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APPEC: COP29 talks to address political uncertainties in carbon project host countries

September 13, 2024 Comments Off

COP29 negotiations are expected to provide clear guidance on the circumstances under which a carbon project host country can revoke authorizations for carbon credits to be traded under Article 6.2, potentially reducing political uncertainties in this nascent market, experts said at the Asia-Pacific Petroleum Conference 2024 on Sept. 11. Article 6.2 is an UN-backed system that supports the international trading…