How can we ensure a sustainable transition in the Global South when 10 countries from the Global North are responsible for half of all historical CO₂ emissions? On July 23rd, the International Court of Justice issued a historic advisory opinion, establishing that states have a legal obligation to reduce greenhouse gas emissions and to protect the climate system. In its statement, the Court emphasized that countries of the Global North bear particular responsibility for global emissions and therefore carry additional obligations. This landmark opinion paves the way for greater justice and equity in how the fight against climate change is addressed. Beyond merely acknowledging the responsibility of these nations for climate change and global inequalities, it’s crucial to go further: to finance and support the transition of the Global South, while recognizing the unique regional realities and challenges. This topic is explored in depth in a dedicated section of our Earth Action Report, produced in collaboration with KPMG France and enriched by the insights of dozens of contributors working on the frontlines of the climate and social transition, including Thomas W. Crowther, Gary White, Patricia Espinosa Cantellano. 📘 Dive deeper into the key learnings and perspectives. Download the report here! > https://lnkd.in/eVe9vgdE
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Real Change for Climate and Nature is in All Our Best Interest The Climate and Nature Bill is a powerful institutional framework that creates a self-reinforcing feedback loop between deliberative democracy and purposeful investment. It's not just a set of environmental targets, but a new process for policy-making. The bill’s key provision for a Citizens' Assembly, composed of a randomly selected, representative cross-section of society, would provide a legitimate and publicly-backed way to make difficult policy decisions. This process transforms abstract climate goals into concrete, politically resilient policy. By providing regulatory certainty, this new framework would create clear and predictable market signals for investors. It would compel traditional investors to manage new "transition risks" by shifting capital away from carbon-intensive assets and towards sustainable ones. Concurrently, it would make ventures in clean energy and other green sectors more financially viable, thereby creating powerful opportunities for impact investing. In essence, the bill acts as a catalyst that aligns traditional, financial-goal-oriented investment with ethical, purpose-driven investment, proving that what is good for the planet is also a sound financial decision. It's a truly synergistic approach that links public will, effective policy, and private capital to drive a green transition. #PracticalActs
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Carbon removal has entered the scale-up phase—that was the clear takeaway from Climate Week NYC. In the past year, we’ve seen the first credit issuances for Enhanced Weathering, Ocean Alkalinity Enhancement, and Wastewater Alkalinity Enhancement, alongside record offtake agreements across pathways. The urgency is undeniable. With global temperatures already beyond 1.5°C, the old debates—nature versus technology, removals versus reductions—have given way to pragmatism. The market has adopted a “yes, and” mindset, where every type of high-integrity solution is needed. The growing trend to regulate carbon removal shows how government-led demand can shape the future of carbon markets, despite political headwinds in the US—a central theme of our panel on Tuesday with ClearPath’s Savita Bowman, Planetary’s Mike Kelland, and RBC’s Brian Hong. International cooperation is also starting to have an impact. Article 6.2 has moved from theory to real-world transactions, and groups of like-minded countries—such as the Coalition to Grow Carbon Markets—are teaming up to drive more climate action. The message from this Climate Week was clear: solid foundations for carbon removal have been built. The task now is to deliver at scale.
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Elina Bardram, director for climate resilience and information management, Directorate-General for Climate Action, European Commission, at the Economist Impact's Ninth Sustainability Summit for SE Europe & the Mediterranean #EconSustainability
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On September 26, 2025, BRICS nations released a joint media statement with strong signals on climate action and finance, especially critical in the lead-up to COP30 in Belém. Key takeaways from our latest blog: • The statement reinforces equity principles like Common But Differentiated Responsibilities and Respective Capabilities (CBDR-RC), and calls on developed countries to follow through on climate finance, technology transfer, and capacity building. • Emphasis on just transitions: climate action must not undermine poverty reduction, jobs, or growth in developing countries. • A shift toward integrated climate finance, linking concessional finance, tech transfer, capacity building, and scaling up South–South cooperation. • Support for the Tropical Forest Forever Facility, set to launch at COP30, signaling BRICS’ push to tie climate and biodiversity finance more closely. • The statement broadens the lens: developed nations are urged to provide predictable, accessible finance for biodiversity conservation and equitable benefit sharing. This move by BRICS matters. At a time when trust in climate finance pledges is low, calling out the “delivery gap” is necessary. The bloc’s focus on finance, equity, and innovation raises critical questions for the global climate agenda. 🔗 Read the full breakdown and analysis in my blog post: https://lnkd.in/gRRYSz8R
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Great comment article by Andrew Macintosh et al, but I disagree with the headline: I don't read the article as saying *carbon credits* are failing, but rather that using carbon credits to *offset* emissions is failing. The article's last paragraph (which you can't read in the link being shared across LinkedIn....including in this post below) concludes by saying: "Given the urgent need to preserve the Earth’s natural carbon sinks and biodiversity, carbon credits could help by mobilizing private finance through voluntary programmes. However, an approach is needed that prioritizes at-source mitigation actions and reframes the claims associated with credits as ‘contributions’ to solutions, rather than ‘compensation’ for emissions. This would push firms and industries to focus on decarbonizing their own operations and investing in the structural changes necessary to phase out fossil-fuel dependence. Credits from carbon and biodiversity projects could then be purchased to contribute to the protection and restoration of natural sinks, as a complement to — not a substitute for — firms’ core decarbonization efforts." In other words, the thing that is failing is the *compensation claim* being made when using carbon credits to offset emissions. Not the carbon credits themselves per se. The alternative is to make a *contribution claim* when retiring carbon credits. #integritynotoffsets #climatecontributions
Carbon credits are failing to help with climate change. In this comment, just published by us in Nature Magazine, Andrew Macintosh, Johan Rockstrom and colleagues argue that while carbon offsetting sounds simple on paper, it cannot work in practice. Mitigating climate change requires ending the burning of fossil fuels. Offsets distract from this crucial task. They call on policymakers to act on scientific evidence by either excluding or phasing out offsets from carbon-pricing schemes and other climate policy processes. They propose instead to set progressively rising price caps that require facilities to pay a prescribed amount to government when they are unable to meet mandatory emissions-reduction obligations. They argue that this approach enhances transparency, sends a stronger signal for industrial transformation, and generates revenue for public programmes serving societal and climate goals, including legitimate carbon-abatement activities. https://lnkd.in/eJnAmn5n Johan Rockström PIK - Potsdam Institute for Climate Impact Research Nature Portfolio The Australian National University
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A clear message to policy makers of EU member states, the European Commission, and beyond. Base yourselves on scientific evidence and exclude or phase out carbon offsets from carbon-pricing schemes and other climate policy processes. As an alternative, set progressively rising price caps to be payed to governments when facilities are not meeting mandatory emissions-reduction schemes. It is argued that this will enhance transparency, send a stronger signal for industrial transformation and generate revenues for public programmes for climate adaptation and mitigation. The international/global implementation of this approach will however require much attention and scrutiny in order not to harm competitiveness of companies on a global market.
Carbon credits are failing to help with climate change. In this comment, just published by us in Nature Magazine, Andrew Macintosh, Johan Rockstrom and colleagues argue that while carbon offsetting sounds simple on paper, it cannot work in practice. Mitigating climate change requires ending the burning of fossil fuels. Offsets distract from this crucial task. They call on policymakers to act on scientific evidence by either excluding or phasing out offsets from carbon-pricing schemes and other climate policy processes. They propose instead to set progressively rising price caps that require facilities to pay a prescribed amount to government when they are unable to meet mandatory emissions-reduction obligations. They argue that this approach enhances transparency, sends a stronger signal for industrial transformation, and generates revenue for public programmes serving societal and climate goals, including legitimate carbon-abatement activities. https://lnkd.in/eJnAmn5n Johan Rockström PIK - Potsdam Institute for Climate Impact Research Nature Portfolio The Australian National University
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"Given the urgent need to preserve the Earth’s natural carbon sinks and biodiversity, carbon credits could help by mobilizing private finance through voluntary programmes. However, an approach is needed that prioritizes at-source mitigation actions and reframes the claims associated with credits as ‘contributions’ to solutions, rather than ‘compensation’ for emissions. This would push firms and industries to focus on decarbonizing their own operations and investing in the structural changes necessary to phase out fossil-fuel dependence. Credits from carbon and biodiversity projects could then be purchased to contribute to the protection and restoration of natural sinks, as a complement to — not a substitute for — firms’ core decarbonization efforts." - Nature Magazine https://lnkd.in/gjagevvw
Carbon credits are failing to help with climate change. In this comment, just published by us in Nature Magazine, Andrew Macintosh, Johan Rockstrom and colleagues argue that while carbon offsetting sounds simple on paper, it cannot work in practice. Mitigating climate change requires ending the burning of fossil fuels. Offsets distract from this crucial task. They call on policymakers to act on scientific evidence by either excluding or phasing out offsets from carbon-pricing schemes and other climate policy processes. They propose instead to set progressively rising price caps that require facilities to pay a prescribed amount to government when they are unable to meet mandatory emissions-reduction obligations. They argue that this approach enhances transparency, sends a stronger signal for industrial transformation, and generates revenue for public programmes serving societal and climate goals, including legitimate carbon-abatement activities. https://lnkd.in/eJnAmn5n Johan Rockström PIK - Potsdam Institute for Climate Impact Research Nature Portfolio The Australian National University
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📢 Partnership AG Carbon Featured in Independent Evaluation of VCMI’s Access Strategies Program We’re proud to share that PAC’s work has been spotlighted in the newly released independent evaluation of the VCMI Access Strategies Program, which recognizes the program’s effectiveness in building capacity for high-integrity carbon markets. The report highlights PAC as a flagship ongoing project with strong early achievements and high potential for scale. It affirms that: - “The projects also demonstrated the value of partnerships to achieve project results that would not otherwise have been feasible, including with local actors and additional funders.” - “With additional support and partnerships, PAC presents a scalable model for reaching agricultural leaders in other regions and globally.” This recognition reflects the strength of PAC’s collaborative model—anchored in a ministerial mandate, regional partnerships, and our mission to empower agricultural leaders in Latin America and the Caribbean for a just climate transition. Access the full report by Arden Climate below ⬇️
High-integrity carbon markets can be a powerful tool for climate action, but many countries face barriers to access. Arden Climate recently partnered with the VCMI to evaluate its Access Strategies Program, which is helping governments and stakeholders in developing economies build carbon market readiness and unlock finance for national climate and development priorities. The report highlights the Program’s impact and recommendations to scale its success and mobilize inclusive, sustainable climate finance. ➡️ Find the report here: https://lnkd.in/dR7AF4K9. Report designed by Jenny Gan.
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The latest edition of the MSCI Research Round up is out! From #ClimateWeekNYC insights to the rise of sustainable finance in Asia-Pacific, our September MSCI Research Roundup explores the forces reshaping portfolios — with a sharp focus on physical climate risks, alongside decarbonization readiness, real-estate debt strategies, biodiversity, carbon markets and the mounting financial implications of climate change. Read the latest edition now -http://ms.spr.ly/6042sLZsk
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September placed the EU at the centre of global and regional climate debates. At the UN General Assembly, Ursula von der Leyen reaffirmed Europe’s climate neutrality goal, yet back in Brussels, ministers failed to agree on a 2035 emissions target, exposing divisions that will shape the October European Council. Meanwhile, the Commission’s decision to delay the EU Deforestation Regulation (EUDR) highlights the growing tension between ambition and implementation, as Brussels tries to balance climate goals with competitiveness and regulatory simplification. This month’s Publyon Sustainability Newsletter takes a closer look at how these dynamics are reshaping Europe’s green agenda, from shifting climate targets to new circular economy laws and environmental reforms that will define the months ahead. 📬 Read the full newsletter here 👉 https://lnkd.in/eQSVZHfn Subscribe for future editions 👉 https://lnkd.in/dhfk2mRh
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