Actions and Market Instruments Standard
GHG Protocol is in the process of developing a new Actions and Market Instruments (AMI) Standard that proposes the introduction of a multi-statement reporting structure, enabling companies to completely and transparently report on impacts of actions and market instruments in a credible manner within a corporate GHG report. Clear guidance on how to account for AMI across sectors in GHG reports will help unlock the investments required for decarbonization, among others in hard-to-abate sectors, while strengthening the integrity of GHG accounting and reporting. Current proposals include, but also reach beyond, investments that establish physical traceability, such as in the electricity sector (e.g., virtual power purchase agreements), industry (e.g., green steel, chemicals, and cement certificates), transport (e.g., biomethane certificates and sustainable aviation fuel), and agriculture.
Actions and Market Instruments (AMI) Request for Information
The Actions and Market Instruments workstream recently completed a Request for Information on their Actions and Market Instruments White Paper, which summarizes the outcomes of Phase 1 of the standard development process. The most significant development proposed in the White Paper is the introduction of a multi-statement accounting and reporting structure for GHG reports. For an overview of what the AMI White Paper covers, please see this blog.
GHG Protocol received almost 500 stakeholder responses and thanks all who took the time to submit feedback. The AMI Secretariat is now working to summarize this feedback and will be publishing an overview of the feedback in the coming months.
Please note that the AMI White Paper is not yet a draft standard.
A formal public consultation on a draft standard is planned for Q3 2027.
