Search results
Results from the WOW.Com Content Network
The GHG Protocol Corporate Standard (GHG Protocol Corporate Accounting and Reporting Standard, GHGPCS) is an initiative for the global standardisation of emission of greenhouse gases in order that corporate entities should measure, quantify, and report their own emission levels, so that global emissions are made manageable.
The accounting principles in the GHG Protocol for Project Accounting include relevance, completeness, consistency, transparency, accuracy and conservativeness. [93] Like the ISO standard, the protocol's focus is on core accounting principles and impact quantification, rather than the programmatic and transactional aspects of carbon credits.
The measurement protocol itself: This may be via direct measurement or estimation. The four main methods are the emission factor-based method, mass balance method, predictive emissions monitoring systems, and continuous emissions monitoring systems. These methods differ in accuracy, cost, and usability.
ISO 14064-3 specifies requirements for selecting GHG validators/verifiers, establishing the level of assurance, objectives, criteria and scope, determining the validation/verification approach, assessing GHG data, information, information systems and controls, evaluating GHG assertions and preparing validation/verification statements.
The Kyoto Protocol includes additional requirements for national inventory systems, inventory reporting, and annual inventory review for determining compliance with Articles 5 and 8 of the Protocol. Project developers under the Clean Development Mechanism of the Kyoto Protocol prepare inventories as part of their project baselines.
On 25 July 1997, before the Kyoto Protocol was finalized (although it had been fully negotiated, and a penultimate draft was finished), the US Senate unanimously passed by a 95–0 vote the Byrd–Hagel Resolution (S. Res. 98), [90] [91] which stated the sense of the Senate was that the United States should not be a signatory to any protocol ...
The Protocol was based on the principle of common but differentiated responsibilities: it acknowledged that individual countries have different capabilities in combating climate change, owing to economic development, and therefore placed the obligation to reduce current emissions on developed countries on the basis that they are historically ...
Similar to the Clean Development Mechanism of the Kyoto Protocol, it establishes a centralized program to trade GHG emission reductions between countries, supervised by a UNFCCC supervisory board. Countries, companies, and individuals can buy Emission Reduction (ER) credits purchased under this program.