Q: What ‘Greenhouse Gas Protocol’?
a) It is an international accounting tool for government and business leaders to understand, quantify and manage greenhouse gas emissions
b) It is an initiative of the United Nations to offer financial incentives to developing countries to reduce greenhouse gas emissions and to adopt eco-friendly technologies
c) It is an inter-governmental agreement ratified by all the member countries of the United Nations to reduce greenhouse gas emissions to specified levels by the year 2022
d) It is one of the multilateral REDD+ initiatives hosted by the World Bank
The correct answer is Option 1.
Greenhouse Gas Protocol (GHG Protocol)
- It is a tool for global accounting that helps leaders in industry and government comprehend, measure, and control greenhouse gas emissions. Hence, Option 1 is correct.
- The World Resources Institute (WRI) and the World Business Council for Sustainable Development have been working together for ten years (WBCSD).
- It creates a comprehensive, global, standardised framework for measuring and managing emissions from operations, value chains, products, cities, and policies in the public and private sectors.
- It collaborates with businesses, governments, and environmental organisations from all over the world to create a new generation of credible and successful programmes for combating climate change.
- In addition, the GHG Protocol offers training on its standards and instruments via webinar, e-learning, in-person sessions, and capacity-building assistance.
- In addition, GHG Protocol offers companies and organizations the opportunity to apply for our “Built on GHG Protocol” mark that recognizes sector guidance, product rules, or tools that are in conformance with GHG Protocol Standards.
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