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Mounting social and legal concerns worldwide about rapid increase in Earth’s average global surface temperature and resultant climate change have led to building mechanisms such as the Kyoto Protocol for reducing GHG emissions. The Kyoto Protocol is an international treaty under United Nations Framework Convention on Climate Change (UNFCCC) where the signatory parties commit to reduce GHG emissions as per the defined emission reduction targets (UNFCCC 2020a). The implementation of the Protocol and resulting carbon trading have given rise to the need for accounting GHG-related information of an entity. Accounting for GHG emissions or simply GHG accounting is the process by which an entity monitors, measures, and accounts for the emission of carbon and other major GHGs as defined under the Kyoto Protocol. GHG emissions can be accounted and reported at global, national, regional, corporate, product, or project levels within or...
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References
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Pahuja, S. (2021). Accounting for Greenhouse Gas (GHG) Emissions. In: Idowu, S., Schmidpeter, R., Capaldi, N., Zu, L., Del Baldo, M., Abreu, R. (eds) Encyclopedia of Sustainable Management. Springer, Cham. https://doi.org/10.1007/978-3-030-02006-4_565-1
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