Americas > SBTi Scope 3 decision could create a $1.1 trillion carbon market -BNEF

SBTi Scope 3 decision could create a $1.1 trillion carbon market -BNEF

Published 01:49 on April 17, 2024  /  Last updated at 01:49 on April 17, 2024  / Mark Tilly /  Americas, Asia Pacific, EMEA, International, Nature-based, Voluntary

Annual demand for high quality carbon credits under the Science-based Target initiative’s (SBTi) proposed new Scope 3 emissions offsetting rules could reach 5.9 billion tonnes by 2050, according to analysts, despite the significant uncertainty caused by the backlash in the wake of the announced changes.
Annual demand for high quality carbon credits under the Science-based Target initiative’s (SBTi) proposed new Scope 3 emissions offsetting rules could reach 5.9 billion tonnes by 2050, according to analysts, despite the significant uncertainty caused by the backlash in the wake of the announced changes.


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