News & Analysis as of

Climate Change Conference of the Parties Paris Agreement

Mayer Brown

COP-29: Progress in the Operationalization of the International Carbon Credit Market

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On November 11, 2024, one of the first substantive outcomes of the 29th Session of the UN Conference of the Parties to the UN Framework Convention on Climate Change (COP29) was approved. The President of COP19 introduced a...more

McDermott Will & Emery

COP29 Week One: Conference Is Told “Parties Must Remember That the Clock Is Ticking” as They Struggle To Make Progress on How To...

McDermott Will & Emery on

The previous annual finance goal (the New Collective Quantified Goal (NCGC)) of $100 billion expires this year. However, wealthy countries only met the pledge in full starting in 2022. Negotiation teams are working on draft...more

McDermott Will & Emery

COP29 Day Three: Progress Is Made Toward Tripling Nuclear Capacity by 2050 as Cracks Appear Within Funding Models

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Day three of the 29th Annual United Nations Climate Change Conference COP29 saw the end of the first part of the high-level segment for heads of state and other global leaders in Baku as well as the announcement of...more

McDermott Will & Emery

COP29 Day Two: The US Continues to “Work Together With Global Partners To Be Successful in Outcomes That Keep 1.5 Alive”

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Day two of the 29th Annual United Nations Climate Change Conference (COP29) saw the US Special Presidential Envoy for Climate make its first post-election statements in Baku....more

Paul Hastings LLP

COP 29: Parties at UN Climate Summit Agree on Standards to Launch Global Carbon Market

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In an effort to advance a global carbon market, the parties to COP 29 — the United Nations climate conference hosted by Azerbaijan this year — approved important standards for such a market to be developed under Article 6.4...more

White & Case LLP

Roadmap to COP29 – what is new for carbon markets?

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The 29th Conference of the Parties to the United Nations Framework Convention on Climate Change ('COP29') may offer opportunities for key stakeholders to foster international cooperation on using market-based cooperative...more

White & Case LLP

Article 6 Paris Agreement: talks continue at Bonn climate change conference

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The 60th sessions of the United Nations Framework Convention on Climate Change Subsidiary Body for Implementation and Subsidiary Body for Scientific and Technological Advice from 3 to 13 June 2024 in Bonn, Germany (the "Bonn...more

Perkins Coie

COP28: Takeaways for Businesses and Investors

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The 28th United Nations (U.N.) Climate Change Conference of the Parties (COP28) wrapped up in Dubai in mid-December 2023. This Article summarizes key takeaways and describes the potential implications for businesses and...more

Latham & Watkins LLP

COP28: Key Takeaways From the Annual Climate Conference in Dubai

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The first global stocktake, Article 6, carbon markets, new finance pledges, and the loss and damage fund formed the major developments at this year’s conference. Between November 30 and December 12, 2023, Dubai hosted the...more

Akin Gump Strauss Hauer & Feld LLP

COP28 - December 5, 2023 Recap

Akin is participating at COP28 and providing regular updates from the conference. COP28 - December 5, 2023 Recap - - A draft of the first Global Stocktake (GST), the document that assesses countries’ progress toward...more

Latham & Watkins LLP

Long-Awaited Guidelines From Article 6.4 Published Ahead of COP28

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The Supervisory Body published the Methodology Guidance and the Removal Guidance to be presented for discussion in COP28. After two years of discussion, the Supervisory Body (SB) responsible for determining the...more

Akin Gump Strauss Hauer & Feld LLP

Previewing COP28: Opportunities, Challenges and Anticipated Outcomes

The 28th Conference of the Parties (COP28) to the United Nations Framework Convention on Climate Change (UNFCCC) has commenced this week in Dubai, United Arab Emirates (UAE), and will run through December 12, 2023. The UAE is...more

White & Case LLP

Progress made on Paris Agreement Article 6.4 at Bonn; Talks to Continue in Dubai

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Article 6.4 of the Paris Agreement to the United Nations Framework Convention on Climate Change ("UNFCCC") provides a structure for a carbon credit market on which greenhouse gas ("GHG") emission reductions or removals may be...more

White & Case LLP

Emerging Fundamentals in Climate Mitigation Through ITMO Transactions Under Paris Agreement Article 6.2

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Article 6.2 of the Paris Agreement that was approved by the 21st session of the Conference of the Parties to the United Nations Framework Convention on Climate Change ("UNFCCC") provides a framework for countries to transfer...more

White & Case LLP

Article 6 of the Paris Agreement: Opportunities for Africa

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The possibility of climate markets has finally materialized into the draft stage at COP27, but many crucial decisions that would allow for carbon trading to begin in earnest were deferred to COP28. The Paris Climate...more

Latham & Watkins LLP

COP27: Overview and Key Takeaways

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Establishment of the loss and damage fund and development in Article 6 of the Paris Agreement were among the major developments in this year’s conference. On November 20, 2022, the 27th annual Conference of Parties...more

Latham & Watkins LLP

Updates From Week One of COP27: Article 6 Negotiations and US Announcements

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Extensive negotiations focused on finalizing the details of a “rulebook” for an international carbon market under Article 6 of the Paris Agreement. The 27th annual Conference of Parties (COP27) of the United Nations...more

Akin Gump Strauss Hauer & Feld LLP

COP27: A Fair COP or a COP Out?

The UN Conference of the Parties can be baffling. Here are Alex Harrison’s and Ken Markowitz’s key takeaways from week 1 of COP27 in Sharm el-Sheik, Egypt...more

Goldberg Segalla

What to Expect at The Upcoming COP27 U.N. Climate Conference

Goldberg Segalla on

Due to increasing droughts, wildfires, flooding, and more severe storms, most of the scientific community and political leaders around the world agree that climate change is a real and significant threat facing this planet...more

Akin Gump Strauss Hauer & Feld LLP

Key Issues at COP 27

From November 6 to November 18 of this year, climate leaders will convene in Sharm el Sheikh, Egypt, for the United Nations Framework Convention on Climate Change’s (UNFCCC) 27th Conference of the Parties (COP 27). COP 27...more

White & Case LLP

Post COP26: Developing and Funding Energy Transition Projects

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With an attendance of more than 190 world leaders, the long-awaited twenty-sixth Conference of the Parties (COP26) concluded with agreement on the Glasglow Climate Pact and the Paris Rulebook. Amid mixed views of whether...more

Morgan Lewis

2021 Year in Review: Climate Change

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The global impact of our planet’s changing climate garnered significant attention in 2021. The United States rejoined the Paris Agreement at the beginning of the year, and in November, during the United Nations Climate Change...more

Stikeman Elliott LLP

COP26: Key Takeaways and Action Items on Climate Change (Part II)

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In our previous post, we highlighted a number of global goals and campaigns aimed at addressing climate change. In this post, we examine climate change-oriented policies and initiatives that are being adopted by many...more

Akin Gump Strauss Hauer & Feld LLP

[Podcast] COP26: Outcomes, Takeaways, Forecasts

Accelerate ESG debuts with Akin Gump partners Stacey Mitchell, Ken Markowitz and Naboth van den Broek reviewing the recent UN Climate Change Conference, which Ken and Naboth attended, to offer listeners insights into the...more

Stikeman Elliott LLP

COP26: Key Takeaways and Action Items on Climate Change (Part I)

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In recent weeks, there has been a lot written about the COP26 United Nations Annual Climate Change Conference, which was held in Glasgow, Scotland between October 31 and November 13, 2021. The central goal of the COP26...more

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