Singapore-New Zealand Article 6 Negotiations reach consensus

Posted: 25 Nov 2024

Countries have reached a deal on carbon markets at the annual United Nations climate change meeting (COP29) in Baku, Azerbaijan.

Co-chaired by Singapore’s Minister for Sustainability and the Environment Grace Fu and New Zealand’s Minister of Climate Change Simon Watts, the negotiations on Article 6 (carbon markets) concluded successfully with all 196 Parties agreeing to the final text.