What is 'greenhouse gas protocol'?a)It is an international accounting ...
- GHG Protocol establishes comprehensive global standardised frameworks to measure and manage greenhouse gas (GHG) emissions from private and public sector operations, value chains and mitigation actions.
- Building on a 20-year partnership between World Resources Institute (WRI) and the World Business Council for Sustainable Development (WBCSD), GHG Protocol works with governments, industry associations, NGOs, businesses and other organisations.
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What is 'greenhouse gas protocol'?a)It is an international accounting ...
Greenhouse Gas Protocol is an international accounting tool for government and business leaders to understand, quantify, and manage greenhouse gas emissions. It is a widely used global standard for measuring and reporting greenhouse gas emissions.
Explanation:
Greenhouse Gas Protocol was developed by the World Resources Institute (WRI) and the World Business Council for Sustainable Development (WBCSD) in 1998. It has since become the most widely used international accounting tool for measuring and managing greenhouse gas emissions.
The protocol provides a standardized framework for companies and governments to measure and report their greenhouse gas emissions. It covers a range of emissions sources, including direct emissions from sources owned or controlled by the organization (Scope 1), indirect emissions from the generation of purchased energy (Scope 2), and emissions from sources not owned or controlled by the organization, such as from the production of purchased materials or the transportation of goods (Scope 3).
The protocol also includes guidance on setting emission reduction targets, tracking emissions over time, and reporting emissions data in a transparent and consistent manner.
The Greenhouse Gas Protocol has been widely adopted by businesses, governments, and other organizations around the world. It is used by companies to set emission reduction targets, report emissions data to stakeholders, and track progress over time. Governments also use the protocol to develop greenhouse gas inventories and to inform climate policy.
In summary, the Greenhouse Gas Protocol is an international accounting tool that provides a standardized framework for measuring, reporting, and managing greenhouse gas emissions. It has become a widely used global standard for measuring and managing greenhouse gas emissions, and it is used by businesses, governments, and other organizations to set emission reduction targets, track emissions over time, and report emissions data in a transparent and consistent manner.
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