Highlights and images for 9 June 2026

Although the Paris Agreement was adopted more than ten years ago, some of its elements are just now coming to life. Chief among them are the market-based approaches for the Agreement’s cooperative implementation (Paris Agreement Articles 6.2 and 6.4).

Want to dig deeper into today's talks? Read the full Earth Negotiations Bulletin daily report.

One reason that the launch of these carbon markets is so important to many developing countries is that a share of the proceeds of the Article 6.4 mechanism will flow into the Adaptation Fund–and thus increase its capitalization. This is crucial, since current levels of adaptation finance significantly lag behind growing needs. In Bonn, Parties are reflecting on the arrangements needed for the monetization of this share of proceeds, which will mark the Fund’s transition from the Kyoto Protocol to exclusively serving the Paris Agreement.

A number of other sessions echoed broader debates on the need to reform the multilateral system and “streamline” it with a view to increasing “efficiency” and leveraging “synergies,” to name just a few buzzwords. While the exchange on planning for future United Nations Framework Convention on Climate Change (UNFCCC) sessions saw some concrete proposals emerge for how to ensure sessions of the Conference of the Parties (COP) meet expectations, discussions on cooperation with other international organizations were less fruitful. 

Despite resounding calls for enhanced cooperation among the Rio Conventions with a view to increasing resource efficiency and implementation, some Parties see risks associated with weakened accountability and competing priorities.