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International Business Times
International Business Times
Science
AFP News

Carbon Credits 'Ineffective', Says Corporate Climate Watchdog

Carbon credits are supposed to help tackle global warming by funding activities such as protecting tropical forests (Credit: AFP)

The world's top judge of corporate climate action on Tuesday described carbon credits as "ineffective" at addressing global warming and a risk for companies trying to reach net zero targets.

The use of credits by companies to make claims of carbon neutrality has long been challenged and the findings by the influential Science Based Targets Initiative (SBTi) were much anticipated.

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