Author: Ian Henderson

WTO Review of EU Trade Policies highlights significant unease about CBAM

The EU’s CBAM and its other green policies came under fire during the EU’s 15th Trade Policy Review at the WTO. China said it would unfairly penalise developing countries, and Russia complained it would fundamentally challenge the structure of global goods flows and the state of competition.
  • Uncategorized

Where are we on the Loss and Damage Fund?

Slow but important progress on the design elements of a loss and damage fund is being made. Developing country positions are unified and clear, however we still need agreement on where the fund will sit, what it funds, who contributes and who benefits.
  • COP28

Kenya to join Global Climate Club. Quo Vadis the Glasgow Mitigation Work Programme?

Kenya intends to join a Climate Club that aims to enhance mitigation ambition through trade cooperation and possibly industrial sector targets. What does this mean for the Mitigation Work Programme?
  • COP28

Zimbabwe to Seeking to Take Over its Carbon Credit Market

Zimbabwe plans to nullify existing carbon credit agreements and to claim 50% title to carbon credit revenue from offset projects, with foreign investors limited to 30%
  • Uncategorized

Petersberg Climate Dialogues: Building a COP28 Roadmap for Adaptation

COP28 preparations discuss a possible Roadmap that would address adaptation planning, risk management, and policy frameworks, but no reference yet to next steps for the Global Goal on Adaptation
  • Adaptation, COP28

India and China Want “Multiple Energy Pathways” While Germany Wants Renewables Targets

Consensus on fossil fuel phaseout looks more remote as India and China want to see language around “multiple energy pathways”, whilst Germany devotes its energy to renewables targets.
  • COP28

AFDB Pushes to Channel SDRs for Climate Finance

The AfDB is looking to rechannel SDRs to African countries to free up fiscal space to spend on climate, but progress is slow. The bank is now looking for five developed countries to come forward with pledges
  • Climate Finance

Republic of Congo Calls for REDD+ Credits to be More Accessible

Sovereign Credits present a difficult trade-off between integrity but also being fit for purpose for African countries. Republic of Congo’s Minister of Environment, is calling for the procedures to be revisited.
  • Climate Finance

EU Deforestation Rules to Affect Côte d’Ivoire and Ghana

A landmark EU deforestation law stands to significantly affect coco exports from Côte d’Ivoire and Ghana
  • Uncategorized

Who Will Pay? Wheels start to turn within the ICJ and Loss and Damage Transitional Committee

Both the ICJ and the Loss and Damage Transitional Committee will have to answer who will pay for climate change loss and damage.
  • Uncategorized