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COP26 Opens Route to International Carbon Investing

Global carbon markets bought a shot in the arm in Glasgow on Saturday immediately after governments agreed on lengthy-stalled procedures for how international locations, and firms, can trade carbon-emissions credits throughout borders.

Negotiations over the carbon agreement ended up overshadowed at the United Nations climate summit by a bigger-profile deal on emissions cuts and weather-improve funding. That broader deal asks its 190-additionally signatories next year to revisit emissions-cutting ideas that fell brief of what scientists say is sufficient to stop the worst possible results of local climate transform. The offer, however, still left big concerns about how governments will stick to by way of.

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