Adaptation
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- Event 3 January 2025 ESCO in Ukraine: 8 Years of Progress and Resilience Amid War Join us for an in-depth discussion on how the ESCO mechanism has been pivotal in advancing energy modernization in Ukraine’s municipal sector over the past eight years, even amidst the unprecedented challenges of wartime. This webinar will provide a comprehensive overview of the foundational ESCO legislation in Ukraine, emphasizing the state and municipal guarantees that ensure investment returns for ESCO companies—facilitating the successful implementation of over 700 energy performance…
- News 19 December 2024 Season's Greetings With virtual certainty, 2024 will be the warmest year on record and the first calendar year in which the world is 1.5°C above pre-industrial levels. This does not mean that the Paris Agreement goal has been permanently missed, but it is evident that the climate crisis continues to define our world. From the UN Secretary-General calling for urgent action on extreme heat to the desperate need for climate action voiced by Island States and others at COP29, events this year have again illustrated…
- News 16 December 2024 Empowering Climate Action through Technology and Innovation at COP29 As the urgency of climate action grows, UNEP Copenhagen Climate Centre directed the spotlight on climate technologies as pivotal tools to achieve ambitious global climate targets at COP29 in Baku. Along with partners and countries, the Centre highlighted impacts and potential of technology-driven solutions for mitigation, adaptation, and sustainable development. A series of events featured the potential of climate technologies and of Technology Needs Assessments (TNAs) and Technology Action…
- News 6 December 2024 Interagency collaboration strengthening Pakistan's carbon markets and climate goals Pakistan is currently developing its Nationally Determined Contributions (NDC) 3.0 under the Paris Agreement. UNEP Copenhagen Climate Centre is joining the efforts in advancing Pakistan’s climate commitments by supporting the development of the "Carbon Markets" section in the NDC. This effort is part of the broader UNDP-led Climate Promise II initiative, which supports Pakistan's Ministry of Climate Change and Environmental Coordination (MoCC&EC). High-integrity carbon markets UNEP…
- Project 5 December 2024 Greening the financial sector in Malawi UNEP Copenhagen Climate Centre has supported the Reserve Bank of Malawi throughout 2024 in exploring how the Bank can help the greening of the financial sector in Malawi. Malawi is highly vulnerable to climate change and its financial sector is expected to face increased climate-related financial risks in the near term. The Malawian economy and population are increasingly vulnerable to climate-related disasters, including floods, droughts and cyclones, which can severely damage infrastructure…
- News 26 November 2024 SPAR6C Supports Pakistan in Launching Carbon Market Policy Guidelines at COP29, Baku The opening day of COP29 in Baku saw a landmark breakthrough for the proliferation of carbon markets, with the approval of standards for the Paris Agreement Crediting Mechanism (PACM), key to implementation of Article 6.4. This represents a critical step towards concluding Article 6 negotiations. Nearly 200 governments agreed on the framework that sets up a centralized global mechanism with clear rules and procedures for countries and companies involved in carbon credit transactions. Article 6…
- News 19 November 2024 Using carbon markets to drive equitable climate action: COP29 highlights The potential of Paris Agreement-aligned carbon markets to finance urgent climate action while ensuring equitable outcomes were in focus during a high-level side event at COP29. Discussions centered on Article 6’s transformative potential in mobilizing climate finance for ambitious climate commitments. Critical aspects of climate finance, such as accessibility, empowering country-driven solutions and strengthening platforms for collaboration were highlighted with the clear aim of enhancing…
- News 13 November 2024 Academia as an Important Stakeholder in Pakistan’s Carbon Market The integral role that academia can play in the implementation of carbon markets in Pakistan was discussed during the National Meeting of the Community of Practice for Article 6 Implementing Countries (COP-ASIC) on 1st November at Ramada Hotel, Islamabad. Article 6 of the Paris Agreement 2015 is designed to enable countries to cooperate with each other to achieve ambitious mitigation targets through market-based approaches. This includes the use of carbon trading. Under Article 6, a country can…