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World approves UN rules for carbon trading between nations at COP29

Energy Daily Sunday, 24 November 2024 ()
World approves UN rules for carbon trading between nations at COP29Baku (AFP) Nov 23, 2024

New rules allowing wealthy polluting countries to buy carbon-cutting "offsets" from developing nations were agreed at UN climate talks Saturday, a move already raising fears they will be used to greenwash climate targets. This decision, taken during extra time at the COP29 conference, is a major step forward in a debate that has dragged through climate talks for years, and diplomats broke in
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