UNIDROIT Project on VCCs ready to support historical COP29 Baku Decision

UNIDROIT stands ready to support the historical decision of the Conference of Parties adopted on the first day of the UN Climate Change Conference on standards for the creation of carbon credits under Article 6.4 of the Paris Agreement. In the development of legislative guidance on the Legal Nature of Verified Carbon Credits, as proposed by ISDA, UNIDROIT is actively contributing to the scaling up and legal certainty of the international carbon market and meeting the demand for harmonised international rules in this sector.

Comments are closed.