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The twenty-eighth Conference of the Parties (COP28) to the United Nations Framework Convention on Climate Change (UNFCCC) in Dubai among many other items concluded the first Global Stocktake (GST) under the Paris Agreement. This article discusses the conference's outcomes in the areas of mitigation, loss and damage, adaptation, climate finance, and cooperation under Article 6 of the Paris Agreement. The conference arguably made history by for the first time ever recognising the need to "transition away" from fossil fuels, adopting specific targets for the scale-up of renewable energy and energy efficiency, and by operationalising a fund to support developing countries in dealing with loss and damage caused by climate change. However, the legal language in the call for an energy transition is relatively non-committal and the conference failed to underpin the new global objectives with adequate resources. Actual implementation of the Dubai outcomes will therefore to a large extent depend on whether COP29 in Baku, Azerbaijan - already billed as "finance COP" - will be able to cut the Gordian knot of finance.

As the climate crisis is accelerating and the pressure to act is steadily increasing, many companies are claiming themselves or their products carbon neutral. This is usually achieved by offsetting residual emissions with carbon certificates (carbon offsetting). However, recent revelations about the inadequate quality of carbon credits and legal uncertainties surrounding the use of such offset claims are increasingly raising doubts about this approach. This Wuppertal Report examines how the EU can promote integrity in corporate climate action. Taking into account the new framework of the Paris Agreement, the paper outlines various options for how the EU could push for more integrity and effectively combat greenwashing through the targeted use of Article 6 of the Paris Agreement. In their recommendations, the authors advocate addressing the most serious consequences of ongoing offset practices through increased regulation of offset claims. If a ban on offset claims cannot be implemented, claims requirements and carbon offset regulations should be further specified, for example, by prohibiting any type of double counting of emissions reductions. In addition to tightening the rules for corporate offset claims within Europe, the EU could help partner countries make informed decisions when approving climate change mitigation measures and respective carbon credits. The report also emphasizes the EU's special role in international climate negotiations, where it should advocate for a strong legal framework for climate action under Article 6.

Am frühen Sonntagmorgen des 20. November 2022 ging die 27. Konferenz der Vertragsparteien des Rahmenübereinkommens der Vereinten Nationen über Klimaänderungen (27th Conference of the Parties to the United Nations Framework Convention on Climate Change (UNFCCC), COP27) im ägyptischen Scharm El Sheikh zu Ende. Geplant war die Konferenz bis Freitag. Doch es gab viel zu diskutieren. Katastrophale Extremwetterereignisse wie die Überschwemmungen in Pakistan und historische Dürren in Europa unterstrichen auch dieses Jahr wieder die Bedeutung von ambitionierten klimapolitischen Entschlüssen. Auch der neueste Bericht des Weltklimarats (Intergovernmental Panel on Climate Change, IPCC) hatte erneut hervorgehoben, dass diese Ereignisse weiter eskalieren werden, je mehr die globale Erwärmung zunimmt.

The twenty-seventh Conference of the Parties (COP27) to the United Nations Framework Convention on Climate Change (UNFCCC) in Sharm el-Sheikh made history by for the first time ever discussing and ultimately even agreeing to establish a fund to address loss and damage caused by climate change. However, the conference did little to limit the occurrence of loss and damage in the first place by containing the extent of climate change. This article discusses the conference's outcomes in the areas of mitigation and adaptation, loss and damage, the Global Stocktake, cooperation under Article 6 of the Paris Agreement, climate finance, and gender-responsiveness. While modest progress can be observed, it is too slow to actually achieve the objectives of the Paris Agreement. This pace is leading many, not least the most vulnerable countries, to search for parallel arenas of cooperation.