Luiz Amaral, who was the SBTi’s first CEO when appointed in 2022, is exiting his role as chief executive of SBTi at the end of this month.
Carbon offsets undermine climate targets, say non-profits
More than 80 leading non-profits have hit out at the use of carbon offsets to meet climate targets, highlighting key issues with the practice.
Carbon offsets market plunges over 60% amid environmental concerns
Research by Ecosystem Marketplace, a nonprofit focused on the carbon market, reveals the carbon offsets market was down 61% from $1.9bn (£1.5bn) in 2022 to $723m in 2023.
EU gives final green light on greenwashing crackdown law
The EU has given its final green light on a law that will ban carbon neutral claims, aiming to protect consumers against greenwashing.
Verra’s carbon offset schemes ‘not stopping’ deforestation
Many Verra’s carbon offsetting schemes are “not stopping any deforestation at all or stopping very small amounts”.
Tree-planting schemes threaten tropical biodiversity for ‘little carbon gain’
Tree-planting schemes threaten tropical biodiversity for “little carbon gain,” argue ecologists from the University of Oxford.
Data: around 80% of carbon offset projects are ‘likely junk’
Around 80% of carbon offset projects are ‘likely junk’, reveals new data from Corporate Accountability and the Guardian.
Carbon credits put ‘forest communities at risk’, says new research
Carbon credits put ‘forest communities’ at risk and needs to be replaced, suggests new research by UC Berkeley Carbon Trading Project.
Nestlé drops its ‘carbon neutral’ pledge and cancels carbon offsetting
Nestlé has withdrawn its sustainability pledges to make certain brands ‘carbon neutral’ and is stopping its use of carbon offsets.
UK and France launch initiative to support companies investing in biodiversity
The UK and France have set out a global roadmap to support companies contributing to biodiversity and nature recovery in accordance with COP15.
