In a tense closing plenary, countries protested the lack of finance and new adaptation indicators, amid a failure to include fossil fuels in the final agreement. The hard-won inclusion of the just transition work programme was overshadowed by vague funding promises and the exclusion of critical minerals.
Studio EB
The operationalisation of Article 6 at COP29 can be a critical lever to enable Asia Pacific’s transition to a low-carbon economy. Fragmented standards across countries, however, still present implementation challenges amid global geopolitical shifts.
The decision, made on the basis of additionality, affects nearly a third of all credits currently traded on the voluntary carbon market. Certifiers cautioned against a blanket methodology-level approach.
A year-long government “sandbox” study identifies recurring conflicts in solar, aquaculture-solar, micro-hydropower and geothermal projects, prompting policy reforms …