The latest SBTi draft corporate net-zero standard has made numerous changes that move in the right direction. We welcome the progress made in clarifying how carbon credits, removals, and climate finance can support corporate climate action and the effort to provide companies with a framework to address for their ongoing emissions.
Continued refinement is essential to unlock the full potential of corporate climate action, private
sector finance, and the use of carbon market mechanisms to support companies internal
decarbonisation.
