COP29Baku

The United Nations Body charged with implementing a new carbon crediting mechanism under the Paris Agreement has expedited plans for action at their first meeting since COP28. The Supervisory Body of the Paris Agreement Crediting Mechanism took a firm step to set out a direction for the year. The Body has stepped up the pace of implementation by simultaneously launching work to develop methodological tools and guidelines while also gathering input on concerns raised by Parties in Dubai. This dual approach aims to progress the work while developing further documents for consideration at COP29 in Baku. "The implementation of a…