In a pivotal development for international climate policy, the World Bank has hailed the recent agreement on international carbon markets at COP29 in Baku as a potential game-changer for global climate finance. According to its latest report, the consensus reached on Article 6 of the Paris Agreement could significantly expand countries’ participation in carbon trading and unlock billions in new investment for low-income nations.
The post Baku accord signals turning point for carbon market integration first appeared on The South Caucasus News – SouthCaucasusNews.com.
