ET at COP29: After 9 years of debate, global carbon trading deal finalised

A resolution emerged following nine years of negotiations, after talks broke down in Dubai last year. International carbon trading-which refers to clauses in the Paris Agreement that provide for country-to-country trading, UN-monitored international carbon market and non-market mechanisms-had got an early boost in Baku with countries adopting standards on Day One. Carbon trading is referred to in UN climate talks as "Article 6".