COP29's carbon market deal benefits businesses but overlooks protections for Global South communities, raising equity concerns.

Carbon Markets at COP29: Unpacking the Impact on Developing Nations

Last year, as COP29 concluded, the adoption of standards for Article 6.4 on its opening day sparked a range of reactions. For businesses, it marked a significant step forward, offering a clearer framework to engage in the global carbon market. However, for climate justice advocates, it represented a missed opportunity to embed stronger safeguards and…