COP29 Opens with Key Developments in Global Carbon Markets

The UN Climate Change Conference (COP29) commenced on November 11, 2024, in Baku, Azerbaijan, marking a historic moment with initial breakthroughs that could reshape global climate action. The first day of the conference set a positive tone as Parties reached a significant agreement on standards for carbon credits under Article 6.4 of the Paris Agreement, […]

Empowering Economic Growth: The Impact of Services Trade

Today’s interconnected global economy underscores the critical role of services trade. A recent report, “Trade in Services for Development: Fostering Sustainable Growth and Economic Diversification,” highlights its significance in driving GDP, employment, and economic resilience, especially in the post-COVID-19 era. Services trade is essential for export diversification, productivity growth, and technological adoption, offering developing economies […]