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- Event 10 January 2025 Second International ESCO Symposium The Global ESCO Network’s Second International ESCO Symposium brings together ESCOs, energy efficiency professionals, policymakers, industry leaders, financiers and energy experts, highlighting the critical role of ESCOs in accelerating the transition toward a low-carbon and energy-efficient future. Through a series of engaging presentations, interactive panel discussions and networking, the symposium presents the latest trends, regulatory frameworks, financing strategies, and success…
- 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…
- Webinar & E-Learning 19 December 2024 Government Actions to Foster the Development of ESCO Markets (Webinar) - 04.12.2024 Attempts to foster ESCO markets in developing countries by replicating Western-style ESCO models have in many instances proven unsuccessful, by replicating ESCO approaches without considering the local legal, financial, accounting and business infrastructure needed for a thriving ESCO market. This webinar provides insights of what developing-country governments can do to foster ESCO markets. The examples, recommendations and discussion are based on lessons learned from international ESCO market…
- Publication 10 December 2024 A pre-payment model for Internationally Transferred Mitigation Outcomes under article 6 of the Paris agreement Since the establishment of the first global agreement to limit greenhouse gas emissions – the Kyoto Protocol – the idea of trading in emissions units, or emissions reduction, has been an essential part of the architecture, motivated by calculations showing that costs of emissions mitigation vary widely among countries. So why not exploit the more cost-efficient mitigation options first if the intended effect on the atmosphere is the same? With the idea of emissions trading under the Kyoto…
- 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…
- Project 27 November 2024 NDC Partnership - Improving Private Sector Investment for Climate Action in Belize Belize requested support through the NDC Partnership for Improving Private Sector Investment for Climate Action in Belize. UNEP Copenhagen Climate Centre (UNEP CCC) responded to the request and has been selected to provide the requested support through the NDC Partnership Action Fund. The report consolidates relevant information on the scope, ambition, priorities, opportunities and challenges related to private sector investments in climate action in Belize. It offers pragmatic strategies to…
- 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…