SBTi releases ‘mixed findings’ on carbon credit effectiveness in climate targets
"The SBTi believes that direct decarbonisation must remain the priority for corporate climate action."
The Science-Based Targets Initiative (SBTi) has released its research on the effectiveness of using carbon credits to achieve climate targets, warning that more work will be needed to draw conclusions from “mixed findings”.
The technical papers released today form part of a revision of the SBTi Corporate Net Zero standard, which governs climate target setting for thousands of companies around the world.