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The Kyoto Protocol (Japanese: 京都議定書, Hepburn: Kyōto Giteisho) was an international treaty which extended the 1992 United Nations Framework Convention on Climate Change (UNFCCC) that commits state parties to reduce greenhouse gas emissions, based on the scientific consensus that global warming is occurring and that human-made CO2 emissions are driving it. The Kyoto Protocol was adopted in Kyoto, Japan, on 11 December 1997 and entered into force on 16 February 2005. There were 192 parties (Canada withdrew from the protocol, effective December 2012) to the Protocol in 2020.
The World Business Council for Sustainable Development (WBCSD) is a CEO-led organization of over 225 international companies. The council is also connected to 60 national and regional business councils and partner organizations.
A carbon footprint (or greenhouse gas footprint) is a calculated value or index that makes it possible to compare the total amount of greenhouse gases that an activity, product, company or country adds to the atmosphere. Carbon footprints are usually reported in tonnes of emissions (CO2-equivalent) per unit of comparison. Such units can be for example tonnes CO2-eq per year, per kilogram of protein for consumption, per kilometer travelled, per piece of clothing and so forth. A product's carbon footprint includes the emissions for the entire life cycle. These run from the production along the supply chain to its final consumption and disposal.
Business action on climate change is a topic which since 2000 includes a range of activities relating to climate change, and to influencing political decisions on climate change-related regulation, such as the Kyoto Protocol. Major multinationals have played and to some extent continue to play a significant role in the politics of climate change, especially in the United States, through lobbying of government and funding of climate change deniers. Business also plays a key role in the mitigation of climate change, through decisions to invest in researching and implementing new energy technologies and energy efficiency measures.
Carbon accounting is a framework of methods to measure and track how much greenhouse gas (GHG) an organization emits. It can also be used to track projects or actions to reduce emissions in sectors such as forestry or renewable energy. Corporations, cities and other groups use these techniques to help limit climate change. Organizations will often set an emissions baseline, create targets for reducing emissions, and track progress towards them. The accounting methods enable them to do this in a more consistent and transparent manner.
Greenhouse gas inventories are emission inventories of greenhouse gas emissions that are developed for a variety of reasons. Scientists use inventories of natural and anthropogenic (human-caused) emissions as tools when developing atmospheric models. Policy makers use inventories to develop strategies and policies for emissions reductions and to track the progress of those policies.
The Global Warming Solutions Act of 2006, or Assembly Bill (AB) 32, is a California state law that fights global warming by establishing a comprehensive program to reduce greenhouse gas emissions from all sources throughout the state. AB32 was co-authored by Assemblymember Fran Pavley and Speaker of the California Assembly Fabian Nunez and signed into law by Governor Arnold Schwarzenegger on September 27, 2006.
The United States produced 5.2 billion metric tons of carbon dioxide equivalent greenhouse gas (GHG) emissions in 2020, the second largest in the world after greenhouse gas emissions by China and among the countries with the highest greenhouse gas emissions per person. In 2019 China is estimated to have emitted 27% of world GHG, followed by the United States with 11%, then India with 6.6%. In total the United States has emitted a quarter of world GHG, more than any other country. Annual emissions are over 15 tons per person and, amongst the top eight emitters, is the highest country by greenhouse gas emissions per person.
The Emissions & Generation Resource Integrated Database (eGRID) is a comprehensive source of data on the environmental characteristics of almost all electric power generated in the United States. eGRID is issued by the U.S. Environmental Protection Agency (EPA).
Canada was active in the negotiations that led to the Kyoto Protocol in 1997. The Liberal government that signed the accord in 1997 ratified it in parliament in 2002. Canada's Kyoto target was a 6% total reduction in greenhouse gas (GHG) emissions by 2012, compared to 1990 levels of 461 megatonnes (Mt). Despite signing the accord, greenhouse gas emissions increased approximately 24.1% between 1990 and 2008. In 2011, Conservative Prime Minister Stephen Harper withdrew Canada from the Kyoto Protocol.
Personal carbon credits are carbon credits created and owned by individuals who reduce their green house gas (GHG) emissions by a real and verifiable amount. Individuals cause GHG emissions from a variety of direct and indirect activities including transportation use, electrical use and home heating and cooling. Verifiable reductions in GHG emissions are aggregated into 1 metric ton increments and they become personal Carbon Credits. There are many firms that are creating applications to efficiently measure and track these emissions, while providing options to purchase and offset personal emissions.
The Kyoto Protocol was an international treaty which extended the 1992 United Nations Framework Convention on Climate Change. A number of governments across the world took a variety of actions.
The World Resources Institute (WRI) is a global research non-profit organization established in 1982 with funding from the MacArthur Foundation under the leadership of James Gustave Speth. Subsequent presidents include Jonathan Lash (1993–2011), Andrew D. Steer (2012–2021) and current president Ani Dasgupta (2021–present).
The Science Based Targets initiative (SBTi) is a collaboration between the CDP, the United Nations Global Compact, World Resources Institute (WRI) and the World Wide Fund for Nature (WWF), with a global team composed of people from these organisations. Since 2015, more than 1,000 companies have joined the initiative to set a science-based climate target.
Global net zero emissions describe the state where emissions of greenhouse gases due to human activities and removals of these gases are in balance over a given period. It is often called simply net zero. In some cases, emissions refers to emissions of all greenhouse gases, and in others it refers only to emissions of carbon dioxide. To reach net zero targets requires actions to reduce emissions. One example would be by shifting from fossil fuel energy to sustainable energy sources. Organizations often offset their residual emissions by buying carbon credits.
References
- ↑ "Corporate Standard". ghgprotocol.org. GHG Protocol, World Resources Institute, World Business Council for Sustainable Development. Retrieved 12 July 2023.
provides requirements and guidance for companies and other organizations preparing a corporate-level GHG emissions inventory
- ↑ "About Us". ghgprotocol.org. GHG Protocol, WRI, WBCSD. Retrieved 12 July 2023.
private and public sector operations, value chains and mitigation actions
- ↑ "GHG Protocol Learning Management System". ghgprotocol.lambdastore.net/. GHG Protocol, WRI, WBCSD. Retrieved 12 July 2023.
- ↑ "Terms of Use". ghgprotocol.org. GHG Protocol, WRI, WBCSD. Retrieved 12 July 2023.
- ↑ "United Nations Framework Convention on Climate Change". unfccc.int. United Nations . Retrieved 12 July 2023.
- ↑ "The GHG Protocol: A corporate reporting and accounting standard (revised edition)". wbcsd.org. World Business Council for Sustainable Development. Retrieved 13 July 2023.
The Greenhouse Gas Protocol Initiative is a multi-stakeholder partnership of businesses, non-governmental organizations (NGOs), governments, and others convened by the World Resources Institute (WRI), a U.S.-based environmental NGO, and the World Business Council for Sustainable Development (WBCSD), a Geneva-based coalition of 170 international companies.
- ↑ Kaplan, Robert S.; Ramanna, Karthik (April 12, 2022). "We Need Better Carbon Accounting. Here's How to Get There". hbr.org; Harvard Business Review . Harvard University . Retrieved 12 July 2023.
The authors' recent HBR article, "Accounting for Climate Change" (Nov-Dec 2021), noted how the current dominant system for carbon accounting, the GHG Protocol, misses this critical point by allowing companies to guestimate upstream and downstream emissions. To address this shortcoming, they introduced an E-liability accounting system, based on well-established practices from inventory and cost accounting,