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Showing posts with the label carbon pricing

Global Carbon Council (GCC) Accounting: A Detailed Overview with case study

The Global Carbon Council (GCC) is a carbon credit certification program that supports carbon emission reductions. It enables project developers to earn certified carbon credits by implementing sustainable projects. GCC accounting revolves around the processes, standards, and methodologies for tracking, verifying, and managing carbon credits within the program. Key Features of GCC Accounting Carbon Credit Certification : GCC certifies greenhouse gas (GHG) emission reductions from projects. These credits are aligned with international standards like the Clean Development Mechanism (CDM) under the Kyoto Protocol and voluntary carbon markets. Accounting Standards : Adheres to frameworks such as the Greenhouse Gas Protocol and ISO 14064 . Focuses on Scope 1, Scope 2, and Scope 3 emissions: Scope 1: Direct emissions from owned or controlled sources. Scope 2: Indirect emissions from purchased electricity, heat, or steam. Scope 3: Indirect emissions in the value chain. Market Relevance : G...

Global and country wise Climate Change policies adoption

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Some of the key aspects that are linked with the climate change policies are carbon pricing, renewable energy, energy efficiency, climate financing, sustainable transportation, building codes, industrial emission regulations and standards, clean energy initiatives and incentives, waste management, water management, agriculture and land usage efficiency, afforestation, etc. list of some common climate change policies with briefing as below: Carbon pricing: This includes policies such as carbon taxes and cap-and-trade systems, which put a price on carbon emissions in order to reduce them. Renewable energy standards: This includes policies that require a certain percentage of energy to be generated from renewable sources. Energy efficiency standards: This includes policies that set minimum energy efficiency standards for buildings and appliances. Clean energy incentives: This includes policies such as tax credits, grants, and rebates that encourage the use of clean energy. Climate adaptat...