At the COP29 climate talks in Baku, nearly 200 nations approved new UN standards for international carbon markets, marking a significant advancement toward allowing countries to trade carbon credits for climate goal compliance. While COP29 President Mukhtar Babayev hailed this as a breakthrough, experts caution that further negotiation is necessary. Carbon credits allow nations to offset emissions through environmentally beneficial projects, yet concerns about governance and market integrity remain. Additionally, discussions around climate finance for developing nations are critical, with a pressing need for substantial funds to support climate adaptation and emission reduction efforts.