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The document explains the operational framework of the Article 6.4 Paris Agreement Crediting Mechanism (PACM), detailing the project lifecycle from prior consideration to credit issuance. It identifies key reporting documents, such as Project Design Documents (PDD) and the Sustainable Development Tool, and directs users to data sources like the UNEP Article 6 Pipeline and UNFCCC platforms. The guide also outlines accountability pathways, including a global grievance mechanism and an appeals process for stakeholders to report harms or challenge registration decisions.

The GCF Board approved 18 funding proposals totaling USD 960.3 million and accredited 10 new entities. A major outcome was the selection of host cities for regional presence: Panama City (Latin America and Caribbean), Amman (Eastern Europe, Central Asia and Middle East), Nairobi and Abidjan (Africa), and Suva (Pacific). The Board also restructured its committees, approved a training programme, and established a roadmap for the 2028–2031 Strategic Plan.

The GCF Secretariat report for 2026 details progress in enhancing country ownership, delivering impact, and institutional strengthening. Key achievements include the launch of a revised Accreditation Framework, the establishment of regional presence in five locations, and the development of a new Commitment Authority Framework to optimize investment capacity. The report also tracks programming metrics, noting 29 funding proposals submitted to the iTAP and the approval of projects for underserved countries like Bahamas, Chad, and Jamaica.

The document proposes a shift toward 'imperfect agreements' to overcome deadlock in the WTO, suggesting that flexible, iterative, and often plurilateral arrangements can serve as stepping stones to formal law. It highlights various mechanisms, such as targeted trade deals, the use of GATS schedules for additional commitments, and interim agreements like the E-Commerce Agreement, as ways to maintain institutional relevance and implement sustainable development goals. The author contends that these dynamic approaches allow members to coordinate on urgent issues, such as digital trade and essential supplies, without waiting for full multilateral consensus.

In 2025, global coal capacity grew by 3.5% while generation fell by 0.6%, as new plants in China and India are increasingly used as system insurance rather than primary generation. While the number of countries proposing new coal plants decreased to 32, political interventions in the US and EU delayed planned retirements. Latin America and the Caribbean achieved a status of 'No New Coal Plants' in 2025, though several countries, including Brazil and Chile, experienced setbacks in their decommissioning schedules.

In 2025, global coal capacity grew by 3.5% while generation fell by 0.6%, reflecting a trend where coal is increasingly used as system 'insurance' rather than a primary energy source. While Latin America achieved a 'No New Coal' status in 2025, several countries in the region, including Brazil and Chile, experienced delays or reversals in planned plant retirements. China and India continue to lead global capacity expansions, accounting for 95% of all coal capacity under construction worldwide.

The First Conference for the Transition beyond Fossil Fuels, held in Santa Marta, Colombia, from April 24 to 29, aims to establish practical solutions for phasing out coal, oil, and gas. Co-sponsored by Colombia and the Netherlands, the event brings together at least 45 countries, including major exporters like Canada and Australia, though the largest producers—the US, China, Russia, and Saudi Arabia—are absent. The conference seeks to bypass the consensus-based delays of UN COPs to produce a report for COP30 and COP31, focusing on eliminating fossil fuel subsidies, planning production decline, and increasing renewable energy demand within a just transition framework.

The report highlights that the Maryland State Retirement and Pension System (SRPS) has a high allocation to private markets, which obscures significant climate risks due to the opacity of these investments. It identifies specific exposure to fossil fuel assets through managers like BlackRock's Global Infrastructure Partners (GIP) V and recommends the adoption of science-based climate targets and increased disclosure to mitigate financial risk.

The document describes El Niño as a natural climate phenomenon characterized by warmer-than-average sea surface temperatures in the equatorial Pacific. It argues that climate change is increasing the frequency and severity of extreme El Niño events, particularly Central-Pacific (CP) events, and complicating their prediction. For 2026, there is a 61% chance of an El Niño emerging between May and July, with some models suggesting it could be the strongest in 140 years. The briefing details global teleconnections, noting that El Niño typically causes droughts in southern Africa, Australia, and India, while increasing flood risks in East Africa and the Americas. These shifts significantly impact global agriculture, reducing yields for maize, rice, and wheat while often increasing soybean yields. Regional analysis highlights specific risks, such as increased cholera in East Africa, hydropower reductions at Kariba Dam in Zambia and Zimbabwe, and the Amazon becoming a net carbon source during Eastern-Pacific (EP) events.

The document explains the El Niño-Southern Oscillation (ENSO) and warns that a particularly strong El Niño is forecast, which may lead to record global temperatures. It details the diverse impacts of the 2023-2024 event in Latin America, including crop failures in Mexico and Central America, droughts in northern Brazil, and energy crises in Costa Rica. It provides a list of technical resources and experts for further reporting.

The document examines the impact of offshore oil and gas activities in the Wider Caribbean, highlighting the ecological threats to coral reefs and mangroves, the economic vulnerability of fossil-fuel-dependent states, and the legal obligations of states to prevent marine pollution and climate harm.

The document introduces investor-state dispute settlement (ISDS) as a mechanism allowing foreign investors to bring claims against host states before international tribunals. It highlights that the mining sector is one of the most frequent targets of such claims, which can result in large monetary awards and delay regulatory reforms. The brief details how consent for ISDS is established through investment treaties, domestic laws, and contracts, and notes a growing trend of claims linked to the demand for critical minerals. It concludes with recommendations for governments to manage ISDS risks through inter-agency coordination, thorough documentation, and legal coherence.

The report identifies significant fossil fuel exposure within the Maryland State Retirement and Pension System's (SRPS) private market allocations, which comprise approximately 41% of its $74 billion in assets. It highlights specific controversial assets, such as the Rio Grande LNG terminal and the AES Corporation's power plant portfolio, and notes that 64% of energy companies associated with SRPS's private equity managers are fossil fuel-based. The document advocates for the adoption of five climate standards, including science-based targets and fossil fuel disclosure, to mitigate financial risks associated with the energy transition.

The Inter-American Institute for Global Change Research (IAI) has released the preliminary report of the 60th Executive Board meeting (CE-60) for review. While the Executive Board Regulations do not specify a deadline for feedback, the Executive Directorate requests observations preferably 45 days before the 34th Conference of the Parties, scheduled for June 3-4, 2026.

The report assesses gender disparities in Belize, Costa Rica, Dominican Republic, Ecuador, El Salvador, Guatemala, Panama, and Peru to inform the EcoEnterprises Partners IV investment strategy. It identifies systemic barriers—including financial exclusion, limited land rights, and climate vulnerability—that disproportionately affect rural, Indigenous, and Afro-descendant women. The document details a 'gender-lens' investment approach, utilizing a proprietary toolbox of 32 tools and alignment with the 2X Challenge to promote women's leadership and economic empowerment in MSMEs and sustainable agriculture.

The 60th meeting of the IAI Executive Council addressed the critical financial impact of the United States' withdrawal from the institute, which could lead to a two-thirds decrease in operational resources. The Council decided to form an ad hoc advisory committee to develop restructuring recommendations and scheduled an Extraordinary Conference of the Parties for March 9, 2026. Despite these challenges, the Directorate reported progress in diversifying funding through agreements with development banks like CAF and FONPLATA, and advancing research on climate-induced migration, the climate-environment-health nexus, and forest-related projects.

The IAI Executive Director (a.i.) issued a notification on February 4, 2026, transmitting a statement from the SAC, SPAC, and IPAC Advisory Committees. This statement confirms their support for the Inter-American Institute for Global Change Research (IAI) in response to a January 8, 2026, notification regarding the United States' intention to withdraw from the institute.

The document analyzes the current state of negotiations for a global plastics treaty after INC-5.3, focusing on the 'start-and-strengthen' model. It argues that for such a model to succeed, a treaty must include clear global objectives, enforceable obligations, effectiveness evaluations, and a procedural path for normative evolution. The brief compares three Chair's drafts and various member state proposals, concluding that many current drafts risk becoming 'bottom-up' models based on voluntary national actions, which could lead to regulatory fragmentation and insufficient collective action to end plastic pollution.

The Inter-American Institute for Global Change Research (IAI) has received a Presidential Memorandum dated 7 January 2026 announcing the withdrawal of the United States from the organization. The IAI acknowledges the foundational role of the National Science Foundation and U.S. partners since 1992 and affirms its ongoing commitment to promoting scientific excellence and international collaboration across the Americas despite this withdrawal.

The High Seas Treaty, formally the Agreement on the Conservation and Sustainable Use of Marine Biological Diversity of Areas Beyond National Jurisdiction (BBNJ agreement), enters into force on January 17, 2026. It establishes a global framework to protect biodiversity in international waters, which cover roughly two-thirds of the ocean and previously lacked comprehensive governance. The treaty is built on four pillars: area-based management tools (including marine protected areas), rules for sharing benefits from marine genetic resources, capacity building and technology transfer for low-income countries, and standardized environmental impact assessments for activities like marine carbon dioxide removal. While it does not replace Regional Fisheries Management Organisations (RFMOs) for setting quotas, it aims to influence fisheries through ecosystem-based management. As of January 15, 2026, 83 parties have ratified the agreement. Implementation now depends on the BBNJ Preparatory Commission and the first Conference of Parties (BBNJ COP) to finalize governing structures, financial mechanisms, and operational logistics.