Plastics Ban Treaty Crossroads: Can INC-5 Deliver?
Posted inFeature

Plastics Ban Treaty Crossroads: Can INC-5 Deliver?

Policymakers are not holding back their feelings that, more than any other issue, the production of plastic has divided INC participants. Some argue that no government will attack the profitable hyper-consumption paradigm fueled by the pivot from petroleum as fuel to petroleum as a source for raw materials for plastic product manufacturing (plastics is the solid form of petroleum), and a lot of compromise will have to be made to come out with a treaty.
COP29 Agrees International Carbon Market Standards
Posted inGreen Finance

COP29 Agrees International Carbon Market Standards

The recent endorsement of global carbon market standards under Article 6.4 during COP29 in Baku marks a significant development in climate finance and carbon emissions trading, especially beneficial for developing countries like Kenya. This standard allows countries to trade carbon emission reductions, aiming to accelerate the implementation of climate action plans through financial support and accessible carbon markets.