COP29

Mukhtar Babayev and BSEC PERMIS Secretary General review COP29 outcomes

COP29 advances global carbon market

COP29 in Azerbaijan set key rules for carbon credit trading, boosting the global carbon market. Early adopters like Japan, Singapore, and South Korea aim to meet climate goals, while ASEAN explores a regional approach for emissions reduction and economic growth.

Pope Francis stresses the global significance of COP29

Pope Francis calls on wealthy nations at COP29 to address "ecological debt" by forgiving poor countries' debts, fostering justice and solidarity in climate action.