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The compendium details the legal arguments presented from December 2 to December 13, 2024, at the ICJ. It highlights a fundamental divide between climate-vulnerable nations and several high-emitting States. Vulnerable nations, including many Small Island Developing States (SIDS), argue for a 'harmonious interpretation' of international law, asserting that obligations to prevent transboundary harm and protect human rights exist independently of and complement the Paris Agreement. They demand accountability for historical emissions and full reparations, including debt cancellation. Conversely, a minority of high-emitting States, such as the United States, Russia, and Saudi Arabia, argue that the UN climate treaty regime (UNFCCC, Kyoto Protocol, and Paris Agreement) is the exclusive source of State obligations, seeking to limit liability and reject the applicability of customary international law or human rights law to climate mitigation.

The document analyzes the implementation of Article 6 of the Paris Agreement, focusing on the distinctions between the bilateral/multilateral trades of Article 6.2 and the UN-overseen global market of Article 6.4. It highlights critical loopholes, including the risk of double counting in aviation offsetting (CORSIA), the lack of oversight for Article 6.2 trades, and the potential for 'junk' credits from the Clean Development Mechanism (CDM) to transition into the new system. The author argues for stricter authorization processes, mandatory transparency, and a 'firewall' between carbon markets and the new climate finance package being negotiated at COP29.

The IEU report for May-August 2024 outlines the completion of evaluations on whistleblower protection, the GCF Investment Framework, and the energy sector portfolio. It details ongoing evaluations in Latin America and the Caribbean, health and food security, and Indigenous Peoples' approaches. The report also highlights the LORTA impact evaluation programme, evidence reviews on just transition and market-based approaches, and the progress of a Management Action Report on the Readiness and Preparatory Support Programme, where the Secretariat agreed to all 15 recommendations with varying levels of implementation progress.

The document provides an overview of three types of carbon markets: compliance-based, voluntary, and multilateral-based (Article 6 of the Paris Agreement). It highlights the growth of government-led markets, which generated $104 billion in 2023, while noting the severe integrity crisis and subsequent investment decline in voluntary carbon markets. The author discusses how countries manage competitiveness through tools like free allowances and output-based pricing, and details the emerging landscape of Article 6 bilateral agreements. For developing countries, the report identifies a tension between the need for climate finance and the risks of 'greenwashing' and fiscal instability.

The briefing highlights three priority areas for the 79th UN General Assembly and Climate Week: the High-Level Meeting on Sea-Level Rise, climate finance negotiations, and the Summit of the Future. It emphasizes the security implications of sea-level rise for Pacific Island states, the critical funding gap for developing nations facing debt crises, and the potential for the 'Pact for the Future' to address the climate-security nexus in UN peace operations.

The Nature-Based Solutions Inventory for Fiji catalogues various projects across the country's ecosystems, highlighting a concentration of efforts in the northern and western divisions. The inventory reveals a primary focus on coastal protection through mangrove planting and hybrid seawalls, alongside riverbank stabilization using vetiver grass and reforestation of native forests. These initiatives aim to address climate risks such as sea level rise, tidal surges, and flooding, while simultaneously tackling biodiversity loss and improving food security for local communities.

Ministers from 13 nations met on 26 May 2024 in Antigua and Barbuda to reaffirm their commitment to a Fossil Fuel Non-Proliferation Treaty. The group expressed concern that planned fossil fuel production by 2030 exceeds Paris Agreement limits and highlighted how debt burdens hinder the transition for small island nations. They agreed to establish an expert working group on financing a just transition and to seek legal advice on the most effective pathway to develop the treaty over the next 12 months.

The document examines the three mechanisms of Article 6 (A6.2, A6.4, and A6.8) of the Paris Agreement, highlighting the tension between rapid operationalisation and the need for high-integrity standards to prevent greenwashing and human rights abuses. It details the specific sticking points for COP29, including transparency in bilateral trading (A6.2), the role of the Supervisory Body in the global market (A6.4), and the potential for non-market approaches (A6.8) to provide alternative climate finance. The briefing also analyzes the influence of these UN rules on the voluntary carbon market (VCM) and the controversies surrounding REDD+ credits and land-use offsets.

Natural Justice argues that the ICJ should recognize a State's obligation to reduce greenhouse gas emissions based on a 'fair share' principle and ensure a just transition from fossil fuels. The document emphasizes that Africa is the most vulnerable continent despite contributing less than 4% of global emissions, facing projected annual loss and damage costs between US$ 290 billion and $440 billion by 2030. It asserts that high-income, high-emitting States owe legal obligations to provide financial support via grants rather than loans and must provide reparations—including compensation and restitution—for internationally wrongful acts that cause climate harm.

The document argues that Oceania possesses significant superhot rock energy potential, with modeling suggesting that 15% of the region's land area has resources at depths below 12.5 km. It highlights that just 1% of this resource could provide 1.1 terawatts of energy capacity. The report suggests that the region's existing oil and gas expertise could be leveraged to commercialize this technology, which offers high energy density and low land-use requirements compared to other renewables. While not expected to meet 2030 climate goals, it is presented as a long-term solution for decarbonization and grid stability.

The Center for International Environmental Law (CIEL) submits that the International Court of Justice (ICJ) should interpret State climate obligations through a harmonized lens of multiple legal frameworks. CIEL contends that while the UNFCCC and Paris Agreement are relevant, they do not displace other primary rules such as the duty to prevent transboundary harm, human rights law, the law of the sea, or the law of State responsibility. The document asserts that these obligations apply concurrently and that compliance with climate treaties alone does not discharge a State's broader duties under international law, particularly regarding human rights and the protection of the marine environment.

The GCF Board's 37th meeting in Tbilisi, Georgia, resulted in the approval of 15 funding proposals totaling USD 736.4 million and the adoption of the 2024 administrative budget of USD 112.4 million. Key strategic outcomes include the endorsement of the Readiness Strategy 2024–2027, which allocates USD 501.5 million to enhance country ownership and direct access, and the confirmation of USD 9.3 billion in pledges for the second formal replenishment (GCF-2). The Board also established an ad hoc Committee on Human Resources Matters to address systemic compensation and policy issues. Significant discussions occurred regarding the potential for a regional presence to reduce operational bottlenecks and the ongoing debate over the financing of results-based payments for REDD+, which was deferred to the next meeting.

The fact sheet asserts that fossil fuels exacerbate and sustain global conflicts, with an estimated 25-50% of interstate wars since 1973 linked to oil. It argues that the Fossil Fuel Non-Proliferation Treaty can serve as a 'climate tool for peace' by managing a fast, funded, and fair transition away from fossil fuels, complementing the Paris Agreement by focusing on the supply side rather than just emissions. The document outlines the systemic impacts of extractivism—including gendered violence, human rights violations, and the militarization of extraction sites—and calls for governments to join a growing bloc of champion countries, including Vanuatu and Tuvalu, to negotiate the treaty.

The document provides a detailed overview of Article 6 of the Paris Agreement, distinguishing between the bilateral/multilateral trading of Internationally Transferred Mitigation Outcomes (ITMOs) under Article 6.2 and the UN-supervised global carbon market under Article 6.4. It highlights critical concerns regarding double counting, the lack of oversight in Article 6.2, the risks associated with transitioning legacy Clean Development Mechanism (CDM) projects, and the potential for 'emissions avoidance' to undermine environmental integrity. The guide outlines key priorities for COP28, including the need for stricter reporting rules, a code of conduct for confidentiality, and the establishment of independent grievance processes.

The Community Resilience Partnership Program (CRPP) is a regional initiative managed by the Asian Development Bank (ADB) to strengthen the climate resilience of approximately 3.2 million poor and vulnerable people in Cambodia, Indonesia, Lao PDR, Pakistan, Papua New Guinea, Timor-Leste, and Vanuatu. The program is structured into two components: a Trust Fund (TF) for upstream capacity building and knowledge generation, and an Investment Fund (IF) for downstream implementation of adaptation measures. The IF focuses on three primary outputs: improving climate risk information systems, implementing climate-resilient pro-poor livelihoods, and constructing pro-poor climate adaptation infrastructure. The program emphasizes transformational adaptation, gender equality, and the use of nature-based solutions to address the disproportionate impacts of climate change on marginalized populations.

The report finds that comprehensive requirements for benefit sharing arrangements are not common practice across major carbon crediting programmes. While some projects, particularly those under Plan Vivo, demonstrate best practices by providing detailed monitoring reports on monetary and non-monetary benefits, many others provide only procedural information or limited evidence of actual implementation. Major carbon crediting programmes like Verra (VCS), CAR, and ACR have largely resisted mandatory disclosure of benefit sharing terms, citing commercial confidentiality and a lack of institutional expertise to monitor downstream financial flows.

The briefing reveals a systemic lack of rules and enforcement regarding benefit sharing arrangements (BSAs) in the voluntary carbon market. An analysis by Öko-Institut found that only two of five assessed carbon standards referenced BSAs, and only four of 47 reviewed projects provided clear evidence of benefit sharing with stakeholders beyond project implementers. The document argues that payments for results (such as payments for ecosystem services) are often incorrectly conflated with benefit sharing, which should instead be a distribution of revenues. It further notes that major standards like CAR, ACR, and VCS have opposed mandatory BSA rules from the ICVCM, citing confidentiality and capacity constraints.

The document examines the prevalence and quality of benefit-sharing agreements in the voluntary carbon market (VCM). Based on an Öko-Institut study, it finds that most carbon standards and projects lack clear, enforceable mechanisms to distribute financial and non-financial benefits to local communities. It highlights a critical confusion between 'benefit-sharing' and 'payment for results' (such as salaries or payments for ecosystem services), arguing that the former should be a separate share of profits. The brief concludes that the absence of uniform definitions and the opposition of major standards to mandatory rules hinder the equitable distribution of carbon credit revenues.

The document analyzes the lack of standardized rules for benefit-sharing agreements (BSAs) in the voluntary carbon market, finding that most carbon standards and projects fail to provide evidence of equitable benefit distribution to indigenous peoples and local communities (IPLCs).

The document reports on a study by the Öko-Institut commissioned by Carbon Market Watch, which found that benefit-sharing arrangements (BSAs) in the voluntary carbon market are largely insufficient and lack transparency. Analysis of five carbon standards and 47 projects revealed that most standards do not require BSAs, and very few projects provide evidence of distributing benefits beyond simple performance-based payments. The brief argues that performance payments (like salaries) should not be conflated with benefit-sharing and calls for the Integrity Council for Voluntary Carbon Markets (ICVCM) to mandate standardized, transparent BSA rules.