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Climate Talks: Unpacking COP28 and the State of Climate Action in 2024

3BL Media

They discussed the key developments, conclusions for global carbon markets, and what the landscape for private sector action looks like in 2024. Ritika Tewari, Senior Managing Consultant for Climate Policy, Finance and Carbon Markets: While there was progress on some fronts, as Frederic mentions, there was none on others. among others.

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Carbon Markets Dashboard Targets Enhanced Integrity

Chris Hall

CAD Trust tool incorporates leading carbon market standards, aims to support Article 6 despite COP28 setback. The launch of Singapore-based non-profit Climate Action Data Trust’s (CAD Trust) Public Data Dashboard aims to enhance transparency and bolster data access for carbon markets participants.

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At long last, Canada restricts oil and gas subsidies (except for all the loopholes)

Corporate Knights

Those guidelines are due to be released in 2024. In a release Monday, Oil Change International placed the total at $50 billion since 2019. Now, it’s being taken up by a multilateral panel that is expected to report in 2024 if all goes well. That work was meant to conclude by 2020.

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What the UAE Consensus – agreed at COP28 in Dubai – means for business

We Mean Business Coalition

C goal of the Paris Agreement within reach. By raising ambition and implementing climate policies, plans and laws, governments can provide the frameworks and incentives for business action at scale. Razan Al Mubarak, UN Climate Change High-Level Champion for COP28 UAE said in recent days, “We need to phase out fossil fuels.

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How the ‘Global Stocktake’ Can Accelerate Climate Action

Chris Hall

Jamal Srouji, Global Climate Programme Associate at the W orld Resources Institute, says the Global Stocktake is a chance to correct course on climate. This year is a critical moment for climate action. What is the purpose of the Global Stocktake? But the Global Stocktake is meant to go far beyond an assessment.

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‘First nail in the coffin’ for fossil fuels at COP28

Corporate Knights

“A call to transition energy systems away from fossil fuels—the first time oil and gas had been included in a COP agreement—won over those demanding strong action; but oil producers and developing countries were reassured by assertions that countries are free to follow their own paths to net zero,” Bloomberg News reports.

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The year of the burning platform

We Mean Business Coalition

This article first appeared in Business Green. Panellists in the famous alpine town could be heard using it in relation to difficult decisions stemming from all manner of alarming global crises through military conflict, social unrest, distrust in government, consequences of unregulated AI and, of course, climate change.