Sustainability and carbon market news
Stay up to date with the latest sustainability news, carbon market insights, and environmental regulation updates shaping the future of business.
From companies' net zero journeys and ESG reporting to evolving frameworks like CSRD and SBTi, explore the trends and regulatory changes driving corporate sustainability worldwide.
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Carbon markets
Paris Agreement
Article 6
COP29
The COP29 summit has delivered a historic breakthrough, finalising Article 6 of the Paris Agreement after a decade of negotiations. This pivotal achievement establishes high-integrity carbon markets, offering countries and companies a transparent platform to collaborate on reducing emissions and meeting their climate targets. Top view of growing tree seedlings. AI generated picture. The operationalisation of Article 6 is projected to save nations up to $250 billion annually in implementing their Nationally Determined Contributions (NDCs). The...
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Nigeria
Paris Agreement
Article 6
Singapore
COP29
COP29 has become a pivotal moment for advancing global environmental cooperation, with significant progress under Article 6 of the Paris Agreement. As nearly 200 nations gather to address the urgent environmental crises, partnerships and new...
Carbon markets
Carbon pricing
Article 6
COP29
COP29 in Baku, Azerbaijan, marked a milestone in global environmental action with the adoption of a framework under Article 6.4 of the Paris Agreement. Nearly 200 nations agreed to establish a UN-managed global carbon market, enabling more efficient...
Green tech
Nature-based solutions
COP29
The 29th UN Climate Change Conference (COP29) is set to address the growing environmental impact of artificial intelligence (AI) for the first time. Kicking off in Baku, the event includes a dedicated ‘Digitalisation Day’, where industry leaders,...
Carbon markets
United States
COP29
The COP29 summit commenced in Baku, Azerbaijan, with an intense first day marked by high-profile speeches and resolved tensions over the summit's agenda. UAE’s COP28 President Sultan Al-Jaber highlighted record growth in renewable energy investments...
Net zero
Finance
COP29
Delegates from nearly 200 countries are gathering in Baku for COP29, an 11-day environmental summit. This year’s talks, often called the ‘finance COP’, centre on setting ambitious climate finance targets. Wealthy countries are expected to commit...
Carbon markets
Saudi Arabia
COP29
Saudi Arabia is progressing toward the launch of its carbon market, with a targeted start date of late 2026 or 2027. This announcement came at the eighth Future Investment Initiative (FII) summit, where government officials and business leaders...
Carbon credits
Carbon markets
Nature-based solutions
COP29
Azerbaijan’s Foreign Minister, Jeyhun Bayramov, has revealed the core agenda for the upcoming COP29 climate summit, set to take place from 11 to 22 November 2024, in Baku. Speaking at the 79th United Nations General Assembly, Bayramov outlined key...
Carbon offsetting
Carbon credits
Investment
COP29
Climate Week NYC 2024 highlighted major strides in carbon management, with pledges to triple nuclear energy funding, the establishment of a US green banks forum, and several new carbon removal agreements. These deals underscore the growing...
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