Linking public and private greenhouse gas inventories in the land use sector
Reflections on public-private needs for monitoring and reporting land-based mitigation action as driven by recent EU policy developments
For the past 30 years, national greenhouse gas (GHG) inventory compilers have relied on science-based guidelines and tools to estimate GHG fluxes and carbon stocks in the land use sector, with the goal of contributing towards climate change mitigation action. In the past 10-15 years, several frameworks, standards, tools, and rulebooks have emerged to support the private sector to develop their GHG Inventories, given the significant footprints of many corporations. Lately, there has been a booming of voluntary 2050 net-zero commitments and emissions reduction targets from the corporate world, which frequently count on land investments and/or rely on land mitigation as part of their carbon footprint reduction strategies. Initiatives like the Greenhouse Gas Protocol and Science Based Targets Initiative are among the most adopted by companies who wish to measure and disclose emissions, mitigation targets and trajectories. Recently the EU Green Taxonomy has introduced rules and criteria on how the financial sector and corporations must report and disclose their GHG fluxes and carbon stocks from their related land investments. Private and public rules are now starting to converge. Understanding the differences and the reasons behind them will be key to ensure the credibility of the data from multi-scale GHG Inventories and nested land climate action.
OLESEN Asger Strange;
KOROSUO Anu;
ROMAN CUESTA Rosa Maria;
GRASSI Giacomo;
2023-10-03
Publications Office of the European Union
JRC135025
978-92-68-07810-5 (online),
OP KJ-07-23-389-EN-N (online),
https://publications.jrc.ec.europa.eu/repository/handle/JRC135025,
10.2760/113045 (online),
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