The 2026 Bonn Climate Conference (SB64) focused on operationalizing the $300 billion NCQG, introducing a 35% global electrification target by 2035, and finalizing Article 6 carbon market rules. India fiercely defended CBDR-RC, opposing new obligations and demanding equitable, grant-based climate finance.
Click to View MoreCarbon markets under Paris Agreement Article 6 allow nations to trade emission reductions globally. While they drive green investments and tech transfer, severe concerns like greenwashing, human rights violations, and over-crediting demand strict UN safeguards and transparent domestic policies like India's CCTS.
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