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Why The Science-Based Targets Initiative Are Turning To Carbon Removals


Published on 2025-02-18 02:22:18 - Forbes
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  • Businesses that fail to invest in carbon removals now will find themselves scrambling for limited, expensive solutions down the road.

The article by Phil de Luna for Forbes, published on February 17, 2025, discusses the increasing focus of the Science Based Targets initiative (SBTi) on carbon removals as a critical strategy for achieving net-zero emissions. SBTi, which helps companies set science-based targets to reduce greenhouse gas emissions, is now recognizing the necessity of carbon removal technologies due to the slow progress in emission reductions and the urgent need to address residual emissions. The article highlights how carbon removals, including methods like direct air capture, bioenergy with carbon capture and storage (BECCS), and afforestation, are becoming integral to corporate climate strategies. It also notes the challenges associated with these technologies, such as high costs, scalability issues, and the need for robust verification methods to ensure the removals are permanent and additional. The shift towards incorporating carbon removals into corporate targets reflects a broader acknowledgment that alongside reducing emissions, actively removing carbon from the atmosphere is essential to meet the Paris Agreement goals.

Read the Full Forbes Article at:
[ https://www.forbes.com/sites/phildeluna/2025/02/17/why-the-science-based-targets-initiative-are-turning-to-carbon-removals/ ]