What SBTi 2.0 really means for carbon credit demand

This article examines how SBTi’s Corporate Net Zero Standard 2.0 will reshape carbon credit demand, highlighting the new Ongoing Emissions Responsibility (OER) program with three recognition tiers — Engaged, Advanced, and Leadership — that require companies to take responsibility for progressively larger shares of their emissions. It projects meaningful near-term demand for reductions and nature-based removals around $20-80 per tonne, while engineered carbon removal must wait until mandatory requirements begin in 2035, when companies must offset 1% of ongoing emissions with durable removal credits, scaling upward over time.