Carbon credit allowance can distract from emission-reduction efforts

08 May 2024 | BRIDGE TO INDIA

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Carbon credit allowance can distract from emission-reduction efforts

/ by BRIDGE TO INDIA

The Science Based Targets initiative (SBTi) recently permitted use of carbon credits for abating Scope 3 emissions, concluding a six-month long stakeholder consultation on evaluating the use of environmental certificates as a tool for supply chain decarbonisation. As per the decision, a third-party agency will be responsible for validating the quality of carbon credits. Rules and…

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