Addressing the avoided emissions challenge
These are the first-ever guidelines for the chemical companies worldwide and other interested stakeholders published by the International Council of Chemical Associations (ICCA) and the World Business Council of Sustainable Development (WBCSD) on how to measure, manage and communicate avoided greenhouse gas (GHG) emissions of value chains where chemical products are used. The International Council of Chemical Associations (ICCA) and the World Business Council of Sustainable Development (WBCSD) released their first-ever guidelines for chemical companies worldwide and other interested stakeholders on how to measure, manage and communicate avoided greenhouse gas (GHG) emissions of value chains where chemical products are used. The comprehensive document provides guidelines on how to calculate emission reductions in the value chain, by comparing two solutions with the same user benefit. The difference in emissions between two alternative solutions are the greenhouse gas emissions that the industry can avoid.
Related Content
- Financing coal phase-out: public development banks’ role in the early retirement of coal plants
- The role of rail in decarbonizing transport in Developing Countries
- Carbon farming in Africa: opportunities and challenges for engaging smallholder farmers
- Tracking incremental energy efficiency investments in certified green buildings
- Nature-based solutions and the biodiversity and climate crises
- Renewable energy prospects: Indonesia