Securing Article 6 Implementation as a High-Integrity Tool to Drive Climate Action Over Perfection
ALLCOT’s Expectations for COP29 by Sergi Cuadrat, Vice President of Climate Action. As the global community anticipates COP29 in Baku, Azerbaijan, from 11–22 November, expectations are high for decisive progress on climate finance, carbon markets, and enhanced commitments. As a…
ALLCOT attended IETA workshop on Carbon Market in Vietnam 2024
Vietnam at the Heart of the Global Carbon Market Transformation! The workshop “Capacity Building for Vietnamese Industry Stakeholders on the Implementation of the Emissions Trading System and Linkage to International Carbon Markets”, hosted by the Vietnam Chamber of Commerce and Industry…
Urgency in valuing carbon credits
Limiting global warming to 1.5 to 2°C necessitates reducing emissions significantly this decade, as highlighted by the Intergovernmental Panel on Climate Change (IPCC). This ambitious goal requires annual investments of at least $2.4 trillion in areas like public transport, renewable…
Insights from the Latin America Climate Summit (LACS) 2024
The IETA Latin America Climate Summit (LACS) 2024 recently concluded in Cartagena, drawing over 600 attendees, including representatives from Asia, the United States, Europe, and local indigenous communities. The event showcased Latin America’s dedication to climate action and transitioning to…
Carbon Market for Global Equity
Climate change presents an existential challenge to our planet, its ecosystems, and communities. At ALLCOT, we recognize that the steps we take today will shape the legacy we leave for future generations.
A concept of Fairness through market mechanism
By Alexis L. Leroy The concept of fairness in carbon markets, particularly under Articles 6.2 and 6.4 of the Paris Agreement, is both complex and crucial, especially for bridging the economic and social disparities between the Global North and the…
Harnessing technology for global climate action
With the world requiring 250 billion tons of carbon reduction by 2030 to limit global temperature rise to 1.5°C, technological innovation emerges as a pivotal enabler. The Paris Agreement acknowledges this imperative, emphasizing the importance of developing and transferring climate…
We need to learn how to talk about the Paris Agreement
The Paris Agreement often evokes perceptions of technicality or disinterest, prompting many to overlook the critical issue of climate change. Some individuals even experience eco-anxiety, a persistent apprehension stemming from the perceived irreversible consequences of environmental degradation. Conventional methods of…
Going slowly but surely in the fight against climate change
In the ongoing battle against climate change, there is a glimmer of hope, albeit with a slow but steady progress. The recent COP28 in Dubai, held in December 2023, fell short of expectations as developed countries hesitated to commit to…
Private Sector Advances in Carbon Trading: Global Developments under Article 6
In the emerging landscape of carbon trading under Article 6 of the Paris Agreement, private sector firms have initiated projects, yet many remain discreet due to ongoing UN negotiations and incomplete legal frameworks in several countries. At COP28 in Dubai,…