Thomas Schroder’s Post

Good news on Day 1: #COP29 approves the creation on standards for #carboncredits under article 6.4 of the #ParisAgreement. “Parties reach consensus on standards for the creation of carbon credits under Article 6.4 of the Paris Agreement, in sign of early momentum. COP29 President opens summit with plan to enhance ambition and enable action. COP29 will “test our commitment to the multilateral climate system” upon end of the first decade after the Paris Agreement. COP29 top negotiating priority is a new climate finance goal. Realistic goal for what the public sector can directly provide and mobilise seems to be in the “hundreds of billions”.” #leadonclimate

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