At COP29, new regulations were adopted allowing wealthy nations to fulfill their climate goals by purchasing carbon credits from developing countries, rather than cutting their own emissions. Critics warn that this could lead to significant greenwashing, enabling rich countries to…

At COP29 in Baku, nations established new regulations for the carbon credit market, a long-controversial mechanism aimed at reducing greenhouse gas emissions. The updated framework, nearly a decade in the making, sets criteria for generating and trading carbon credits derived…

At COP29, countries worldwide have approved new UN rules aimed at establishing a more regulated carbon credit market. This market, which allows for the trading of credits generated from activities that reduce greenhouse gas emissions, has previously operated without international…