COP29 agrees deal to kick-start global carbon credit trading
- Posted on November 23, 2024
- By Bing News
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COP29 agrees deal to kick-start global carbon credit trading
By Virginia Furness, Kate Abnett and Simon Jessop BAKU (Reuters) - Countries agreed a deal at the COP29 climate conference on Saturday on rules for a global market to buy and sell carbon credits that proponents say will mobilise billions of dollars into new projects to help fight global warming. The agreement, clinched roughly a decade after international talks on forming the market began,