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How to Make Carbon Pricing Effective

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COP29 marked a significant milestone with the operationalization of a global carbon credit market under Article 6 of the Paris Agreement. These rules will improve transparency and credibility in carbon trading, offering a foundation for a more consistent global pricing framework.

Building on this progress, how can we ensure that the advancements made at COP29 lead to a truly global and effective carbon pricing system that fosters greater government and private sector participation?
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