Abstract for presentation at 14th IUAPPA World Congress

Mitigating climate change requires the deployment of both emerging technologies with low or zero emissions of greenhouse gases, as well as retrofits and improved operational practices at existing facilities. Increasing thermal and operational efficiency of existing systems and managing customers demands have been shown to contribute greatly to GHG emissions reductions.
The policy frameworks for achieving these reductions might vary among countries and regions but in order to develop a robust and flexible global system of a common “carbon currency” there is a need for a consistent framework for quantitatively assessing these emission reductions at the individual initiative and project levels. Such common analytical tools will create the right incentives and recognition and will allow the quantification of the contribution of individual project to overall GHG emission reductions.
The paper will compare and contrast existing methodological framework for assessing and reporting GHG emission reductions associated with project, such as the International Standards Organization (ISO 14064.2); the World Resources Institute (WRI) and the World Business Council for Sustainable Development (WBCSD) project accounting protocol; the US Department of Energy (USDOE) Guidelines for Voluntary Reporting of GHG Emissions and similar. It will highlight the similarities and differences in approach and will demonstrate them by specific application to various strategies of energy efficiency improvements.