New Guidelines Improve Accounting for Energy Sector Carbon Offsets
WASHINGTON, DC, September 7, 2007 — Quantifying the greenhouse gas emissions benefits of renewable energy and energy-efficiency projects is now easier with today’s release of new accounting guidelines by the World Resources Institute (WRI) and the World Business Council for Sustainable Development (WBCSD). The Guidelines for Quantifying GHG Reductions from Grid-Connected Electricity Projects is a how-to manual based on the “GHG Protocol for Project Accounting,” previously developed by the two organizations. “Accounting for GHG reductions from grid electricity projects is complicated, but it’s a critically important sector for climate change,” said Derik Broekhoff, a senior associate at WRI and the lead author...Read More
LULUCF Performance Standard Approach Met with Enthusiasm at Nairobi Launch
Project developers are concerned that high transaction costs and uncertainty around the acceptance of projects by governing bodies is limiting the number of projects being developed in Africa and around the world. This concern has resulted in an interest in thinking about GHG project development differently. Stakeholders were interested to hear more about the performance standard approach for Land Use, Land-Use change and Forestry (LULUCF) projects at the Nairobi Conference of Parties (COP-12), which provides a methodology for setting a multi-project GHG removal baseline for GHG Projects.Read More
WRI Team travels to Nairobi to launch LULUCF Guide to Project Accounting
On Nov. 7, Florence Daviet and Suzie Greenhalgh of WRI will travel to Nairobi, Kenya to present the “Land use, Land-use change and Forestry Guidance for GHG Project Accounting” (LULUCF) at the Climate Change Conference of Parties (COP-12).Read More
