Los Angeles, United States, Nov 8, 2024 (AFP) - UN aims to set standards for scandal-hit carbon markets

NAMPA / AFP
2024-11-08
Governments could finally approve new UN standards for countries and companies wanting to trade carbon credits, a long-awaited decision some hope can bring credibility to a scandal-ridden sector. Carbon credits are generated by activities that reduce emissions, like tree planting or replacing polluting coal with renewable energy, but buyers have long relied on unregulated markets shaken by high-profile scandals. At this month's COP29 climate summ......
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