The future of the International GHG Protocol

Size: px
Start display at page:

Download "The future of the International GHG Protocol"

Transcription

1 The future of the International GHG Protocol Pankaj Bhatia Director, GHG Protocol World Resources Institute August 10 th

2 Presentation Outline I. History of GHG Protocol II. International Profile of GHG Protocol III.Future Plans

3 Develop internationally accepted GHG accounting and reporting standards and tools and ensure their broad adoption for managing and mitigating emissions towards achieving a low emissions economy worldwide. GHG Protocol Vision

4 Business GHG Measurement & Management Cycle Business Goals INVENTORY & STRATEGY BLUEPRINT Scope or Category Analysis Scenario Development Target Setting Corporate or Product Inventory GHGP Standards Action Plan CAPACITY BUILDING Performance tracking Implementation

5 GHG Protocol GHG GHG History Protocol Protocol History History EO on US Gov t GHG Reductions SEC Rule on Climate Disclosure Support Private Sector Initiatives Support Public Sector Initiatives

6 GHG Protocol GHG GHG History Protocol Protocol History Future 2012: Launch of the Agriculture Protocol and Green Power Accounting Guidelines 2013: Launch of the Policy Accounting Protocol October 2011: Launch of the Product and Corporate Value Chain Standards

7 Two New Standards Will be Published in Oct 2011 Corporate Value Chain (Scope 3) Accounting & Reporting Standard Product Accounting & Reporting Standard Nature End of Life Extraction Use Production Distribution

8 Product and Scope 3 Standards Launch Global launch kick-off events Country-specific launch events following global launch

9 Agriculture Protocol - Intended audience Producers Processors Wholesalers Manufacturers Retailers and food service companies (e.g., caterers)

10 Agriculture Protocol Opportunities Review draft Protocol Road test Protocol / Provide case studies based on experience using the Brazil Program s specifications

11 Policy Accounting Protocol Bali/Copenhagen/Cancun: New diversity of country pledges and GHG instruments (NAMAs) Lack of consistent GHG accounting guidance Need guidance to support more effective: Performance tracking Domestic decision making International reporting International climate finance and/or crediting

12 Two Publications Expected in 2013 Accounting guidance for policies and actions How to quantify the GHG effects of mitigation actions and policies Accounting guidance for national goals How to track countries progress toward internationally-submitted national pledges (names TBD)

13 Policy Accounting Opportunities On-going survey with FGV Technical Working Groups being formed Piloting of Policy Accounting Guidelines

14 Additional Standardization through GHG Programs Tropicalization Mexico GHG Program Increased standardization GHG Protocol Corporate Accounting and Reporting Standard As worldwide reporting organizations like The Climate Registry, Brazil GHGP Program and the Carbon Disclosure Project adopt the GHG Protocol, reporting becomes more standardized and transparent.

15 GHG Protocol GHG Protocol International Brazil Profile Mexico Mexico China India Philippines Brazil Brazil

16 GHG Protocol Mexico: Key Highlights 84 inventories, 150 companies registered entire cement, petroleum & brewing sectors significant portion of steel sector 47 companies reduced emissions 11 companies registering CDM projects Significant % of national emissions 21% 75% Total Industry Emissions Total Energy Emissions

17 GHG Protocol India: Key Highlights Government s Low Carbon Development Report calls for a corporate reporting system in the country CII implemented a Cement sector inventory program TERI initiating a voluntary, national GHG program for all sectors

18 GHG Protocol: China Supply Chain Standards with CINIS City-level Protocol & with selected cities Cement Sector Tool with CBMA & NDRC Power Sector Tool with CEC 18

19 GHG Protocol China Key Highlights Chinese National Standard-setting Body is translating the new Product and Scope 3 Standards National Power Sector Industry Group is publishing core tool and guidance for the most GHG-intensive sector in China Xiaolan City piloting testing city-level GHG accounting project

20 Big New Ideas for GHGP Brazil Translate New Standards & Launch a Supply-chain Module (Scope 3 & Product) Customize & Adopt GHGP Agriculture Sector Protocol Pilot-testing Policy Accounting Guidelines Become a Regional Centre of Excellence on GHG Accounting & Management

21 Thank You Pankaj Bhatia