The Greenhouse Gas Protocol

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Reduction of greenhouse gas (GHG) emission, particularly from industrial production, to combat global climate change is one of the biggest sustainable development challenge for the international community. Countries are adopting Nationally Appropriate Mitigation Actions (NAMAs), low carbon development strategies and climate change policies to tackle issues of climate change and at the same time meet their development goals. At the global level, United Nations Framework Convention on Climate Change (UNFCCC) and Kyoto Protocol, have paved ways for voluntary GHG emission reduction targets. To facilitate the mitigation actions, carbon intensities of production process are tracked and GHG inventories are developed. Such accounting of GHGs is a common practice in developed countries and is increasingly being adopted in developing countries as well. However, need for an internationally acceptable standardized and comparable GHG accounting and reporting was felt necessary that lead to the establishment of the Greenhouse Gas Protocol (GHG Protocol), which has developed protocols, standards and guidelines for the objective.

What is the GHG Protocol?

The GHG Protocol is the most widely used and international accepted accounting tool or methodology to quantify, and manage GHG emissions. It serves as the foundation for nearly every GHG standard and program in the world - from the International Standards Organization (ISO) to The Climate Registry - as well as hundreds of GHG inventories prepared by individual companies. The GHG Protocol also offers developing countries an internationally accepted management tool to help their businesses to compete in the global marketplace and their governments to make informed decisions about climate chang...

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More information about GHG Protocol Initiative can be accessed from http://www.ghgprotocol.org/

Works Cited

CDP. 2011. CDP India 200 Report 2011: Accelerating Low Carbon Growth. London: Carbon Disclosure Project. Also available at: https://www.cdproject.net/CDPResults/CDP-2011-India-200-Report.pdf accessed on 27 March 2012.

CorporateRegister.com Ltd.. 2007. The Corporate Climate Communications Report 2007. London: CorporateRegister.com Ltd. Also available at http://www.corporateregister.com/pdf/CCCReport_07.pdf accessed on 27 March 2012.

WRI and WBCSD. 2007. Measuring to Manage: A Guide to Designing GHG Accounting and Reporting Programs. Washington, DC and Geneva: World Resources Institute and World Business Council for Sustainable Development. Also available at: http://www.wri.org/publication/measuring-to-manage accessed on 26 March 2012.

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