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The United Nations COP29, held in November 2024 in Baku, Azerbaijan, concluded with significant advancements in global climate action. Among the key outcomes was the agreement by developed nations to channel at least USD 300 billion annually into climate finance by 2035, with a broader target of USD 1.3 trillion from diverse sources. The summit also finalized the rules for a global carbon market, enabling countries to trade carbon credits and incentivize emissions reductions. However, Read more…

The International Green Trade and Commerce Association made a significant impact at the United Nations COP29 in November 2024, held in Baku, Azerbaijan. By spearheading discussions on sustainable trade, the association emphasized integrating eco-conscious policies into global commerce. Key topics included carbon pricing, climate finance, and fostering innovation to achieve ambitious climate goals. Through collaboration with governments, international organizations, and private sector stakeholders, the association championed trade frameworks that harmonize economic growth with environmental responsibility, Read more…