Silke Mooldijk works at NewClimate Institute and is part of the core team behind the Corporate Climate Responsibility Monitor.
A decade ago, the Science-based Targets initiative (SBTi) was launched with the goal of mobilising the private sector for climate action.
Today, it stands as the largest and most influential validator of corporate climate targets, having confirmed the 2030 goals of around 5,000 companies.
Yet new analysis reveals a leniency within the initiative. According to the 2024 Corporate Climate Responsibility Monitor (CCRM), the emissions reduction commitments of 51 major global corporates are falling short of what’s needed at the global level.
Surprisingly, most of these companies received SBTi validation for their targets to be aligned with the 1.5ºC warming limit backed by governments in the Paris climate agreement.
What explains this discrepancy?
UN climate chief calls for “quantum leap in climate finance”
Currently, the SBTi’s 2030 target validations often overlook substantial shares of companies’ full value chain emissions by excluding upstream and downstream value chain emissions, known as “scope 3”. Scope 3 emissions account for the majority of corporate greenhouse gas footprints, sometimes exceeding 95%.
The SBTi requires companies to set a near-term target for scope 3 emissions, but only when those emissions account for more than 40% of their greenhouse gas footprint. However, these targets do not have to cover all scope 3 emissions and only need to be aligned with global warming of 2ºC or well below 2ºC, not 1.5ºC.
While the SBTi checks whether companies have set a scope 3 target, the initiative does not provide a temperature classification for these scope 3 targets – only for companies’ scope 1 and 2 targets, which apply to direct operations and their energy use.
Spring Meetings can jump-start financial reform for food and climate
This important nuance is often missed by the public, as many companies nonetheless prominently advertise their scope 3 climate targets as science-based.
Take Fast Retailing, owner of clothing chain Uniqlo, for example. The company pledges to reduce its operational emissions (scope 1 and 2) by 90% by 2030, which represent just 5% of its total emissions.
It also commits to reduce its emissions from procured goods and materials (scope 3) by 20% by the end of this decade. However, upstream emissions in the fashion sector need to be reduced by around 40% to be aligned with global warming of 1.5ºC.
Whereas the SBTi validated the target for operational emissions as “1.5ºC temperature aligned”, the initiative did not provide a temperature classification for the scope 3 target.
European court rules climate inaction by states breaches human rights
Yet Fast Retailing also describes this target as “science-based”. This pattern is not unique to Fast Retailing but common across companies validated by the SBTi.
As a voluntary organisation primarily funded by third parties, the SBTi relies on the voluntary participation of companies. Its methodologies need to accommodate the perspectives of various stakeholders.
This may explain why the SBTi’s methodologies for 2030 targets are not necessarily always aligned with the scientific consensus on limiting global warming to 1.5ºC.
However, addressing the lack of stringency in scope 3 targets is key to ensuring that the SBTi can effectively drive corporate climate ambition.
Offsetting controversy
Despite the large degree of leniency that already exists in scope 3 standards today, there is a significant risk that the rules will be loosened even further.
Just this week, the SBTi Board of Trustees issued a unilateral and possibly illegitimate decision to revise scope 3 standards to allow for carbon offsetting.
This decision is not based on scientific insights but comes after a lot of pressure on the SBTi from supporters of carbon markets. SBTi staff have already reacted strongly to voice their discontent with the decision and the process.
Introducing offsetting in the SBTi scope 3 standards could effectively nullify already insufficient targets, reversing years of incremental progress that SBTi and its member companies have fought so hard to achieve.
Forest carbon accounting allows Guyana to stay net zero while pumping oil
Allowing companies to offset their emissions could also deprive their suppliers – who are often located in the Global South – of much needed financial and technical support for their own emissions reduction efforts.
Climate target-setting has become standard practice in the corporate world – progress the SBTi helped foster over the past decade. But the recent decision by the SBTi Board of Trustees on offsetting could bring any further advances to a halt.
Reversing this decision and tightening the rules for scope 3 targets would be the next step to propel corporate climate ambition forward.
The post SBTi needs tighter rules on companies’ indirect emissions appeared first on Climate Home News.
Climate Change
DeBriefed 10 April 2026: Worst energy crisis ‘ever’ | India withdraws COP33 bid | Drag artists and climate change
Welcome to Carbon Brief’s DeBriefed.
An essential guide to the week’s key developments relating to climate change.
This week
Ceasefire causes oil price drop
CEASEFIRE SLUMP: Following the announcement on Tuesday of a two-week ceasefire agreement between Iran and the US and Israel, oil prices dropped below $96 per barrel, according to the Associated Press. However, price volatility resumed when a Saudi Arabian oil pipeline was hit just hours later, according to Reuters.
CRISIS COMBINED: Reuters and other outlets covered comments made by the International Energy Agency’s Fatih Birol to Le Figaro, where he said that the current energy crisis is worse than those of “1973, 1979 and 2022 combined”. It added that Birol said the “world has never experienced a disruption to energy supply of such magnitude”.
POLLUTERS PROFIT: The Guardian covered how the “worst polluters hold [the] world’s future in their hands as they benefit from higher fossil fuel prices”, but it added “global trends favour renewables”. The South China Morning Post reported that, according to experts, the diversification of energy sources is set to accelerate as the war continues to disrupt the world’s energy supplies.
Around the world
- CLIMATE GOALS PERIL: The UK opening new oil and gas fields in the North Sea “would imperil” international climate goals, experts told the Guardian. The warning came as the government pushed back against the speculation that it is set to approve new drilling projects, according to Sky News.
- COP33 CHANGES: The Indian government has withdrawn its offer to host the COP33 climate summit, “following a review of its commitments for the year 2028”, reported Climate Home News.
- ‘LONG-LASTING’ SHOCK: The Financial Times covered comments by EU energy commissioner Dan Jørgensen that the bloc was bracing for a “long-lasting” energy shock from the Iran war. Reuters reported that five EU countries have called for a windfall tax on energy companies’ profits in response to rising fuel prices.
- US BUDGET CUTS: US president Donald Trump’s 2027 budget proposal included targeting the “green new scam” with substantial cuts to energy and environment programmes, according to the Los Angeles Times.
- AFGHAN FLOODS: Since 26 March, at least 148 people have died and 216 have been injured due to heavy rains, floods, earthquakes and landslides in Afghanistan, reported Reuters.
- PENGUINS ENDANGERED: The “mass drowning” of emperor penguin chicks as sea ice melts due to climate change has led the International Union for Conservation of Nature to declare the species officially in danger of extinction, according to the Guardian.
86,120
The record number of battery electric vehicle sales registered in the UK in March, making up 22.6% of the total car market, according to the Society of Motor Manufacturers and Traders.
Latest climate research
- More than a quarter of the world’s population will face more frequent and severe hot-and-dry extreme events by 2100 under current climate policies | Geophysical Research Letters
- Climate change will increase wildfire exposure for nearly 10,000 species by the end of the century | Nature Climate Change
- A variety of climate hazards critically expose up to 30% of southern Africa to “environmental degradation” | PLOS One
(For more, see Carbon Brief’s in-depth daily summaries of the top climate news stories on Tuesday, Wednesday, Thursday and Friday.)
Captured
Carbon Brief analysis found that, since the beginning of the Iran war in late February, at least 60 countries have announced nearly 200 emergency energy-saving measures. Around 30 nations, from Norway to Zambia, have cut fuel taxes to help people struggling with rising costs, making this by far the most common domestic policy response to the crisis, said the analysis. Some countries have stressed the need to boost domestic renewable-energy construction, while others – including Japan, Italy and South Korea – have opted to lean more on coal, at least in the short term.
Spotlight
How drag is tackling climate change
This week, Carbon Brief looks at how some drag artists are using their performances to draw attention to climate change
Back in 2005, veteran climate journalist Bill McKibben wrote that “what the warming world needs now is art, sweet art” to help “build a general consciousness about climate change”.
Since then, the topic of climate change has spread to a host of art forms, from literature and music through to comedy and film.
One of the most recent art forms to take up the climate communication baton is drag, with performers using it as a “Trojan horse” to engage with audiences, according to Cheddar Gorgeous, a British drag performer.
‘Joy inspires momentum’
Drag artists around the world have begun to draw attention to the climate movement, using creativity, entertainment and their platforms to engage with their audiences.
In the UK, Cheddar Gorgeous declined a nomination for the British LGBT Awards due to its sponsorship by Shell and has made repeated calls for climate action.
Speaking on the “climate quickie” TEDx podcast, she argued:
“Drag can disrupt the master narratives that dictate our society. I love drag that makes you look at yourself and look at the world in a different way. And that can be deployed in all sorts of exciting ways.”
Drag has a proud history of disruption. As part of a TED talk titled, “Why joy is a serious way to take action”, US drag queen Pattie Gonia provided the audience with some “herstory” about the role of drag within protests. She said:
“Since the birth of the queer rights movement, drag performers and trans people have always been on the forefront of organising and protesting and community building.
“When we had the statistics and the facts on the millions of queer people dying of AIDS, yet no one was joining our fight, drag performers turned pain into joy and, in doing so, welcomed millions more people to fight with us.”
Pattie Gonia is arguably the best-known drag artist to engage with climate change. She is currently touring her environmental drag show “SAVE HER!” and has, according to her website, fundraised more than “$4.7m for LGBTQIA+, BIPOC and environmental non-profits”.
A key part of her message is the need for diversity and inclusion within the climate movement, adding that “our creativity is critical in this climate dilemma”. In her TED talk, she added:
“The problem in the climate movement isn’t just the abundance of carbon; it is the lack of joy. The scientific facts, the doom and gloom, they scare people, they wake them up. But joy is what will get people out of bed every day to take more action.”
Alongside Pattie Gonia, climate conversations are filtering into the wider drag movement, including being a topic repeatedly touched on in the highly successful TV drag contest, RuPaul’s Drag Race.
This ranges from drag artist Asia O’Hara explaining what global warming is in season 10 – telling her fellow contestants: “Bitch, the ice is melting!” – to queens dancing to “97% of scientists and four out of four Drag Race judges agree” that climate change “is real” during a challenge in season 11. (Drag Race host RuPaul Andre Charles has faced criticism for reportedly allowing fracking on his Wyoming ranch.)
Drag is opening up the climate movement to a wider audience, promoting diversity, inclusion and creativity in the space, according to its advocates. For Pattie Gonia, a key part of climate action has to be joy, she added:
“Joy provides an unbelievable opportunity to make the climate movement irresistible. Do not underestimate the power of joy. We deserve more than doom and gloom, because this is the only planet with a Beyoncé on it.”
Watch, read, listen
COOPERATION OVER CHAOS: In the Indian Express, Simon Stiell, the executive secretary of UN Climate Change, argued that “climate cooperation offers a way out of energy price chaos”.
ELECTRIC WORLD ORDER: On the Polycrisis podcast, Mark Blyth, a professor of international economics at Brown University, and Dr Naa Adjekai Adjei, a non-resident fellow, Africa, at the China Global South Project, discussed “what the US dollar has to do” with energy access in Africa.
‘THE RECKONING’: In the Equator, Mona Ali, associate professor of economics at the State University of New York, explored the closure of the Strait of Hormuz and the “end of American hegemony”.
Coming up
- 12 April: Hungarian elections
- 12 April: Peruvian elections
- 13-18 April: World Bank and International Monetary Fund Spring Meetings, Washington, DC, US
- 14 April: IEA Oil Market Report launch
Pick of the jobs
- Global Witness, several climate change jobs | Salary: Varied. Location: London
- London School of Economics, policy fellow – climate, gender and inclusivity | Salary: £53,949-£62,160. Location: London
- Climate Group, senior manager, international policy and advocacy | Salary: £47,160-£49,930. Location: London
- WWF, Nedbank green trust manager | Salary: Unknown. Location: Cape Town or Johannesburg, South Africa
- Greenpeace Australia Pacific, creative producer | Salary: AU$101,272. Location: Australia
- The Fairness Project, climate policy researcher | Salary: $96,000. Location: Remote (US)
DeBriefed is edited by Daisy Dunne. Please send any tips or feedback to debriefed@carbonbrief.org.
This is an online version of Carbon Brief’s weekly DeBriefed email newsletter. Subscribe for free here.
The post DeBriefed 10 April 2026: Worst energy crisis ‘ever’ | India withdraws COP33 bid | Drag artists and climate change appeared first on Carbon Brief.
The state Senate’s version of the bill offers more opportunities for utilities to profit, leading some observers to question whether the legislation will substantively lower costs for customers.
In its most recent energy affordability legislation, the Maryland Senate has reversed key utility accountability proposals passed by the state House and added new ways for utility companies to earn profit, including by reviving a billion-dollar gas subsidy that requires all ratepayers to cover the cost of running new gas pipelines to housing developments.
Utility Accountability Bills Divide Maryland’s Democratic Leadership
Marcelo Behar is the COP30 Special Envoy for Bioeconomy and co-founder of Ambition Loop Brazil.
Can we be the generation to end the rampant deforestation that is harming the planet’s ecosystems and climate? Back in February, the Brazilian COP30 Presidency opened a call for submissions on its proposed Roadmap for Halting Deforestation and Forest Degradation, which closes today.
What might look like a technical step quickly drew significant attention, with more than 100 responses submitted by governments, civil society organisations, businesses and other stakeholders.
This level of engagement is telling. It reflects both the urgency of the issue and the recognition that this process could shape whether the global goal to end deforestation by 2030 finally moves from ambition to delivery.
As a Brazilian, I see this moment with both pride and realism. Brazil has played a central role in elevating forests on the climate agenda, and the COP30 Presidency has shown leadership in carrying this issue forward far beyond the Belém summit.
COP30 rainforest fund unlikely to make first payments until 2028
But last year also offered a sobering signal. Despite strong efforts from the Brazilian Presidency, the proposed roadmap did not secure consensus in the final outcome of COP30. That outcome underlined a simple truth: while there is broad recognition of the importance of forests, agreeing on how to move forward remains complex. The road ahead is still long and likely uneven.
That is precisely why this moment matters.
Progress on commitments falling short
The world is not short of commitments. Over the past decade, countries have repeatedly pledged to halt and reverse deforestation by 2030. There is a growing body of experience through the REDD+ (Reducing Emissions from Deforestation and Degradation) programme, including the emergence of jurisdictional approaches that are beginning to connect forest protection with finance at scale.
Initiatives such as the Forest and Climate Leaders’ Partnership have helped sustain political attention and cooperation among countries, while national strategies continue to evolve, and Indigenous Peoples and local communities remain at the forefront of protecting forests.
And yet, progress is still falling short.
The gap is not only one of alignment. It is also one of political will – and of having a credible, shared pathway that brings together these efforts in a way that drives implementation at scale.
Civil society is watching this process closely. For many organisations working across climate, nature and conservation, this is not just another initiative – it is a priority. After years of advocating to end deforestation, there is a strong sense that this moment cannot be lost. The expectation is clear: this roadmap must move beyond intention and help unlock real progress.
The opportunity now is to ensure that it does exactly that. This cannot become another report.
Implementation key to roadmap success
A detailed assessment of pathways and challenges, however valuable, will not be enough to change outcomes on the ground. What is needed is an implementation roadmap, one that connects existing commitments, aligns incentives and provides clarity on how to move from ambition to delivery between now and 2030.
The consultation process is an important step. But its value will ultimately be judged by what it produces.
If the roadmap is to succeed, several priorities should guide its development.
-
With no COP30 roadmap, hopes of saving forests hinge on voluntary initiatives
The world is falling short of a target to halt deforestation by 2030, but the “Amazon COP” failed to agree a concrete global plan to save rainforests despite backing by over 80 nations -
Deep in the Amazon, forest protection cash must vie with glitter of illegal gold
The TFFF fund launched at COP30 aims to pay communities to protect the rainforest, but will it be enough? On French Guiana’s border with Brazil, the profits to be had from mining are far higher
First: policy. It must be designed as a tool for implementation. That means going beyond diagnosis to define concrete action: who needs to act, by when, and how progress will be tracked. The solutions are not new, but coordination has been missing.
Second: accountability. It should bring coherence to the existing landscape. The value of a roadmap lies not in creating new commitments, but in connecting what already exists: global targets, REDD+ experience, national action plans, Indigenous leadership and supply chain initiatives. Reducing fragmentation is essential to accelerating delivery.
Early milestones needed
Third: finance. It must be grounded in economic reality. Halting deforestation will not happen without addressing the incentives that underpin it. Aligning public finance, private investment, and market demand with forest protection is not a technical detail; it is the core of the transition.
Fourth: transparency. Legitimacy will depend on openness. A credible roadmap cannot be developed behind closed doors. Governments, Indigenous Peoples and local communities, civil society, business and finance actors all have a role to play and must be able to see how their contributions shape the outcome.
Fifth: urgency. Progress must be visible in 2026. Without early milestones, momentum will fade. By the time climate negotiators gather in Bonn mid-year, the roadmap should have a clear structure, priority actions and growing political backing.
Governments must deliver on the plan
Finally, countries themselves will need to step forward. Last year’s outcome showed that support alone is not enough. Delivering this roadmap will require active political engagement. That means governments that are willing not only to participate in the process, but to help shape and implement it.
Brazil has created an important opening. It has also taken on the responsibility that comes with leadership: to help turn a widely supported idea into something that can deliver in practice.
The commitment to end deforestation by 2030 already exists. What is still needed is a path. And the courage to walk it.
The post How a Brazil-led roadmap can rescue global pledge to halt deforestation appeared first on Climate Home News.
How a Brazil-led roadmap can rescue global pledge to halt deforestation
AI Data Centers Power Crisis: Massive Energy Demand Threatens Emissions Targets and Latest Delays Signal Market Shift
DeBriefed 10 April 2026: Worst energy crisis ‘ever’ | India withdraws COP33 bid | Drag artists and climate change
Utility Accountability Bills Divide Maryland’s Democratic Leadership
-
Climate Change8 months ago
Guest post: Why China is still building new coal – and when it might stop
-
Greenhouse Gases8 months ago
Guest post: Why China is still building new coal – and when it might stop
-
Greenhouse Gases2 years ago嘉宾来稿：满足中国增长的用电需求 光伏加储能“比新建煤电更实惠”
-
Climate Change2 years ago
Bill Discounting Climate Change in Florida’s Energy Policy Awaits DeSantis’ Approval
-
Climate Change2 years ago嘉宾来稿：满足中国增长的用电需求 光伏加储能“比新建煤电更实惠”
-
Climate Change Videos2 years ago
The toxic gas flares fuelling Nigeria’s climate change – BBC News
-
Renewable Energy6 months agoSending Progressive Philanthropist George Soros to Prison?
-
Carbon Footprint2 years agoUS SEC’s Climate Disclosure Rules Spur Renewed Interest in Carbon Credits