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The GCF Standard Terms and Conditions for Purchases (August 2024) outline the contractual obligations for contractors supplying goods or services to the Green Climate Fund. Key provisions include payment terms (30 days post-acceptance), warranty requirements for quality and non-infringement, and strict adherence to GCF's Policy on Prohibited Practices and SEAH Policy. The agreement is governed by the laws of the Republic of Korea, with disputes settled via UNCITRAL arbitration in Seoul. It also specifies GCF's tax exemptions under its Headquarters Agreement and requires contractors to uphold the ten principles of the United Nations Global Compact.

China is expanding its nuclear power capacity faster than any other country in the 21st century, with nearly half of the world's nuclear power under construction located there. While China's operational capacity of 58.1 GW currently ranks third globally, its prospective capacity of 118 GW positions it to potentially overtake France and the United States. The buildout is shifting toward Generation III and IV reactors, including the domestically developed Hualong One and the first commercial Generation IV unit, the HTR-PM. However, a moratorium on inland plants following the 2011 Fukushima disaster has led to the cancellation of 201 GW of capacity, though some sites have been repurposed for wind and solar energy.

The document synthesises INC member inputs regarding the protection of human health within the framework of a proposed global plastics treaty. It highlights a broad consensus that the treaty's objectives should encompass both environmental and human health protections, noting that plastic pollution causes wide-ranging health issues, including neurotoxic and endocrine-disrupting impacts. The briefing details the work of two expert groups: Expert Group 1, focusing on financial mechanisms and means of implementation to mitigate health costs, and Expert Group 2, focusing on science-based criteria for identifying chemicals of concern, problematic products, and safe product design. Key priorities identified include the prevention of 'regrettable substitution' of chemicals, the necessity of material transparency, and the importance of protecting vulnerable populations, such as waste workers and indigenous peoples.

China is leading global renewable energy deployment with 339 GW of utility-scale solar and wind power under construction, nearly double the capacity of the rest of the world combined. By the first quarter of 2024, wind and solar accounted for 37% of China's total power capacity. While the country is on track to potentially reach 1,200 GW of installed capacity by the end of 2024, significant obstacles remain, including a reliance on coal to mitigate intermittency, insufficient Ultra High Voltage (UHV) transmission lines, and rising curtailment rates in several provinces.

The report outlines the development of updated eligibility criteria for agriculture production (crop and livestock) under the Climate Bonds Standard. It establishes a science-based framework for transition finance, focusing on absolute intensity pathways to reach net-zero by 2050. The document details mitigation strategies, including the reduction of methane and nitrous oxide and the enhancement of carbon sequestration, while introducing safeguards for adaptation, biodiversity, water, and animal welfare.

The document analyzes the negotiation timelines of the Rotterdam, Minamata, and BBNJ agreements to demonstrate that international legal instruments often exceed their initial deadlines. It argues that the current process for the plastics treaty, governed by UNEA resolution 5/14, provides sufficient flexibility for the Intergovernmental Negotiating Committee (INC) to continue meetings beyond 2024 if necessary, as the resolution expresses an 'ambition' rather than a strict mandate for completion by that date.

China is significantly leading global renewable energy deployment, with utility-scale wind and solar projects under construction totaling 339 GW—double the combined total of all other countries. While China is on track to meet its 2030 target of 1.2 billion kW of wind and solar capacity years ahead of schedule, it faces critical challenges regarding grid stability, reliance on coal for intermittency regulation, and high curtailment rates in northern and northwestern provinces.

The 2024 Global Steel Plant Tracker and Global Blast Furnace Tracker data show a growing momentum toward electric arc furnace (EAF) steelmaking, with 49% of capacity under development using this route. However, significant carbon lock-in risks persist as 308 mtpa of new coal-based blast furnace capacity is under development, primarily in Asia. India has surpassed China as the top overall steel developer, though China remains the largest operator of emissions-intensive capacity. While direct reduced iron (DRI) capacity is increasing, its climate impact depends on the transition to green hydrogen reducing agents, as much current capacity relies on methane or coal.

The report analyzes 21 policy measures from 14 WTO members that triggered trade concerns, categorizing these frictions into six types: timing and implementation, transparency, absence of stakeholder engagement, proportionality, justification, and discrimination. It provides specific regulatory recommendations to ensure that environmental measures targeting plastics do not create unnecessary trade barriers.

The report analyzes the financial support provided by 354 banks to the top 100 steelmakers, finding that $429 billion was provided between 2016 and June 2023. It highlights a critical gap between banks' climate commitments and their continued funding of coal-dependent blast furnace-basic oxygen furnace (BF-BOF) projects. The document argues that continuing to fund these assets creates significant stranded asset risks, estimated at $554 billion, and urges a shift toward green hydrogen direct reduced iron (DRI) and electric arc furnace (EAF) technologies.

The report analyzes seven categories of enclosure-based and open measurement methods for greenhouse gas emissions in sanitation systems. It finds that while enclosure-based methods like flux chambers are widely used, they are limited by scale. Emerging optical and remote sensing methods offer broader coverage but are constrained by high costs. The document highlights a critical lack of empirical data for non-sewered sanitation in low- and middle-income countries and advocates for standardized, affordable methodologies and increased collaboration to improve national greenhouse gas inventories.

The document examines the current state of circular economy trade measures notified to the WTO, noting a heavy bias toward end-of-life waste management over upstream resource efficiency. It proposes that the WTO facilitate a 'dynamic alignment system' using mutual recognition agreements, ISO 59000 standards, and cross-border extended producer responsibility schemes to support a global transition to a circular economy, particularly for developing nations.

As of 30 April 2024, the Green Climate Fund (GCF) had spent USD 32.9 million of its USD 125.4 million annual administrative budget (26%). The Secretariat accounted for the largest portion of expenditure at USD 27.2 million. The report details budget utilization across the Board, the Trustee, and three independent units: the Independent Redress Mechanism (IRM), the Independent Integrity Unit (IIU), and the Independent Evaluation Unit (IEU).

The IEU's 2024 activity report details the completion of evaluations on the energy sector and investment framework, the launch of new evaluations regarding whistleblowers, Indigenous Peoples, and health/food security, and the progress of the LORTA impact evaluation portfolio. A significant portion of the document is dedicated to a synthesis on GCF access, which argues that access has become synonymous with accreditation, creating biases toward countries with strong governance and existing multilateral development bank (MDB) relationships. The report recommends shifting the focus of access from procedural accreditation to country-led needs and exploring alternative models such as National Climate Funds (NCFs).

The Independent Integrity Unit (IIU) report details its activities from January to June 2024, focusing on four strategic objectives: fostering a culture of integrity, acting as a thought leader in climate finance integrity, serving as a trusted investigation mechanism, and utilizing technology for data-informed decision-making. Key achievements include the launch of an e-learning module for Accredited Entities, the conduct of a regional capacity-building workshop in Morocco for African entities and CSOs, and the opening of 17 new cases. The unit also advanced its policy framework by drafting guidelines for Administrative Remedies and Exclusion (ARE) and managing conflicts of interest for external panel members.

The independent evaluation finds that while the GCF Investment Framework effectively translates strategic goals into portfolio targets and project criteria, it suffers from operational complexities and a lack of alignment with results and risk management frameworks. Key issues include the high resource burden on Direct Access Entities (DAEs) compared to International Accredited Entities (IAEs), subjective interpretations of investment criteria like 'country ownership', and a disconnect between ex-ante investment decisions and ex-post results monitoring. The report recommends simplifying the Investment Criteria Scorecard (ICS), improving the predictability of funding for recipient countries, and explicitly integrating risk-reward assessments into the framework.

The report analyzes flood control projects and resilience indicators across Asia to establish a specific flood resilience index for South Korea. This index is designed to assess the capacity of local governments in flood-prone areas to implement prevention and recovery efforts, providing a basis for domestic policy direction.

The document serves as a '101' guide for journalists to report on climate change, explaining the difference between weather and climate, the primary causes of global warming, and the impacts of extreme weather. It offers specific phrasing to help reporters connect current events to climate change and distinguishes between mitigation and adaptation strategies. Additionally, it provides professional guidance on avoiding greenwashing, handling climate deniers, and centering climate justice in reporting, while emphasizing that climate coverage is based on scientific consensus rather than activism.

The document serves as an introductory resource for journalists to understand the causes and impacts of climate change and how to report on them accurately. It defines key terms, explains the role of greenhouse gases and fossil fuels, and details the effects of warming on weather patterns. The guide offers specific phrasing to help reporters connect extreme weather events to human-caused climate change and distinguishes between mitigation and adaptation strategies. It also outlines international and national policy frameworks, such as the Paris Agreement and the US Inflation Reduction Act, while advising journalists on how to avoid pitfalls like greenwashing and the platforming of climate deniers.

The document assesses the viability of Canada's planned LNG expansion, concluding that it is incompatible with 1.5°C global warming targets and economically precarious. It highlights that new facilities would increase domestic emissions and divert clean energy resources. Economically, the brief warns of a global supply glut by 2030, with Canadian projects struggling to compete against lower-cost producers in Qatar and the United States, thereby risking significant losses for taxpayers and investors.