Why in news Countries at COP29 in Baku reached a significant milestone by agreeing to finalize a global carbon market. The market, based...
Why in news
Countries at COP29 in Baku reached a significant milestone by agreeing to finalize a global carbon market.
The market, based on Article 6 of the Paris Agreement, will enable countries to trade carbon credits, helping to address climate change.
These credits represent emission reductions, and their prices are set based on national emission caps.
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