• The EU will push for accelerated delivery on the Paris Agreement through new Nationally Determined Contributions (NDCs) and commitments to tripling renewables and doubling energy efficiency by 2030.• The...
• 19 of 25 World Bank executive directors back continued climate financing despite US opposition.• Directors representing 120 nations call for alignment with the Paris Agreement and a 45% climate...
EU-China Joint Climate Statement Marks New Phase in Green Cooperation At the EU-China Summit in Beijing, held during the 50th anniversary of diplomatic ties and the 10th anniversary of the...
The European Commission has proposed an amendment to the EU Climate Law, setting a 2040 target to reduce net greenhouse gas (GHG) emissions by 90% compared to 1990 levels, in...
The Net Zero Banking Alliance (NZBA), a UN-backed coalition of over 120 global banks, has formally voted to loosen its commitment to the 1.5°C global warming target, pivoting instead to...
Singapore expands its global carbon market framework with a new bilateral Implementation Agreement with Chile, marking its fifth such pact under Article 6 of the Paris Agreement. This legally binding...
Switzerland’s Updated Climate Commitments The Federal Council has approved Switzerland’s new climate reduction target under the Paris Agreement, reinforcing its commitment to cutting emissions primarily through domestic measures. “The objectives...
Michael Bloomberg, founder of Bloomberg LP, UN Special Envoy for Climate Ambition and Solutions, and former New York City mayor, has pledged to fund U.S. obligations under the Paris Agreement....
The COP29 Presidency announced a major milestone in climate diplomacy: the full operationalization of Article 6 of the Paris Agreement, unlocking international carbon markets after years of complex negotiations. The...