spar over future role of CDM
The continuation of the CDM and its CER credits when the Paris Agreement takes effect in 2021 has emerged as a major point of contention in the early days of the UN climate summit in Poland, as developers and NGOs remain widely split on the issue.
Read MoreCOP24: UN secretary-general details 2019 summit to raise climate ambition
The UN has identified six action areas with a high potential to drive GHG reductions and resilience as it encourages countries to bump up their Paris Agreement targets at a New York conference next September, Secretary-General Antonio Guterres announced on Tuesday.
Read MoreCOP24: Countries step up to host 2019 UN climate talks after Brazil withdraws
At least four Latin American and Caribbean countries have voiced interest in hosting next year’s UN climate summit after Brazil withdrew its offer.
Read MoreECOSYSTEM MARKETPLACE: Corruption, poor enforcement hamper global efforts to end deforestation
Zanzibar’s Masingini Natural Forest Reserve provides drinking water for much of the island and habitat for dozens of rare and endangered species, but its forests are being illegally clear-cut. Meanwhile, in the Brazilian Amazon, the “lungs of the planet”, recent satellite images show 7900 square km of illegal deforestation in just the last year. Isolated transgressions? Hardly.
Read MoreMeeting 2C target requires tripling of NDC emission cut rate -UN report
Countries are going even further off track towards limiting global warming to 2C as emissions began increasing in 2017, according to a UN report that found nations must triple emissions cuts pledged under the Paris Agreement to keep within the temperature limit.
Read MoreECOSYSTEM MARKETPLACE: Oil palm, the prodigal plant, is coming home to Africa – What does that mean for forests?
Western and Central Africa have been cultivating oil palm for millennia, though the big money is flowing into Indonesia and Malaysia, which produce more than 80% of the world’s palm oil supply. Now Indonesian and Malaysian palm oil companies are expanding into African regions, and environmentalists are worried that could accelerate deforestation.
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