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Where the world – and Switzerland – stands on carbon offsets after COP28

Switzerland has doubled down on its strategy to offset its emissions abroad. But after the latest round of UN climate talks, questions remain.

Where The World And Switzerland Stands On Carbon Offsets After COP28

Where the world – and Switzerland – stands on carbon offsets after COP28

Switzerland has doubled down on its strategy to offset its emissions abroad. But after the latest round of United Nations climate talks in Dubai, questions continue to swirl around the details and effectiveness of carbon markets. A look at where things stand. What is Article 6? And what s the fuss about? Within the 2015 Paris Agreement on climate change, Article 6 set a basis for regulating carbon offsets. It was meant to answer among others the following questions: how should offsets be governed? And when a company funds a project to offset its greenhouse gas emissions elsewhere, what are the rules to make sure it happens? The two main provisions, known as Article 6.2 and Article 6.4, address the way that inter-governmental agreements and voluntary carbon markets, respectively, compensate carbon emissions. Article 6.2 allows governments to trade emissions reductions with one another bilaterally or multilaterally. It requires such agreements to promote sustainable development and respe

War and warming planet put hunger at the heart of COP27

At a market in the Egyptian resort hosting COP27, residents are strained by rising food prices. Conference participants are grappling with a response.

Swiss pioneering carbon offsets on the stand at COP27

As countries such as Switzerland, sign more and more offsetting deals with poorer countries, these are proving to be controversial and complex.