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Countries urged to make progress as ‘untransparent, unpredictable and chaotic’ talks in danger of collapse

• Cop27 live – latest news updates

Crucial climate talks are in disarray after a feverish night of “chaos”, hurried meetings and disinformation, with a stark warning that the vital goal of limiting global heating to 1.5C was in danger of being lost.

Sameh Shoukry, the Egyptian foreign minister who is president of the Cop27 UN climate summit in Sharm el-Sheikh, called on countries to make progress as the talks ran on well into Saturday afternoon, nearly a day after their scheduled close on Friday evening, with no end in sight.

Countries rowing back on the global goal of limiting temperature rises to 1.5C above pre-industrial levels, agreed at last year’s Cop26 summit in Glasgow.

Text that abandoned the key commitment for countries to improve their national plans on emissions cuts each year, also agreed in Glasgow.

“Highly unusual” conduct of the negotiations by the Egyptian hosts, which meant countries were not jointly consulted on draft text that involved changes to key decisions.

“Disinformation” when a key document was doctored and disseminated so as to appear to come from several countries that were not involved in it.

An atmosphere of chaos and suspicion, in which some countries were accused of putting pressure on poorer and more vulnerable nations to act against their own best interests.

A blame game in which countries were preparing to blame any collapse on rivals.

Delegations phoning their capitals for fresh instructions on how to proceed.

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Papua New Guinea has become the 25th country to agree to a bilateral framework with Japan for developing projects that will generate Paris-aligned carbon credits.

Independent scientists raise concerns about apparent industry influence and distortions of the science in WHO guidelines

More than 110 scientists and regulators worldwide are raising a public alarm over what they label “weak” PFAS drinking water limits proposed by the World Health Organization, which they charge used shoddy science and “arbitrarily” dismissed hundreds of studies linking the “forever chemicals” to serious health problems.

Some further alleged the process of developing the guidelines was corrupted by industry-aligned consultants aiming to undercut strict new PFAS limits proposed in the US, and weaken standards in the developing world. The chemicals have been called “forever chemicals” due to their longevity in the environment.

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After two weeks of negotiations, talks have been extended with countries unable to reach agreement on Friday

The main sticking point of Cop27 has been over the creation of a loss and damage fund – finance provided by rich nations to poorer ones to help them prepare for and recover from the worst impacts of climate breakdown.

Some, especially in the rightwing press, have framed this as “reparations”, a highly loaded term. It’s also misleading, as under article 8 of the Paris climate agreement it is explicitly made clear that loss and damage “does not involve or provide a basis for any liability or compensation.”

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It’s Saturday - overtime - of week two at COP27 in Sharm el-Sheikh, and Carbon Pulse rounds up some of today's developments and announcements from the summit. Timestamps in local time (EEST, GMT+2).

Kingdom’s Cop27 announcement of new storage hub part of pattern of delaying fossil fuel transition, experts say

Saudi Arabia is bolstering years of negotiation tactics designed to stymie vital climate negotiations with a focus on carbon capture technologies that experts say risk delaying a meaningful transition from fossil fuels.

The kingdom, which is the world’s largest oil producer, accounting for roughly 15% of global output, announced plans at Cop27 in Egypt for what it labelled the “circular carbon economy”, in partnership with the national oil company, Aramco, which recently reported $42.4bn in profit.

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A daily summary of our news plus bite-sized updates from around the world.

Country negotiators striving to find consensus on key documents relating to carbon markets under Article 6 of the Paris Agreement are divided by the near-final texts as the end of COP27 approaches, multiple sources said, with moves to postpone work until 2023 looking increasingly likely.

Gasoline sales in California for August rose to the highest levels since May last year, while diesel consumption picked up from last month’s decline, according to state data released Friday.

Compliance entities reversed course from last week, adding to their California Carbon Allowance (CCA) position amid continued spread trading ahead of the WCI Q4 auction, while financials continued to shorten their CCA position and add to their RGGI length, according to US Commodity Futures Trading Commission (CFTC) data published Friday.

Australia’s climate change minister backs proposed loss and damage fund but says 1.5C target is crucial to limiting the bill

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As the Cop27 climate summit in Egypt extends into overtime, Chris Bowen has called for the “strongest possible action” to limit global heating to 1.5C and backed the establishment of a fund to help the poor deal with unavoidable damage from worsening extreme weather.

In an interview with the Guardian, the Australian climate change minister said the conference in Sharm el-Sheikh had faced a push from some countries to water down the Glasgow pact last year, and that he had fought alongside others to ensure that deal was “reaffirmed and built on”, not undone.

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The existing VER surplus is likely to continue growing for most of this decade as baseline demand for voluntary carbon offsets remains low and proposed integrity standards do little to realign supply, analysts said Friday.

A forest carbon offset project in northern Brazil is selling 250,000 carbon credits that were registered, issued, and verified through affiliated companies.

Position based in Madrid, Spain. Fluent English. We are hiring a Senior VCM (Voluntary Carbon Market) analyst. You’ll join a highly experienced, motivated, and growing team and help lead them to greater impact.

Lockdowns were their equivalent of me being forced go out every day for months

I appreciate that I am about to hang my dirty – or at least selfish and unreflective – washing out here for all to see but … I’ve only just started to appreciate how terrible the pandemic and lockdowns must have been for extroverts.

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EU agrees to loss and damage fund to help poor countries and activists interrupting proceedings lose their passes

The biggest news of the day broke in the morning, with the announcement that the EU would now agree to a loss and damage fund to help poor countries amid climate disasters.

The climate summit will now run to Saturday, according to AFP. This is not really a surprise to anyone.

Youth activists staged a Friday climate strike to mark the last formal day of negotiations. Meanwhile during the talks, Nakeeyat Dramani, a 10-year-old Ghanaian climate activist. asked delegates to ‘have a heart’.

But elsewhere the activists who interrupted US president Joe Biden lost their summit passes, as did the Ukrainian protester who spoke out at a Russian press conference, it has emerged.

A surprisingly large number of gas deals were struck at the Egyptian summit, it has now emerged, with more than a dozen being set up while talks were ongoing.

And Desmog crunched the numbers and found that representatives from big agriculture have more than doubled at Cop27 this year.

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Media briefings, protests and plenary sessions at the Cop27 UN climate summit in Sharm el-Sheikh, Egypt

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Last-ditch plan for providing cash to countries suffering climate-related disaster brought overtime wrangling

• Cop27 live – latest news updates

Crucial climate talks have dragged on past their deadline with no end in sight, as governments wrangle over how to pay for the rebuilding of poor countries ravaged by climate breakdown.

There was turmoil in the negotiating halls of the Cop27 UN summit in Egypt. Delegates rushed from room to room as countries scrambled to decide their response to a last-ditch proposal from the European Union that would establish a new fund providing cash for countries suffering climate-related disaster, known as loss and damage.

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Climate action group believes US is blocking progress on global heating by rejecting payments to poorer countries

The US has been named the “colossal fossil” of the Cop27 climate talks by campaigners who criticised the country for its intransigence in providing support to developing countries hit hardest by the climate crisis.

The “award”, unveiled at a ceremony featuring a person dressed as a dinosaur, is an annual event staged by Climate Action Network International to shame the countries deemed to be blocking climate progress.

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Urban nature-based solutions (NBS) may fail to spark the passions of saving a rainforest but they still deliver high economic and social benefits, a study of European cities has found.