With key developments taking shape in the global carbon credit trade just a few weeks from COP29, experts say consensus will be crucial to helping Asian nations achieve their national determined contributions.
The blended finance market is "maturing", with rising transaction volumes being driven by private sector investors, development finance institutions and multilateral development banks. But adaptation funding still lags mitigation, finds a new study.
The issue of obtaining free, prior and informed consent for use of Indigenous lands should be addressed, said representatives from civil society groups. The month-long public consultation for the draft bill will conclude next Monday.