The Paris Agreement, adopted in 2015, stands as one of the most significant global efforts to combat climate change. Nearly 200 countries pledged to limit global warming to 1.5°C above pre-industrial levels, with each nation submitting its own emissions reduction targets. The United States, as one of the world’s largest historical emitters of greenhouse gases, has played a pivotal role in shaping the agreement—but its c

The 29th United Nations Climate Change Conference (COP29) marked a pivotal moment in global climate policy by establishing a new carbon market framework under Article 6.4 of the Paris Agreement. Held in Baku, Azerbaijan, this conference saw the approval of stringent rules for international carbon trading, providing a transparent and reliable framework for the use of carbon credits by countries and companies.