IETA

𝗟𝗔𝗨𝗡𝗖𝗛𝗜𝗡𝗚 𝗧𝗢𝗗𝗔𝗬! 𝗜𝗘𝗧𝗔'𝘀 𝗖𝗢𝗣𝟮𝟵 𝗣𝗿𝗶𝗼𝗿𝗶𝘁𝗶𝗲𝘀 𝗮𝗻𝗱 𝗶𝘁𝘀 𝗮𝗻𝗻𝘂𝗮𝗹 𝗽𝗿𝗲-𝗖𝗢𝗣 𝗕𝗿𝗶𝗲𝗳𝗶𝗻𝗴 𝘄𝗲𝗯𝗶𝗻𝗮𝗿... ➡ COP29 Priorities: IETA has launched its COP29 Priorities, focusing on collaborative efforts to address pressing climate issues and drive impactful solutions. Read the full report and access IETA's COP29 Hub: https://lnkd.in/e4grm3Hg ➡ IETA will also host its annual Pre-COP Briefing Webinar TODAY - 3pm CET. Speakers include: - Sophie Talarico, International Chamber of Commerce (moderator) - Andrew Wilson, Deputy Secretary General – Policy, International Chamber of Commerce - Andrea Bonzanni, Director International Policy, IETA - Martin Hession, Lead Article 6 negotiator, European Union & Vice-Chair of Article 6.4 Supervisory Body - KAZUHISA KOAKUTSU, Negotiator Article 6, Japan & Director of the Paris Agreement Article 6 Implementation Partnership Center - Federico Di Credico, Interim CEO, Climate Action Data Trust ➡ Register for the webinar here: https://lnkd.in/eNjzhPEn #COP29 #Baku #ClimateAction #Article6 #ParisAgreement #Launch #Webinar

🌍 IETA is in the midst of a dynamic 2-day carbon markets forum in South Africa, bringing together a wide range of stakeholders to discuss how we can strengthen markets in the region. The dialogue will delve into critical topics, including Article 6 frameworks and the Carbon Border Adjustment Mechanism (CBAM), while also addressing the opportunities and challenges faced across South Africa and within voluntary markets. To ensure the carbon market's growth and effectiveness, it's crucial for this forum to drive regulatory change, foster government collaboration, and capitalise on emerging opportunities. By tackling these challenges, South Africa can position itself as a leader in carbon finance, driving sustainable development and building climate resilience. #IETA #CarbonMarkets #SouthAfrica #Sustainability #ClimateResilience #Article6 #CBAM #VCM

Many of you know that a big part of my job at IETA is to watch the Article 6 negotiations, so you do not have to. Having been to Baku earlier this month and observed the UNFCCC workshop and the Article 6.4 Supervisory Body meeting, I am moderately optimistic about a positive outcome at COP29 next month. Negotiations achieved a significant milestone on 9 October when the Article 6.4 Supervisory Body (SBM) reached consensus on key documents setting principles for methodologies and carbon removal activities under the Paris Agreement Crediting Mechanism (PACM), which had been on the agenda since 2022. By turning these documents from recommendations into standards, Parties at COP29 will need to find consensus to reject them, rather than to adopt them. This should allow the work on the operationalisation of the PACM to continue without further hiccups. More deliberations are required on various technical tools (e.g. baseline setting, additionality tests, dealing with reversals), but we can now expect the first methodologies to be approved under the mechanism in 2025. A Methodological Expert Panel is at work on the revision of CDM methodologies on landfill gas and grid-connected renewables, so I assume these will be at the front of the queue. Other outstanding issues are rules on authorisation (including revocation), the 6.2 international registry, reporting templates, and details of the UN expert review process. When Parties met in Baku earlier this month, the mood was positive. Technical negotiators seem to be under renewed pressure to deliver a positive outcome after the setback at COP28 and matters are being escalated - heads of delegation have already met several times this year and ministers are expected to get involved in week 2 at COP29, with Ms Grace Fu from Singapore and Hon. Simon Watts from New Zealand appointed to lead the ministerial talks. Some deep-seated disagreements remain, especially on the nature and functionality of the 6.2 international registry. There have been some heated exchanges among negotiators in Baku on this topic, but I believe a compromise is ripening. At IETA, we tried to explain the nature of these technical issues and our views on each subject in a series of policy briefs, which you can find here: https://lnkd.in/dyaNfYYe If you want to know more, tune in for our COP29 preview webinar organised in partnership with the International Chamber of Commerce (ICC) tomorrow Thursday 31 October at 3.00-4.30pm CET. You will hear directly from senior negotiators such as Martin Hession (EU), Mbaye Diagne (African Group), KAZUHISA KOAKUTSU (Japan), Maria AlJishi (Saudi Arabia), and Samir Bejanov (COP29 Azerbaijan Presidency), as well as my CEO Dirk Forrister, Federico Di Credico (ACT Group & Climate Action Data Trust), Andrew Wilson and Sophie Talarico (ICC). You can register here: https://lnkd.in/dCxGWSwW

🌏 Hot on the heels of #IETA’s Asia Climate Summit last week, our President and CEO, Dirk Forrister, headed to Hong Kong this week to continue the discussions about carbon markets in Asia. ➡ On Monday, Dirk addressed the AmCham HK sharing insights on the growing compliance markets in the region and highlighting emerging markets. He also covered key topics including CBAM and the state of the voluntary carbon market, emphasising how Hong Kong’s role as a financial centre and trade hub could bolster carbon markets. ➡ On Tuesday, Dirk and the team from IETA convened members of the Hong Kong Government to explore the region's role in Article 6, CBAM, the development of China's ETS, CCER market and much more. ➡ Concluding the trip, Dirk moderated on a panel at the ASIFMA Sustainable Finance Conference looking at the role of exchanges and the progress of sustainable finance in China, India and Hong Kong. As we wrap up this visit, we remain committed to advancing carbon markets in Asia and look forward to continued discussions across the region. Many thanks to Ken Chiu and Hendrik Rosenthal for supporting IETA's engagements in Hong Kong. #CarbonMarkets #CarbonPricing #ACS2024 #Article6 #COP29 #HongKong #VCM #CBAM Nadine Lim Hendrik Rosenthal Dr. Harish K Ahuja , Head NSE Paul Chow Pei Huiqi Chris Leeds

That’s IETA signing off from another busy week of events! 🌟👏 Not only did we host our IETA Asia Climate Summit in partnership with FICCI in New Delhi, India, but we were also at #CarbonUnbound in California, US and #COP16 in Cali, Colombia! ➡️ #ACS2024 – IETA, in partnership with FICCI, hosted the final IETA Climate Summit of the year in New Delhi, India. The diverse representation of business and government highlighted the region's commitment to carbon markets, and explored the developments in markets across different nations. Looking ahead to COP29 in Baku, participants discussed advancements on Article 6 as well as innovations in carbon removal, which provided invaluable insights. Sessions on the impacts of the EU’s Carbon Border Adjustment Mechanism also offered essential knowledge for navigating this evolving landscape, and discussions on the VCM were aplenty. ➡️ Carbon Unbound – Katie Sullivan, IETA Managing Director, chaired a session on Net-Zero Through CDR: Demand, Supply, and the Role of the VCM. This deliberated the question ‘As corporate and government net zero commitments draw near, more investment and demand for CDR solutions – across both nature and technology – are set to grow. How is the Voluntary Carbon Market (VCM) evolving to meet the net zero challenge?’ The two-day conference welcomed 400 CDR experts to channel their views towards the goal of ‘One Gigaton of Carbon Removed from Earth's Atmosphere’. ➡️ COP16 – IETA is attending #COP16 in Cali, Colombia, with Camilo Trujillo Sarmiento representing the team on the ground until 1 November. This is IETA's first time taking part in a biodiversity COP and, so far, it's been a truly fantastic event. IETA is thrilled to be part of the discussion on the critical role of biodiversity in carbon markets 🌱   📣 COMING UP! Next, we’re looking forward to #COP29 in Baku. Join our pre-COP briefing webinar with ICC on Thursday 31 October where we will be joined by speakers including: - Sophie Talarico, International Chamber of Commerce (moderator) - Dirk Forrister, President and CEO, IETA - Andrew Wilson, Deputy Secretary General – Policy, International Chamber of Commerce - Andrea Bonzanni, Director International Policy, IETA - Martin Hession, Lead Article 6 negotiator, European Union & Vice-Chair of Article 6.4 Supervisory Body - KAZUHISA KOAKUTSU, Negotiator Article 6, Japan & Director of the Paris Agreement Article 6 Implementation Partnership Center - Federico Di Credico, Interim CEO, Climate Action Data Trust 💻 Please register to attend the briefing https://lnkd.in/eMx82kTr It’s essential now, more than ever, to adeptly navigate the intersections of climate action, innovation, and biodiversity. By sharing insights, drawing lessons from diverse stakeholders, and cultivating partnerships, we can promote the effectiveness of carbon markets. #CarbonMarkets #ClimateAction #VCM #CBAM #ParisAgreement #Article6 #MakingNetZeroPossible #MarketsWork #GlobalCollaboration

🌏 The day is not finished yet at #ACS2024 🌐 14:40-15:40 Breakout 7 – Potential of Digital Infrastructure: Creating Liquid and Transparent Markets Moderator: Andrés Correa - EcoRegistry Speakers: Svenja Telle - Denominator, Nadine Planzer - SustainCERT, Jack Chong - S&P Global & Gemma Torras i Vives - The World Bank 14:40-15:40 Breakout 8 – Japan and the Joint Crediting Mechanism (#JCM): Fostering Linkages Across Asia-Pacific and Beyond Moderator: Takashi Hongo - Mitsui & Co., Ltd. Speakers: Norihiro Kimura - METI Japan, Manabu Kido - Sumitomo Corporation, Deeksha Vats - Aditya Birla Group & Axel Michaelowa - Perspectives Climate Group 16:00-17:00 Plenary 9 – Financing Net-Zero: Mobilizing the Private Sector in Delivering the New Finance Goal Moderator: Dirk Forrister - IETA Speakers: Abhishek Acharya - Ministry of Environment Forest and Climate Change, Government of India, Tom Kerr - The World Bank, Apurba Mitra - KPMG India, Shinichiro IMAHORI - Japan Bank for International Cooperation & Tripurari Prasad - Climate Asset Management #CarbonMarkets #ClimateChange #EnergyTransition #ClimateFinance #Sustainability Juan David Duran Hernandez - EcoRegistry

🇨🇴 Exciting news! IETA is at COP16 in Cali, Colombia this week, marking our first participation in a biodiversity COP. We are thrilled to be part of these important discussions as we explore the critical role of biodiversity in carbon markets. 🌱🌎   As we navigate the intersections of climate action and biodiversity, we look forward to sharing insights, learning from diverse stakeholders, and fostering collaborations that promote sustainable practices. Together, we can drive meaningful change and emphasise the synergy between carbon markets and the preservation of our natural ecosystems. 👉 Let’s connect and discuss how we can work together for a more sustainable future. If you're there, reach out to Camilo Trujillo Sarmiento! #CarbonMarkets #BiodiversityCOP #BiodiversityMarkets #Colombia #IETA

Join us NOW for Side Event 12 about "Holding Mitigating #CBAM and #ESG Risk: Impacts and Solutions for SMEs" organised by YC Holdings.   Moderator: Robert Shih - YC Holdings Presenter: Yu Shun Cheng - YC Holding Speakers: Alistair Ritchie - Asia Society Policy Institute, Takashi Hongo - Mitsui & Co., Ltd., Vaibhav Chaturvedi - Council on Energy, Environment and Water (CEEW) & Avinash Kumar - Earthood

TWO HOURS TO GO until Side Event 11 about "National Environmental Exchanges in Emerging Markets: ACX’s Approach" organised by ACX (AirCarbon Exchange) Presenter: Xavier Pye - ACX (AirCarbon Exchange) Vishwajit Dahanukar - ACX (AirCarbon Exchange) #CarbonMarkets #ClimateChange #EnergyTransition #ClimateFinance #Sustainability

What's going on tomorrow morning at #ACS2024? ▶ 10:00-11:00 Plenary 8 – Driving the Green Transition Through High-Integrity Voluntary Carbon Markets (#VCM) Across Asia Pacific Moderator: Ritika Tewari - South Pole Speakers: Amy Merrill - The Integrity Council for the Voluntary Carbon Market (ICVCM), Madhur Jain - Varaha, Agamoni Ghosh - S&P Global, Suhas Joshi - Bayer & Sandeep Roy Choudhury - VNV Advisory Services 🔺 11:30-12:30 Breakout 5 - The Impact of EU’s Carbon Border Adjustment Mechanism (#CBAM) on Asia Moderator: Leon Heckmann - International Carbon Action Partnership (ICAP) Key Address: Renato Roldao - European Commission Speakers: Alfredo Nicastro - StoneX Group Inc., Robert Shih - YC HOLDINGS LIMITED, Nguyen Minh Thang - Ministry of Industry and Trade of Vietnam & Huw Slater - ClientEarth Beijing 🔸 11:30-12:30 Breakout 6 - Financing Natural Climate Solutions (NCS) and REDD+ in Southeast Asia Moderator: Malavika Prasanna - Sylvera Speakers: Vikash Sinha - ReNew, Carlos Trujillo Echeverri - Cercarbono, Agus Sari - Landscape Indonesia & Nainika Singh - Conservation International #CarbonMarkets #ClimateChange #EnergyTransition #ClimateFinance #Sustainability