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SBTi's revised net-zero standard proposes carbon removal for residual emissions
25 August 2025

SBTi's revised net-zero standard proposes carbon removal for residual emissions

he Science Based Targets initiative (SBTi) released the draft revision of its "Corporate Net-Zero Standard" on March 18. The revision proposes changes to the recognition of Scope 3 emission reduction and suggests that separate targets be set for Scope 1 and Scope 2 emissions. The draft also proposes allowing companies to use carbon removal credits to offset their residual emissions, which is expected to inject new momentum into the voluntary carbon market. he Science Based Targets initiative (SBTi) released the draft revision of its "Corporate Net-Zero Standard" on March 18. The revision proposes changes to the recognition of Scope 3 emission reduction and suggests that separate targets be set for Scope 1 and Scope 2 emissions.

Pilot Carbon Credit in Transportation Sector Towards Low-Carbon Solutions
14 July 2025

Pilot Carbon Credit in Transportation Sector Towards Low-Carbon Solutions

The United Nations Development Programme (UNDP) has organized a workshop to conclude the project "Development of Pilot Carbon Credit Projects in Transportation Sector" to share lessons learned and practical experiences from the project's implementation. The event brought together representatives of government agencies, organizations, and enterprises involved in the carbon credit market in the transportation sector.

Saudi Arabia advances net-zero goal with landmark carbon credit deal
16 June 2025

Saudi Arabia advances net-zero goal with landmark carbon credit deal

The long-term deal was signed between ENOWA — NEOM’s energy and water subsidiary — and the Voluntary Carbon Market Co., a unit of the Public Investment Fund.

[COP29] Carbon credit rules approved
11 April 2025

[COP29] Carbon credit rules approved

[COP29] Carbon credit rules approved, climate campaigners uneasy about rush The agreement on rules governing carbon credit trading at the end of the first day of COP29 in Baku has not satisfied climate campaigners: it was rushed.