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COP29: Article 6 undermining the COP process, warns NGOs

12 November 2024

The pursuit of carbon markets under Article 6 is "undermining" the principle of the COP process, the Global Forest Coalition (GFC) has warned, with concerns also raised about the "bulldozing" of negotiations.
COP29: IIGCC welcomes UK's updated NDC

12 November 2024

The UK has announced it will target a reduction in greenhouse gas emissions of at least 81% by 2035, compared to 1990 levels, in a move an investor group said showed the UK could lead the world in attracting private climate finance.
COP29: BlackRock among investors working on Singapore-led debt finance initiative

12 November 2024

The Monetary Authority of Singapore (MAS) is to develop an 'industrial transformation' infrastructure debt programme under the $5 billion FAST-P blended finance initiative.
COP29: Climate finance vehicle prepares for inaugural green bond issue

12 November 2024

An innovative climate finance vehicle has signaled that it is ready to issue its first bonds, which are expected to be labeled 'green'.
COP29: More work to do on Article 6, says UNFCCC's Stiell

12 November 2024

There is still more work to do on Article 6, a UN climate lead has told COP29, but praised "a good start" for the mechanism at the conference.