New net zero standard favours SBTi guidance on offsetting

Published 23:00 on March 11, 2021  /  Last updated at 21:42 on March 15, 2021  /  Africa, Americas, Asia Pacific, China, China's Offset Market, EMEA, International, US, Voluntary Market  /  No Comments

The Institutional Investors Group on Climate Change (IIGCC) this week released the implementation guide for its net zero framework, building on the roadmap from the Science-Based Targets Initiative (SBTi) by intentionally downplaying the role of offsets to encourage absolute reductions over the long term.

The Institutional Investors Group on Climate Change (IIGCC) this week released the implementation guide for its net zero framework, building on the roadmap from the Science-Based Targets Initiative (SBTi) by intentionally downplaying the role of offsets to encourage absolute reductions over the long term.

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