Global South organisations urge SBTi to expand carbon credit use for Scope 3
“As we know all too well, we cannot rely on philanthropy alone."
Community organisations, SMEs and non-profits based in the Global South argue that the Science Based Targets Initiative’s proposed expansion of carbon credit use for Scope 3 abatement would unlock climate finance for frontline communities.
In a statement released last week, 105 organisations working to mitigate climate change in from countries such as Colombia, Brazil, Mexico, Peru, Argentina, Tanzania, Kenya, Gabon, Sierra Leone, Côte d’Ivoire, South Africa, India and Indonesia expressed their support for the SBTi’s Board of Trustees.
