What Does the EU’s First BTR Say About Its Climate Action?

The EU’s first biennial transparency report shows an emission reduction of 31.8% relative to 1990.The EU is currently not on track to meet its Nationally Determined Contribution (NDC) target, although the impact of recently adopted policies has yet to be determined.The EU doubled its contribution to climate finance between 2014 and 202, but concerns about its reporting methodology could have potentially led to overestimations.

BTRs: The Link Between Climate Goals And Accountability

Biennial Transparency Reports (BTRs) are an essential tool to enhance transparency and trust between Parties to the UN Framework Convention on Climate Change (UNFCCC). They are submitted every two years, with the first ones having been submitted at the end of 2024.BTRs have four main components: greenhouse gas inventory, information to track progress, adaptation and support.BTRs are subject to expert reviews and discussions amo

2024 Bilateral Offsets: Is The First Paris Agreement Carbon Credit Trading Meaningful?

Carbon credit trading includes limiting emissions, carbon taxes, and trading schemes [1]. Paris Agreement's Article 6 enables voluntary cooperation for emission reduction targets [5][6]. Swiss-Thailand carbon transaction faces greenwashing critiques and oversight concerns [7][8][9].

PRE COP27 ANALYSIS: The water crisis and the Conference of the Parties (COP)

Extreme events such as droughts and floods, and their related consequences, are exacerbated by climate change. Discussing water at the COP is paramount given the ongoing climate-related water crisis. There is hope for the parties at COP27 to discuss the implementation of the NDCs, the transfer of technologies to the developing countries, and the transboundary water resources management.