How Did The Kyoto Protocol Come To Be Established?

The Greenhouse Gas Protocol (GHGP) is a global framework established in 1998 to measure and manage greenhouse gas emissions from private and public sector operations, value chains, and mitigation actions. It was created to help countries and companies account for, report, and mitigate emissions, based on an action agenda identified by the Kyoto Protocol. The GHG Protocol was adopted in 1997, and it is linked to the UNFCCC and has binding targets for 37 industrialized countries.

The GHG Protocol provides standards and tools that help countries and cities track progress toward climate goals. It was established by the World Business Council for Sustainable Development (WBCSD), a CEO-led organization of over 225 international companies, and the World Resources Institute. The GHG Protocol first published its Corporate Standard in 2001 and last revised it in 2004. It now provides the accounting platform for corporations to calculate and report emissions.

The GHG Protocol was established in 1990 out of the need for a consistent framework for greenhouse gas reporting. It was jointly convened by the World Business Council for Sustainable Development (WBCSD) and the World Resources Institute. The GHG Protocol was launched in 2001 with the groundbreaking Corporate Accounting and Reporting Standard, developed by global multi-stakeholder organizations.

What are the five principles of GHG Protocol?

The five fundamental principles of GHG accounting—relevance, completeness, consistency, transparency, and accuracy—are of paramount importance for the accurate measurement and reporting of greenhouse gas emissions. These principles are indispensable for organizations to efficiently oversee their environmental impact and contribute to global initiatives aimed at mitigating climate change and transitioning to a low-carbon future.

What is the greenhouse gas related protocol?

The Greenhouse Gas Protocol is a widely utilized accounting standard for greenhouse gas emissions, employed by over 90% of Fortune 500 companies that submit reports to the CDP. It furnishes tools and standards to assist countries and cities in monitoring their progress toward climate objectives, thereby ensuring the accurate measurement and management of emissions.

When was the GHG Protocol released?

The GHG Protocol secretariat is reviewing survey submissions and proposals and developing workplans for each survey workstream. The protocol has a two-year timeline for its standards update process, with the official start informed by the restructuring of its governance. Drafts of revised text are expected in 2024, and final standards/guidance in 2025. More specific timelines will be shared via email to subscribers and posted on the protocol’s standards update process webpage.

Once revised standards and guidance are released, they will be available for public use on the protocol’s webpage. The transition period for adopting the revised standards will be decided by the protocol’s governance bodies. GHG disclosure and target-setting programs may also address this issue. The existing GHG Protocol standards and guidance will remain in effect until the protocol communicates otherwise.

Who is the owner of GHG Protocol?

The Greenhouse Gas Protocol (GHG Protocol) was established in 1998 by the World Business Council for Sustainable Development (WBCSD) and the World Resources Institute (WRI). WRI is a global research organization that focuses on transforming big ideas into action at the intersection of environment, economic opportunity, and human well-being. Their approach involves counting data, conducting independent research, and using the latest technology to develop insights and recommendations.

They also use their research to influence government policies, business strategies, and civil society action. They test projects with communities, companies, and government agencies to build a strong evidence base, and work with partners to deliver change that alleviates poverty and strengthens society.

Who created the GHG Protocol corporate standard?

The Greenhouse Gas Protocol (GHG Protocol) was established in 1998 by the World Business Council for Sustainable Development (WBCSD) and the World Resources Institute (WRI). WRI is a global research organization that focuses on transforming big ideas into action at the intersection of environment, economic opportunity, and human well-being. Their approach involves counting data, conducting independent research, and using the latest technology to develop insights and recommendations.

They also use their research to influence government policies, business strategies, and civil society action. They test projects with communities, companies, and government agencies to build a strong evidence base, and work with partners to deliver change that alleviates poverty and strengthens society.

What is the GHG Protocol methodology?

GHG Protocol is the world’s most widely used accounting standards and guidance for greenhouse gas emissions. It provides a framework for businesses, governments, and other entities to measure and report emissions in ways that support their missions and goals. In 2016, 92 of Fortune 500 companies used GHG Protocol directly or indirectly through a program based on it. The popularity of GHG Protocol standards and guidance is attributed to widespread stakeholder outreach and consultation facilitated by WRI and WBCSD during standard development projects.

What is the purpose of the Greenhouse Gas Protocol?

The Greenhouse Gas Protocol (GHG) is a global framework that provides standards, guidance, tools, and training for businesses and governments to measure and manage climate-warming emissions. It is based on a 20-year partnership between the World Resources Institute (WRI) and the World Business Council for Sustainable Development (WBCSD). The protocol works with various organizations, including governments, industry associations, NGOs, and businesses. The decision-making process for updating standards involves convening multiple groups, including a Steering Committee, an Independent Standards Board, and Technical Working Groups.

What is the difference between GHG Protocol and ISO 14064?

ISO and GHGP are two different calculation approaches for estimating indirect emissions. ISO provides more explicit guidance on selecting and developing calculation methods, while GHGP provides more guidance on identifying indirect emissions. Scope 2 is likely to be “shall” or “should”, with the latter being more important. There is a debate over whether to specify Full-Fuel-cycle emissions factors for energy indirects, or use only emissions from upstream fuel use.

GHGP has spent time on handling transmission and distribution losses, but if Energy indirects/Scope 2 are a “shall”, it is likely necessary to define upstream emission factor boundaries. The definition of energy indirects in GHGP would be more restrictive if partial or full fuel cycle emission factors were specified, as it does not cover petroleum product or gas manufacturing and distribution-related emissions.

What is the purpose of the greenhouse gas protocol?

The Greenhouse Gas Protocol (GHG) is a global framework that provides standards, guidance, tools, and training for businesses and governments to measure and manage climate-warming emissions. It is based on a 20-year partnership between the World Resources Institute (WRI) and the World Business Council for Sustainable Development (WBCSD). The protocol works with various organizations, including governments, industry associations, NGOs, and businesses. The decision-making process for updating standards involves convening multiple groups, including a Steering Committee, an Independent Standards Board, and Technical Working Groups.

What is the history of Greenhouse Gas Protocol?

The Greenhouse Gas Protocol (GHG Protocol) was established in 1990 to provide a consistent framework for measuring and managing greenhouse gas emissions. It collaborates with governments, industry associations, NGOs, and corporations to provide the world’s most widely used emission calculation guidelines. Nations and enterprises committed to the Paris Agreement are obligated to reduce their greenhouse gas emissions by tracking, disclosing, and mitigating their emissions by adhering to established criteria outlined in the GHG Protocol.

The GHG Protocol has played a pivotal role in promoting decarbonisation across public and private sectors by providing a unified framework for emissions management. Organizations looking to source carbon accounting software must ensure they source a decarbonisation platform that aligns with the principles of the GHG Protocol.

Who is behind the GHG Protocol?

The Greenhouse Gas Protocol Initiative is a collaborative endeavor between the World Resources Institute (WRI) and the World Business Council for Sustainable Development (WBCSD). It involves the participation of businesses, non-governmental organizations (NGOs), and governments with the objective of combating climate change.