How SBTi's shift on Scope 3 rules will affect carbon markets

clock • 5 min read
How SBTi's shift on Scope 3 rules will affect carbon markets

The Science Based Targets Initiative's controversial proposals to allow for the wider use of carbon credits could result in four possible outcomes

On April 9, the board of trustees of the Science Based Targets initiative (SBTi) announced forthcoming updates to its net zero standard, proposing to allow the use of some environmental attribute certificates...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

More on Offsets

Amazon launches carbon credit service

Amazon launches carbon credit service

Retail and tech giant to offer suppliers, business customers, and Climate Pledge signatories access to science-based carbon credits

Stuart Stone
clock 20 March 2025 • 4 min read
Forest carbon credits: Quality can't come cheap

Forest carbon credits: Quality can't come cheap

If we want high quality carbon credits that have tangible benefits for the climate, environment and communities to reach scale, then need to be willing to pay a higher price for them, argues Gabriel Labbate from the UN-REDD Programme

Gabriel Labbate, UN-REDD Programme
clock 13 March 2025 • 3 min read
Amazon's bold carbon credit plan to reshape forest economies

Amazon's bold carbon credit plan to reshape forest economies

The online retail and tech giant is betting that its new approach can avoid problems that have troubled previous protection projects

Jim Giles, Trellis
clock 07 March 2025 • 5 min read