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 guidelines. The regulations, established in Baku, Azerbaijan, outline how to calculate credit generation and address potential losses of stored carbon. Experts, including Erika Lennon from the Center for International Environmental Law, acknowledged the importance of these standards but expressed concerns over the transparency of the decision-making process, with critics noting a lack of public debate.