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Global South organisations urge SBTi to allow carbon credits

Over 100 organisations from across the Global South have urged the Science-based Targets Initiative (SBTi) to allow the use of carbon credits, alleging that their communities are being "ignored by the decision makers".

Academics criticise SBTi's 'arbitrary and restrictive' approach

The Science Based Targets initiative (SBTi) has been criticised by a group of academics for taking a "prescriptive" approach to emissions reductions and carbon offsets.

EXCLUSIVE: SBTi called on by 'Global South' to 'set a new direction'

The Science-Based Targets Initiative (SBTi) has been called on by 69 organisations, who claim to represent the Global South, to allow the use of carbon offsets, alleging that their view is being ignored "by the decision makers" in the Global North.

SBTi urged by nature investors to allow offsets

A group of prominent nature investors and conservation advisers have urged the Science-based Targets initiative (SBTi) to allow offsets within transition plans and proposed key principles to ensure 'guardrails' are put in place.

West African countries urge SBTi to allow carbon offsetting

A coalition of West African countries has weighed in to the row about whether carbon offsets should be used to help meet net zero targets.

Natural Capital Investment Americas 2023: Investor hopes the SBTi will 'endorse' carbon credits

An Environmental Finance conference has heard hopes from market participants that the Science-based Targets Initiative (SBTi) will "endorse" the use of carbon credits as part of net zero targets.

SBTi's financial sector framework will enhance its credibility, says IEEFA

The Science Based Targets initiative's (SBTi) proposed standards for financial institutions will help boost the initiative's credibility, says the Institute for Energy, Economics and Financial Analysis (IEEFA) - although there is still room for improvement.

SBTi 'increases ambition' for financial institutions on emissions reduction targets

The Science Based Targets initiative (SBTi) has launched "more ambitious" draft emissions reduction target guidance that will require financial institutions to further align with a 1.5°C pathway.

People moves, 31 March: Impax, SBTi, Finance for Biodiversity, GSSB ... and more

SBTi rules out mandating annual target reviews

The Science Based Targets initiative (SBTi) has told Environmental Finance it will not mandate companies to annually review emissions reductions targets and has ruled out setting a universal base year against which to benchmark reductions.