Why do we need some mechanism to protect GHG reports from being devalued or adulterated . . . well let’s think back to the time when we first created coins. Early silver and gold coins allowed trade to expand and flourish and increased prosperity for most people. Some merchants noticed the coins had smooth edges, so each time a coin passed his way – he “shaved” off a tiny amount of silver or gold from the edge of the coin and built up a stock of gold or silver shavings. This devalued and adulterated the coins. In response the kings and rulers made new coins with serrated or profiled edges to prevent “shaving”. Today we can protect our tonnes of CO2 and other GHGs, by measuring and verification under a global harmonised standard – ISO 14064.
GHG emissions and reductions are becoming a commodity. There is a real need for trained and competent:
- GHG quantifiers
- GHG verifiers
- Competent, credible firms working in this space
To support:
- emerging market mechanisms, both voluntary and compliance markets,
- non-market reporting schemes
- corporate social responsibility initiatives
