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'Overwhelming majority' of SBTi staff accuse board of trustees of 'undermining our Standard Operating Procedures and governance processes'
In a resignation letter, an adviser called carbon credits "scientifically, socially, and from a climate perspective a hoax."
The world’s main verifier of corporate climate targets will let companies use carbon credits to reduce the broadest scope of their emissions, relaxing earlier guidance and galvanizing a controversial market for green finance. The United Nations-backed Science Based Targets initiative said it will allow the use of credits to cut…
The market for carbon credits is still reeling from a period of turbulence, following revelations of projects that failed to deliver on emission cuts.
The market for carbon credits is still reeling from a period of turbulence, following revelations of projects that failed to deliver on emission cuts.