The Greenhouse Gas Protocol: The GHG Protocol for Project Accounting

Abstract

The Project Protocol is the most comprehensive, policy-neutral accounting tool for quantifying the greenhouse gas benefits of climate change mitigation projects. It is the culmination of a unique four-year dialogue among business, environmental, and government experts led by WRI and the World Business Council for Sustainable Development. The Project Protocol provides the cornerstone for efforts led by WRI and others to develop globally compatible standards for a robust and thriving greenhouse gas market. The Project Protocol is the culmination of an extensive four-year dialogue and consultation process with businesses, NGOs, governments, academics, and others. During its development, more than 20 developers of GHG projects from 10 countries “road-tested” a prototype version, and more than 100 experts reviewed it. As with the GHG Protocol Corporate Standard, the Project Protocol’s strength lies in this collaborative process that was used to clarify and resolve challenging issues.