📣 COP29 Delivers Historic Breakthrough on Article 6 🌏 After years of negotiations, #COP29 has delivered a historic breakthrough on #Article6 of the #ParisAgreement. This landmark decision unlocks the potential of high-integrity #carbonmarkets, paving the way for a more sustainable and climate-resilient future. Here are some of the highlights: - Full operationalisation of Article 6 of the Paris Agreement: This landmark achievement establishes a framework for international carbon markets, which will play a crucial role in driving down emissions and financing climate action. - Establishment of the Loss and Damage Fund: This critical fund will provide much-needed support to developing countries facing the devastating impacts of climate change. - Baku Finance Goal: This ambitious goal aims to mobilise $1.3 trillion in climate finance for developing countries by 2035, accelerating the transition to a low-carbon future. These outcomes represent a major step forward in the global fight against #climatechange. They demonstrate the power of international cooperation and commitment to collective action. What are your thoughts on the COP29 outcomes? How can we ensure effective implementation of these agreements? What role can businesses play in accelerating climate action? Share your thoughts in the comments below. Find the full texts below: ➡️Article 6.2: https://lnkd.in/gm56XSkm ➡️Article 6.4: https://lnkd.in/gKKiSmMn #GREENIPATH #GreenPathForward #sustainability #sustainabledevelopment #climate #climatecrisis #sdgs #ESG #portfoliomanagement #environment #impact #nature #netzero
