Evidence synthesis report on the effectiveness of carbon credits

This report, published in July 2024, synthesises the SBTi's research into the effectiveness of environmental attribute certificates. As the first of three parts, this edition focuses on carbon credits. It analysed 406 pieces of evidence to conclude that carbon credits can be ineffective for delivering mitigation outcomes and that there could be clear risks to the corporate use of carbon credits for offsetting. NOTE: This is in contrast to the findings of other studies.