COP29 Breakthrough
Global Carbon Market Takes Shape eyesonproject Amsterdam/Baku 16 november 2024– At COP29 in Baku, nearly 200 governments agreed on a UN-led global carbon market under Article 6.4 of the Paris Agreement. This system simplifies carbon credit trading, fostering climate project funding in developing nations. It replaces the Kyoto Protocol’s Clean Development Mechanism, aiming for transparency and…
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