Kick-start for carbon credit market after loose rules agreed at COP29

Contributing sentiments towards policy:

60% : The birth of the market prompted cheers and standing ovations by UN negotiators in the first session of the final plenary, in a rare breakthrough at the summit that was otherwise on the verge of collapse.
50% : Host country Azerbaijan made the issue of carbon emissions trading a priority, pushing successfully on the first day of the two-week summit for countries to adopt an initial element of the global market.
48% : The agreement passed at the UN COP29 climate summit late on Saturday night will allow countries and companies to trade credits for cuts in carbon emissions to offset their carbon footprints.

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