Carbon credit auditors suspended for failures in sham rice-farming offsets
Verra has taken unprecedented action against four certification bodies that overlooked integrity problems with the projects. But the worthless credits still need to be compensated
Electricity demand surges, expanding renewables and fossil fuels in 2024
Cooling demand as a result of record temperatures was a significant driver of power generation last year, according to the International Energy Agency
US approves multi-billion-dollar loan for troubled Mozambique gas plant
The US export credit agency has unlocked key funding for TotalEnergies’ massive LNG project which was halted after militant attacks
Brazil’s COP30 president: Climate summits must move from words to real action
In a letter outlining his vision for Brazil’s climate summit, Corrêa Do Lago calls for a “new era” with collective work on implementation
Most cookstove carbon credits ruled out of quality scheme in integrity push
The Integrity Council for the Voluntary Carbon Market has rejected widely used rulebooks for cleaner cooking, which will require projects to switch to more rigorous methods
Countries fail again to decide timing of key IPCC climate science reports
China, Saudi Arabia and India pushed back against a proposal to align the IPCC flagship reports with the timeline of the global stocktake of climate action
In Trump’s shadow, IPCC set to make key decision on timing of climate science review
With the US not expected to show up at the IPCC meeting, countries have a final chance to agree whether assessment reports could inform the next UN scorecard of climate action
After US retreat, countries clash over who should make up Green Climate Fund shortfall
At this week’s board meeting, Germany and Sweden encouraged wealthier developing nations to step up – an idea rejected by Saudi Arabia
UN Climate Weeks to restart with new focus on fast-tracking negotiations
The series of events held in the Global South were cancelled last year as the UNFCCC faced severe financial challenges
The world’s biggest climate finance coalition is in crisis. Is it worth saving?
After big North American banks exited the net zero alliance, remaining members weigh up future options amid lacklustre real-world impact
After US cuts cash, Green Climate Fund head urges others to step up
Mafalda Duarte stresses the strategic and economic importance of keeping money flowing to developing countries after Trump cancelled $4bn pledge to the fund
“No future”: Climate projects face existential threat after Trump’s aid shutdown
The Trump administration’s attack on USAID puts at risk close to $500 million a year in grant-based climate funding for developing countries
Shell dodges paying compensation for sham carbon credits in China
The energy giant exited the failed projects after Verra asked for redress, but a legal expert says Shell should be held responsible
After Trump’s pullback, Bloomberg promises to fill US funding gap to UN climate body
The announcement comes after Trump said the US should “immediately cease or revoke” any financial commitment made under the UNFCCC
Brazil appoints veteran climate diplomat André Corrêa do Lago as COP30 president
Ambassador Corrêa do Lago’s appointment was widely welcomed by Brazilian climate campaigners, who praised his “deep knowledge” of climate talks
What Trump’s second term means for climate action in the US and beyond
The new president is expected to exit the Paris Agreement, slash climate finance and wage war on science – but clean energy may get an easier ride
How Shell greenwashed gas with sham Chinese carbon credits
Exclusive: Shell used rice-farming offsets for “carbon neutral” LNG campaign – but farmers and local authorities said no project activities took place
President Biden sets US emissions goal for 2035 in the shadow of Trump
The outgoing administration said the target to cut emissions by 61-66% by 2035 can be reached even if Trump rolls back climate action
Experts quit carbon market watchdog in row over quality label for forest credits
Two ICVCM expert advisors have resigned from their positions over what they called a “problematic precedent” set with the REDD+ decision
World Bank raises $100 billion for poor nations in boost for climate finance
Countries increased their contributions to the International Development Association in its largest replenishment yet, but experts warn rising inflation means a real-term cut
Failure of Busan talks exposes fossil fuel barrier to UN plastics pact
Countries told they can’t afford to miss the opportunity to tackle plastic pollution next year – but can they resolve a row over cutting oil-heavy production?
Talks to produce global plastics pact end without agreement
Countries failed to break a stalemate over core issues for a new treaty, with a push to manufacture less plastic meeting resistance from oil-rich states
New plastics pact text reflects stark divide on production cuts
Diplomats from high-ambition countries urge petrostates to compromise as latest draft text for a global treaty to end plastic pollution leaves all to play for
Fossil fuel lobby secures “record” access to crunch talks on new plastics pact
Representatives of ExxonMobil, Dow, BASF and Sabic are among the oil and petrochemical firms with participants at the INC-5 negotiations in South Korea