BTA - COP29 Makes Progress in Development of Global Carbon Market

Two decisions related to the functioning of carbon markets were adopted at the final plenary of COP29 in Baku. It convened at 8 pm on Saturday, almost 24 hours after the formal conclusion of the UN climate conference programme. Time is not on our side, said COP29 President Mukhtar Babayev at the opening of the meeting. He asked the parties to the UN Framework Convention on Climate Change (UNFCCC) to continue negotiating w