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President Bola Tinubu of Nigeria outlined plans to accelerate the country's carbon market with the launch of a draft plan for the new committee to include an emissions trading scheme, carbon registry, and a framework for the development of carbon credits for the voluntary carbon market at COP28 in Dubai, amid several months of stalled agreements regarding a national strategy.

Thousands of activists to attend conference in UAE which has a poor record for demonstrations

Cop28 organisers and the UN body that oversees the annual climate conference have failed to clarify whether activists who travel to Dubai are safe to demonstrate outside the conference area, putting civil society at risk in a country where protest is normally prohibited.

At least 70,000 people are registered to attend the conference, including thousands of activists and members of civil society, who normally hold protests around the conference area.

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Al Gore emphasised the importance of Saturday's methane pledge by almost 50 oil and gas companies to work towards near zero methane emissions, while highlighting glaring gaps in the announcement due to the absence of some of the world’s highest emitting companies and countries, during a plenary session at COP28.

India’s green credit scheme may fail to deliver on its intended purpose unless the federal government strongly pushes the private sector into the units, a climate veteran told Carbon Pulse on the sidelines of COP28 in Dubai.

Brazil and the Democratic Republic of Congo (DRC) are likely to host pilot projects generating REDD+ credits under a new standard, established by three voluntary forest carbon stakeholders, as early as 2024, as ministers and Indigenous Peoples from the two countries pledged their support at COP28 on Sunday.

Tolkien’s hostility to rampant industrialisation should chime with nations represented in Dubai

• Cop28 live – latest updates

Back in the 1960s, no self-respecting hippy would be seen dead without a well-thumbed copy of the Lord of the Rings. Along with a copy of Sgt Pepper and the Tibetan Book of the Dead, it came to epitomise the counterculture.

Times change. Tolkien’s most prominent fan at present is Giorgia Meloni, the most rightwing prime minister Italy has had since the second world war. That has set alarm bells clanging.

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The Energy Transition Accelerator (ETA), a coalition of carbon credit buyers and sellers, will launch next year to provide revenue to support developing countries on their road to a clean energy transition, as an accompanying core framework and initial pilot countries were also announced at COP28 Sunday.

Exclusive: UAE’s Sultan Al Jaber says phase-out of coal, oil and gas would take world ‘back into caves’

• Cop28 live – latest updates

The president of Cop28, Sultan Al Jaber, has claimed there is “no science” indicating that a phase-out of fossil fuels is needed to restrict global heating to 1.5C, the Guardian and the Centre for Climate Reporting can reveal.

Al Jaber also said a phase-out of fossil fuels would not allow sustainable development “unless you want to take the world back into caves”.

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Norway and Morocco have signed a Memorandum of Understanding (MoU) to cooperate on Article 6 of the Paris Agreement, they announced on Saturday at the UN climate conference COP28 in Dubai, making it the third such agreement Norway has signed in the past few weeks.

A climate investment platform launched a whitepaper at COP28 to address what it has described as "common misconceptions" around the voluntary carbon market (VCM), proposing steps to help it scale and address the "headwinds" it currently faces.

The world leaders’ summit is over, and the negotiators take centre stage. Sunday’s official themes are health, relief, recovery and peace

The British prime minister, Rishi Sunak, has been facing criticism at home for the brevity of his visit to the climate conference, having visited for less than a day. He has also been accused of hypocrisy for pushing for a phase-out of fossil fuels only weeks after approving new oil and gas licences in the North Sea.

Al Gore, the former US vice-president, said: “I am not impressed with prime minister Sunak’s climate policies. I think they’re terrible. They’re very disappointing.”

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Rwanda has launched a 56-page carbon market framework at COP28, which focuses on establishing readiness for crediting and international trade under Article 6 of the Paris Agreement, also announcing two bilateral agreements with Asian countries.

It's Day 4 of COP28 and the focus begins to move away from world leaders, after a busy few days filled with international pledges, towards the nitty gritty of negotiations in Dubai. The devil, as they say, will be in the details in terms of progress on the global stocktake, as well as on carbon markets. Oh, and today is the first ever Health Day at a UNFCCC COP.  In our daily running blog, Carbon Pulse will report relevant or useful updates throughout the day. Timestamps are in local time (Gulf Standard Time, GMT+4).

Singapore has signed a Memorandum of Understanding (MoU) with Rwanda at COP28 in Dubai, as the Southeast Asian country continues seeking international partnerships leveraging the Article 6.2 bilateral approaches of the Paris Agreement.

The death of a fan at a Taylor Swift concert in Rio during throws up challenges for tour promoters.

Partners and backers of the Blue Mediterranean Partnership on Saturday announced €9.5 million in new funding for the initiative, with additional funding expected to materialise over the next few months as efforts are geared up to support the marine biodiversity hotspot.

A new initiative has launched on sidelines of COP28 in Dubai that will seek to combine Indigenous knowledge and mapping technology to help governments in their efforts to protect 30% of their terrestrial and marine areas by 2030.

Philanthropic funding will be needed to address capacity gaps in low- and middle-income countries and facilitate high-integrity carbon markets, according to a report released Sunday.

The Caribbean island of Dominica has signed a Memorandum of Understanding (MoU) with UAE-based carbon credit project developer and buyer Blue Carbon at COP28 in Dubai, focusing on mitigation and carbon removal initiatives across several sectors.

W.A. government to spend $220 million to ensure failed coal mine stays open long enough to build replacement wind, solar and battery storage capacity.

The post W.A. to spend $220 million to keep failed coal mine on line till 2026 appeared first on RenewEconomy.