Author: THINKTEAM Support

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
  • Trade

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.
  • Loss And Damage

IPCC Debates Echo Developing/Developed Country Divide in UNFCCC Negotiations.

The IPCC, recently published their final synthesis report from their sixth assessment cycle, with debates coalescing around typical north/south divides.
  • COP28

IMF and World Bank Kick Off Spring Meetings with Climate in Focus

The World Bank and IMF spring meetings are likely to deal with climate change through the Evolution Roadmap, letting the bank lend more money, and capital adequacy frameworks.
  • Climate Finance

Guterres Calls for Developed Countries to Adopt 2040 Net Zero Targets

UN Secretary General António Guterres has called on developed countries to reach net zero as close as possible to 2040, and for emerging economies to do so by 2050.
  • COP28, NetZero and the Just Transition

DG at the WTO Announces Intention To Pursue Carbon Pricing Mechanism Framework in response to CBAM

A WTO Director-General, has reportedly sent an unapproved proposal to members on the development of a global carbon pricing framework in the context of the CBAM.
  • Trade