What is ‘Greenhouse Gas Protocol’?

1. A. It is an international accounting tool for government and business leaders to understand, quantify and manage greenhouse gas emissions.
2. B. It is an initiative of the United Nations to offer financial incentives to developing countries to reduce greenhouse gas emissions and to adopt eco-friendly technologies
3. C. It is an inter-governmental agreement ratified by all the member countries of the United Nations to reduce greenhouse gas emissions to specified levels by the year 2022
4. D. It is one of the multilateral REDD+ initiatives hosted by the World Bank

Answer: A

Explanation

The Greenhouse Gas (GHG) Protocol, developed by World Resources Institute (WRI) and World Business Council on Sustainable Development (WBCSD), sets the global standard for how to measure, manage, and report greenhouse gas emissions. Many companies and organizations around the world are using GHG Protocol standards and tools to manage their emissions and become more efficient, resilient, and prosperous organizations.