ANALYSIS: New SBTi standard opens door for carbon markets, but guardrails will temper near-term demand

The Science-Based Targets initiative's (SBTi) long-awaited new Corporate Net-Zero Standard was widely welcomed for recognising companies that address their ongoing emissions, including with voluntary 'high-integrity' credit buying – but critiqued its lack of mandate on near-term action, which they said will significantly dampen the immediate market signal.