International > Aviation/CORSIA > VCM Report: SBTi uncertainty casts doubt over voluntary carbon market as N-GEO hits fresh low

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 / / Americas, Asia Pacific, CO2 Management (Engineered Removals), EMEA (Europe), Insights (VCM Reports), International (Aviation/CORSIA), Nature-based Carbon (Forestry), Net Zero Transition (Industrial Decarbonisation, Litigation, Power/Electrification, Transport & Heating Fuels), Voluntary (VCM Governance)

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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.


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