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10. April, 2024

SBTi extends the use of EACs for Scope 3 emissions management

EACs
Mary Polovtseva

In Q3 2023, the SBTi announced a call for evidence on the effectiveness of EACs in climate targets. The consultation lasted from 21 September to 24 November 2023; the initiative then reported to the Board of Trustees a summary of the survey results, which were not made publicly available.

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Recognising that there are ongoing discussions as to the certificates’ effectiveness, the SBTi recently concluded that “when properly supported by policies, standards and procedures based on scientific evidence, the use of EACs for abatement purposes on Sc…

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Carbon
EU ETS1, EU ETS2, North American Carbon, GCC
Carbon
EU ETS1, EU ETS2, North American Carbon, GCC
Fuels
Biomethane, Transport fuels
Fuels
Biomethane, Transport fuels
Power Purchase
Agreements (PPAs)
Asset valuation, Deal flow, Market prices
Power Purchase
Agreements (PPAs)
Asset valuation, Deal flow, Market prices
Energy Attribute Certificates (EAC)
GOs, REGOs, Global Certificates
Energy Attribute Certificates (EAC)
GOs, REGOs, Global Certificates

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