Negotiations on Article 6 failed

There was no agreement on Article 6 on international carbon markets at COP28. The rules on international carbon credit trading remain a hot discussion topic.

Negotiations on Article 6 at COP28 have failed. Thus, discussions on the structure of international carbon markets continue, although observers consider this to be a positive development.

The final structure of global emissions trading under Article 6 of the Paris Agreement remains uncertain even after COP28. It had already become apparent that the negotiations in Dubai would fail, as the USA and the EU could not agree on how countries could trade carbon credits with each other.

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