On the second and final day of the Climate Action Summit of world leaders, which precedes COP30, the European Union approved, in Belém (Brazil) on Friday 7 November, the leaders’ declaration on carbon markets, drawn up in collaboration with Brazil, which is chairing the conference.
The aim of this text is to create an Open Coalition for Compliant Carbon Markets, which would be “ambitious, efficient and fair” and would make it possible to “achieve the nationally determined...