aDryada’s response to the SBTi Scope 3 consultation
As a company whose mission is to restore Nature, aDryada welcomes STBI’s desire to enhance the impact of its Corporate Net-Zero Standard, which has become a reference for corporates committed to fight against climate change.
In view of the controversies which have marred the voluntary carbon market for months and slowed down its development in the service of the climate, the company particularly welcomes the SBTI wish to better define what optimal use of carbon credits should be, so that they can support a rapid and massive development of projects with the highest positive impact on climate, while avoiding greenwashing.
As conducted, the SBTI consultation proposes two scenarios – including various options – in which companies could use carbon credits in their road to Net Zero: the “neutralization of residual emissions” and the “support of Beyond the Value Chain Mitigation strategies”.
aDryada considers projects with the highest impact on climate could be supported in these two scenarios, providing:
1. It is acknowledged that high-quality nature-based removal projects that need to be developed now can have a greater positive impact on climate than most reduction projects.
2. Effective incentives for buyers are defined in the two scenarios, so that large funding for high-impact projects is quickly unlocked, while avoiding greenwashing.