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This paper from Portfolio Carbon Initiative — a partnership between WRI, 2DII and UNEP-FI — assesses the metrics that can be used to assess a bank’s contribution to the climate solution or climate problem, compares them, and makes recommendations for choosing metrics based on asset class.

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Como o sétimo maior emissor de gases do efeito estufa, o Brasil tem as ferramentas e políticas necessárias para assumir a liderança no combate contra as mudanças climáticas. Esta oportunidade chega em um momento crucial para o país: seu plano nacional do clima - Contribuições Pretendidas Nacionalmente Determinadas (INDC, da sigla em inglês) – deve ser apresentado daqui há alguns dias como parte das negociações climáticas globais, quando uma crise econômica, seca e incerteza energética afetam suas decisões domésticas.

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Brazil, the world’s seventh-biggest greenhouse gas emitter, has the relevant tools and policies it needs to become a leader in the fight to deal with climate change. This opportunity comes at a pivotal time for Brazil: its national climate plan—its Intended Nationally Determined Contribution (INDC)—should be submitted within days as part of global climate negotiations, while a national economic crisis, drought and energy uncertainty inform Brazil’s decisions at home.

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The G7's unprecedented pledge to decarbonize the world economy this century is a recognition of simple arithmetic: Our energy-as-usual approach is changing the climate so much that it is a serious threat to our future prosperity.

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The India Greenhouse Gas (GHG) Program, launched in July 2013, aims to offer a meaningful starting place by providing a standardized method for companies to measure and manage their greenhouse gas emissions. Conceived in partnership with WRI, The Energy and Resources Institute (TERI), and the Confederation of Indian Industry (CII), the program provides Indian businesses with tools and technical assistance to measure their emissions, identify reduction opportunities, establish short and long-term reduction goals, and track their progress based on the GHG Protocol, the most widely used emissions accounting and reporting standard in the world.

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The Greenhouse Gas (GHG) Protocol celebrates its 15th anniversary this year; it was established to develop and promote the use of best practices for accounting and reporting GHG emissions. Stephen Russell reflects on the project's history and impact, and discusses next steps for an evolving GHG accounting landscape.

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Rio de Janeiro is a leader among the Brazilian cities aggressively promoting low-carbon development. In 2011, the city passed a landmark climate change law with a target to reduce greenhouse gas (GHG) emissions 8% below the business-as-usual (BAU) emissions scenario by 2012, 16% by 2016, and 20% by 2020.

Now Rio is conducting a GHG inventory for 2012, the first target year under its climate change law. The inventory will measure the city’s emissions against its 8% reduction target for 2012, and assess the effectiveness of GHG mitigation actions implemented so far. On July 2, the city government of Rio invited me and my colleagues from the Greater London Authority and the Federal University of Rio de Janeiro (COPPE) to a seminar to share our experiences in conducting GHG inventories and to discuss Rio’s 2012 inventory. At the seminar, Nelson Moreira Franco, Director for Climate Change Management and Sustainable Development for the City of Rio, stressed that GHG inventories help identify emission sources and provide scientific evidence on GHG levels, so it is extremely important that the city gets it right. To me, the seminar covered four important items:

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A growing number of countries and companies now measure and manage their emissions through greenhouse gas (GHG) inventories. Cities, however, lack a common framework for tracking their own emissions—until now.

Thirty-three cities and communities from around the world started pilot testing the Global Protocol for Community-Scale Greenhouse Gas Emissions Pilot Version 1.0 (GPC Pilot Version 1.0) last month. The GPC represents the first international framework for greenhouse gas accounting for cities. It was launched in May 2012 as a joint initiative among WRI, C40, and ICLEI in collaboration with the World Bank, UN-HABITAT, and UNEP.

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Scientific understanding of the chemicals that contribute to climate change is constantly improving. So, too, is the Greenhouse Gas Protocol (GHGP), as we work to keep abreast of such advances and ensure that they are reflected in our tools and standards.

One recent example concerns the greenhouse gas (GHG) nitrogen trifluoride (NF3), a chemical that is released in some high-tech industries, including in the manufacture of many electronics. The GHG Protocol now requires NF3 to be included in GHG inventories under the Corporate Standard, Value Chain (Scope 3) Standard, and Product Standard. A new GHGP Amendment updates the existing requirements.

How does this update affect my organization?

NF3 is used in a relatively small number of industrial processes. It is primarily produced in the manufacture of semiconductors and LCD (Liquid Crystal Display) panels, and certain types of solar panels and chemical lasers. To the extent that these processes occur in your company’s direct operations or value chain, they may need to be reflected in future inventories to ensure conformance with GHG Protocol standards.

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Stacy Kotorac, a project coordinator/research assistant with the Greenhouse Gas Protocol, also contributed to this blog post.

Low-carbon city development has become a central part of the Malaysian government’s strategy to meet its greenhouse gas (GHG) commitments. The country, currently ranked second in terms of emissions per capita in Southeast Asia, has committed to reduce the emissions intensity of its gross domestic product (GDP) by 40 percent from 2005 levels by 2020.

Many Malaysian cities have created ambitious, low-carbon visions in order to meet national targets. However, many cities don’t yet have a credible GHG inventory or a comprehensive blueprint to help them systematically implement and monitor low-carbon actions. Without such a framework, it is nearly impossible to establish baseline measurements, set goals, or measure progress.

That’s why the GHG Protocol is currently working with partners to develop a standard methodology, the Global Protocol for Community Scale Emissions (GPC), as well as an accompanying toolkit that cities will be able to utilize to plan for their low-carbon development. Last year, we released the GPC Pilot Version 1.0. Over the next six months, about 30 cities will pilot test it.

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