VCM Report: SBTi uncertainty casts doubt over voluntary carbon market as N-GEO hits fresh low

Published 15:47 on August 5, 2024  /  Last updated at 15:47 on August 5, 2024  / Roy Manuell /  Americas, Asia Pacific, Aviation/CORSIA, EMEA, International, Kyoto Mechanisms, Nature-based, Voluntary

Liquidity remained thin and participants cited an uncertain outlook for the voluntary carbon market in the wake of a series of 'confusing' technical documents published by the Science Based Targets initiative (SBTi) last week, which confirmed that a final decision on carbon credit use under the organisation's corporate standard will take place at the end of 2025.
Liquidity remained thin and participants cited an uncertain outlook for the voluntary carbon market in the wake of a series of 'confusing' technical documents published by the Science Based Targets initiative (SBTi) last week, which confirmed that a final decision on carbon credit use under the organisation's corporate standard will take place at the end of 2025.


A Carbon Pulse subscription is required to read this content. Subscribe today to access our unrivalled news and intelligence, as well as our premium content including all job listings. Click here for details.

We offer a FREE TRIAL of our subscription service and it only takes a minute to register. If you already have a Carbon Pulse account, login here.