The EU's #CBAM came into force in January, with the intent of reducing #CarbonLeakage.....Good timing!
But, considering that fuel costs are now globally higher (I.e. not just in traditionally carbon intensive regions), CBAM could be seen simply as a revenue-generating tool for renewables. Is there any indication that it could develop in this way?
After the finalization of the rulebook on Article 6 of the Paris Agreement at COP29 in Baku, international negotiations have shifted from the development of rules towards providing further guidance on implementation. Integrity, transparency, accountability and inclusivity were key areas addressed in decisions on Article 6.4 and Article 6.2. A further milestone was the closure of the Clean Development Mechanism (CDM) which will cease its operations in a staged approach over the next two years.
#CarbonMarkets: Real #Solution or #Dangerous #Distraction? : Medium
The Table #Condiment That Powers #Plant-Eating #Giants : Misc
6 #Archaeological #Discoveries that #Amazed the #World in #2025 ($) : Nat Geo
Latest #KnowledgeLinks
💬 „I believe the future can be much brighter - but we need action. Let’s mobilize the capital to fund projects that make a real impact and build a better future.“
- Ing. Glenn Kwabena Gyimah (General Manager, Jospong Green Transition Office, Ghana) at our workshop “From Carbon Market Readiness to Action: Implementation Experiences from Leading Countries in the Global South” at the #WorldClimateSummit at COP30.
#COP30 #ClimateAction #CarbonMarkets #SustainableFinance #GlobalSouth