Carbon removals and emissions reductions are not synonyms. So why are they treated as such? When the EU fails to separate removals from reductions in its climate targets, we veer off course to stop climate change. All-encompassing net targets stall real progress. Our new guide explains why separate targets matter and how they should be …
Read more “Beyond Net: A guide on separate permanent removal targets in the EU”
29 April 2026 | 10:00-11:30 CET | Online
A review of existing studies finds that there is insufficient evidence to support the hypothesis that corporate investments in the voluntary carbon market increase a company’s climate ambition.
Few climate instruments are as controversial as carbon credit markets: some see them a cost-efficient way to reduce or remove emissions globally and to help the Global South in the bargain, while others see a failure to deliver sufficient climate benefits, as well as inequitable, or even seriously negative, social consequences.
Amid soaring emissions, not one of the corporations evaluated in the latest Corporate Climate Responsibility Monitor received a clean bill of health for its climate strategy, though some isolated improvements occurred. This highlights the vital importance of governments stepping up to better regulate the climate action of the private sector.
In new guidance, the Voluntary Carbon Markets Integrity Initiative (VCMI) is promoting the use of carbon credits to camouflage the fact that companies grappling with their indirect (scope 3) emissions are off track to reach their commitments. But carbon credits must not replace direct emissions reductions, NGOs warn.
A revision of the Science Based Targets initiative’s CNZS v2.0 corporate net-zero standard reveals a welcome push towards greater accountability, despite some shortcomings.
This joint statement outlines a robust alternative to the “carbon neutrality” model of corporate climate finance.
Dozens of stakeholders have signed a joint statement urging companies and organisations to ditch outdated ‘carbon neutrality’ models and replace them with robust alternative approaches to climate action outside corporate value chains that provide much-needed finance without making unsubstantiated claims.
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