On the evening of April 14th, WRI filled a role not normally reserved for environmental think tanks: VIP guest at a high-profile New York restaurant opening. Otarian, now open in New York City’s West Village, is a new boutique fast-casual restaurant chain based on the principles of sustainability and vegetarianism. Otarian is also the first global restaurant chain to track the carbon footprint of all of its menu items.
On October 4th the GHG Protocol launched the new Product Life Cycle and Corporate Value Chain Standards with events in New York City and London. The global press launch of the Standards in New York City occurred in conjunction with WRI’s Corporate Consultative Group (CCG) fall meeting. CCG is a group of 150-200 representatives of large corporations, mainly sustainability managers, who are coming to engage with WRI experts – and with each other – to access environmental intelligence in order to protect and grow shareholder value and steer business to better protect the environment.
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.
By Stephen Russell
New developments are driving the need for GHG accounting programs around the world to evolve more efficiently, more effectively, and at a greater scale. On the business side, there is a trend toward managing GHG emissions along the value chain. Companies are looking up and down the supply chain and throughout the product life-cycle for GHG management opportunities. As climate policy becomes a reality in industrialized and developing countries around the world, many emerging economies are adopting voluntary national GHG mitigation targets and identifying the policies and measures to best achieve them. These trends point to the need for greatly enhanced GHG accounting capacity and tools at a global scale to ensure that mitigation actions can be measurable, reportable and verifiable.
WRI is considering developing new guidance to help government agencies, civil society organizations, and others address the question, “What effect are policies expected to have on GHG emissions?”
O programa GHG Protocol do World Resources Institute – WRI pretende contribuir com o esforço coletivo mundial em busca de uma economia resiliente e do equilíbrio climático do planeta. Para isso, desenvolve ferramentas de apoio à contabilização e reporte de emissões de GEE, como o GHG Protocol para empresas, reconhecido e adotado mundialmente.
GHG accounting is not a static field and the GHG Protocol is constantly reviewing its publications to ensure they properly reflect the science on climate change and continue to define best practices for GHG accounting and management. One area the GHG Protocol monitors is the best available scientific evidence regarding the importance of individual GHGs, as evaluated by the Intergovernmental Panel on Climate Change (IPCC) and as reflected in the guidelines of the United Nations Framework Convention on Climate Change (UNFCCC) for national GHG emissions reporting.
At a May 29 launch event in Beijing, WRI introduced the GHG Emissions calculation tool for Chinese Coal-Fired Power Plants to an audience of about 100 participants. The tool will enable Chinese power companies to establish a GHG emission inventory of its operations and prepare for GHG emissions management and reduction.
Last week the annual WBCSD council meeting took place in Seoul, South Korea. This meeting included a constructive session for the Greenhouse Gas Management Working Group. Three strategic priorities for the coming years were agreed upon: 1) Business leading in carbon management, 2) Promoting harmonization in reporting programs, and 3) WRI partnership and collaboration. The first strategic priority will focus on engagement with investors and on CFO and investor relations, as well as on sharing GHG management best practices.
WRI and ABPS (India) are holding a workshop in India on tracking greenhouse gas performance of mitigation actions and mitigation goals. The workshop will take place on March 7, 2012, in Delhi. The workshop will convene experts and stakeholders from governments, civil society, and the private sector to discuss issues, practices, and solutions related to the technical challenges of quantifying GHG reductions from mitigation actions and tracking national and sub-national performance toward GHG reduction goals.
UNEP FI and GHG Protocol invite interested stakeholders to participate in a technical working group for the development of a financial sector GHG accounting guidance and carbon asset risk guidance. Please see the Terms of Reference for details about the Technical Working Group process and a link to Survey Monkey where you can express your interest in participation.
Close on the heels of a new GHG program in Brazil, the Indian industry launched a national-level GHG Inventorization Program in Delhi, India, on May 28, 2008. Under the program, corporations will measure and manage their GHG emissions based on internationally recognized standards and monitor their progress towards voluntary reduction goals. The India GHG Inventory Program is a partnership between the Confederation of Indian Industry (CII), the US EPA, and the World Resources Institute.