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Carbon offsets is no climate solution for Africa

Activists with banners and flags hold a gathering to demand that rich countries help developing nations tackle global warming during the UN Climate Change Conference (COP29) in Baku, Azerbaijan, on November 21, 2024. [AFP]

The COP29 wrapped up in Azerbaijan yesterday, with one of the recorded achievements being operationalisation of carbon markets, as per Article 6 of the Paris Agreement.

This means richer nations or heavily polluting companies fund green climate action in developing nations, to atone for their sins.

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