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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 ...

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, ...

Article 6

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 ...

Adaptation

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”, ...

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 ...

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 ...

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

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 ...

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 ...

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, ...

COP28

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 ...

Trade

EU to Push for Phaseout of Fossil Fuels Again

This year, the EU is going in strong, setting out its position early on regarding the need for a phaseout ...

COP28

Transitional Loss and Damage Fund Committee Finally Established

The Loss and Damage transitional committee tasked with operationalising the new fund has finally been established. They will make recommendations ...

Loss And Damage

Corporates Embrace US Subsidies as IMF Cautions Against Climate Protectionism

Energy companies are loving the US’s Inflation Reduction Act that seeks to shore up green technologies and supply chains through ...

Trade

What Does the New High Seas Treaty Mean for Climate Change?

The recently concluded High Seas Treaty will bolster the world’s ability to protect climate vulnerable areas on the high seas. ...

Adaptation

Climate High on the AU Agenda at its Annual Summit

The AU has resolved to continue pursuing membership of the G20 and efforts to promote climate finance reform. In parallel ...

COP28

EU’s Carbon Border Adjustment Mechanism Could Reduce African GDP by 0.91%

Early analyses indicate that the CBAM will negatively affect developing countries more than developed ones, and that the impact on ...

Trade