Kick-start for carbon credit market after loose rules agreed at COP29
- New rules approved at COP29 allow rich countries to buy carbon-cutting offsets from developing nations, raising fears of climate target greenwashing.
- COP29 expects the scheme to lower national climate plan costs by up to US$250 billion.
- Diplomats applauded the major decision, while concerns arose over Switzerland's transparency in emissions cuts.
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Total News Sources0
Leaning Left1Leaning Right0Center4Last UpdatedBias Distribution80% Center
Bias Distribution
- 80% of the sources are Center
80% Center
L 20%
C 80%
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