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Home / News / Sector Regulation / Global carbon market rules finalized at COP26 as 197 countries agree deal with coal 'phasedown'
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Global carbon market rules finalized at COP26 as 197 countries agree deal with coal 'phasedown'

By Kathryn Carlson
  • 14 Nov 2021 03:23
  • 14 Nov 2021 03:23
Carbon Border Mechanism Carbon Pricing Carbon tax Climate neutrality Emissions Energy transition Green Deal Greenwashing Sustainable finance
Carbon traders worldwide have seen rules governing an international market for emissions credits agreed at the UN climate conference COP26.

The Article 6 rulebook, which has been under negotiation since 2015 but never finalized, was approved on Saturday night along with the summit’s final deal, dubbed the Glasgow Climate Pact.

The new

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Kathryn Carlson

Financial Services Correspondent, Europe

Kathryn is a correspondent leading EU financial services coverage for MLex in Brussels. She previously covered energy and trade as a reporter for MLex, and has written for Reuters and The Times of London among other outlets. Kathryn holds a degree in English Literature from the University of Oxford and spent time working in Italy and France before making the move to Brussels.

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