61 new oil and gas exploration licences were granted in January 2026, containing an estimated 96.3 MtCO₂. Norway led the expansion, awarding licences containing roughly 40.3 million barrels of oil and 1,031.1 billion cubic feet of gas.
This public webinar featured a panel discussion exploring key design challenges and opportunities for BCAs, with the goal of building a common understanding of trade-offs, risks, and areas of convergence among stakeholders.
Modern industrial policies are rubbing up against WTO rules. Satish Triplicane and Ieva Baršauskaitė examine the issues at play in discussions of the balance between trade rules, development and climate objectives.
Through this series, IISD examines the evolving landscape of the Belt and Road Initiative (BRI). Each insight explores key dimensions of the initiative’s shifting priorities, policies, and legal architecture, with a focus on how policymakers in emerging and developing economies can maximize the benefits of BRI investments.
Indonesia needs stronger alignment between carbon pricing, fiscal policy and energy sector reform to ensure its energy transition delivers effective, credible and socially acceptable decarbonisation outcomes. The issue was highlighted during the joint launch of the Emission Ambitions for Sustainable Economies (EASE) and EnerKey projects, organized by IISD.
Ieva Baršauskaitė and Antoine Bonnet examine recent WTO and COP 30 discussions, including work in the Committee on Trade and Environment and the Trade and Environmental Sustainability Structured Discussions, showing how MC14 can consolidate these debates and guide the next steps for multilateral cooperation.