Paris Agreement

Kenya has introduced a 10 million metric ton carbon dioxide equivalent cap for international carbon credit sales to 2030, establishing a framework under the Paris Agreement’s Article 6 to safeguard its climate commitments. The new rules prioritize renewable energy, transportation, and waste projects while excluding forests and land-use initiatives temporarily, aiming to enhance investor confidence and ensure local benefits.

Kenya has introduced a 10 million metric ton cap on carbon credits authorized for international trade up to 2030 under new operational rules for Article 6 of the Paris Agreement.

A new report indicates that governments, including the United States, were aware of climate risks in the 1950s and 1960s but prioritized fossil-fueled growth. The report highlights that these governments ignored legal obligations to prevent climate harm for decades before the 2015 Paris Agreement.

Argentina's libertarian president Javier Milei, aligned with U.S. President Donald Trump, has implemented economic reforms but faces criticism for social costs and corruption scandals. His administration's alignment with U.S. policies includes withdrawing from the World Health Organization and threatening to leave the Paris Agreement, yet he remains unpopular domestically with 58% negative approval ratings.

The World Bank has approved $375.9 million to strengthen Pakistan's power transmission network through the Grid Stability Enhancement Project under the BEST-PAK program. The initiative aims to modernize the grid, reduce outages, integrate renewable energy, and align with Pakistan's 2030 renewable energy goals.

AustralianSuper, Australia’s largest super fund, removed Whitehaven Coal shares in 2020 as part of its net zero carbon emissions pledge but has since become the coalminer’s largest investor by 2026. The fund initially dumped the shares to align with the Paris agreement’s goals.

Over 260 researchers gathered in Milan to discuss scaling carbon dioxide removal (CDR) to meet the Paris Agreement's 1.5C target. Experts emphasized the need to increase CDR from 2.2GtCO2/year today to 8.8GtCO2 by 2050, highlighting uncertainties in technology effectiveness and policy challenges.

A new report highlights that carbon dioxide removal (CDR) technologies must be deployed faster than solar power to limit global warming to 1.5°C by 2100. Current global CDR plans fall short by over 5 billion tonnes of CO2 annually by 2050, requiring a fourfold increase to meet the target.

On April 22, 2016, the United Nations hosted a signing ceremony for the Paris Agreement, an international climate treaty, featuring Leonardo DiCaprio, an actor and environmental activist, as a speaker.