Search Climate Insights Directory

The GHG Protocol for Project Accounting establishes a framework for project developers to credibly quantify GHG reductions by comparing project emissions against a counter-factual baseline. It details two primary baseline procedures—project-specific and performance standard—and emphasizes the importance of defining a GHG assessment boundary that includes both primary and significant secondary effects. The guide outlines six core accounting principles (relevance, completeness, consistency, transparency, accuracy, and conservativeness) and provides detailed requirements for monitoring and reporting reductions to ensure environmental integrity and transparency.