Participating organizations and signatories will focus on addressing the accounting challenges of the company's carbon emissions and net zero future
SAN FRANCISCO, Feb. 11, 2022 /PRNewswire/ -- More than 20 leading organizations on Thursday jointly announced a plan to accelerate the development of reliable and interoperable carbon accounting, which is critical to helping the world achieve its net zero goal by mid-century. Carbon Call mobilizes collective action, investment and resources from science, business, philanthropy and intergovernmental organizations to access the latest and reliable data and science that can be easily exchanged between carbon accounting systems.
Reliable measurement and accounting of greenhouse gas (GHG) emissions is critical to climate accountability and segmentation According to a Washington Post analysis, the gap in unreported greenhouse gas emissions "ranges from at least 8.5 billion tons to 13.3 billion tons per year" Today, carbon accounting faces issues such as uneven data quality, inconsistent assessment and reporting, platform isolation, and infrastructure challenges that make it difficult to compare, consolidate, and share reliable data, especially for companies.
The Carbon Appeal reveals and addresses gaps in the existing global carbon accounting system, with a focus on carbon removal and land-based sectors, methane and indirect emissions The Carbon Appeal will work together to identify areas that require more accurate information to improve reliability and promote interoperability through the design of carbon accounting reports (or ledgers) and the data ecosystems that support them.
The Carbon Appeal was launched by the ClimateWorks Foundation and includes Capricorn Investment Group, Climate Change AI, Corporate Leaders Group Europe, and Global Carbon Project), Global Council for Science and the Environment, International Science Council, LF Energy, Linux Foundation, Microsoft, Mila, The Skoll Foundation, the Stanford Woods Institute for the Environment, the United Nations Environment Programme and the United Nations Foundation's Carbon Appeal of participating organizations are committed to promoting the development of common accounting methodology standards, expanding access to data on greenhouse gas emissions and removals, and enhancing interoperability of digital accounting infrastructures.
Carbon Appeal signatories support the establishment of more reliable global interoperability carbon accounting reporting (or ledger) systems To this end, signatories jointly commit to report comprehensively and annually on greenhouse gas emissions and offsetting information in a transparent manner, including all scopes and categories of greenhouse gas emissions signatories including Capricorn Investment Group, EY, GSK, KPMG, Microsoft and Wipro.
The many outcomes of the Alliance will be widely available, and we encourage organizations to visit for more information and become signatories.
participate Organization and signatory pairs “ Carbon Appeal ” views Capricorn casts groupIon Yadigaroglu, managing partner of Capricorn Investment Group, said: "We have invested billions of dollars in climate solutions and are now deploying a lot of money into carbon removal projects to achieve our net zero commitment. However, this will only work for the global climate crisis if we can track the balance between global greenhouse gas emissions and removals. We are joining the Carbon Appeal to support the creation of a transparent, science-based carbon accounting ledger. This will be an important part of net zero investment. ”
climate Changing AI organizationsDavid Rolnick, assistant professor, co-founder and president of Climate Change AI and chair of the Institute for Advanced Study at McGill University in Canada, said: "Climate Change AI's mission is to drive impactful work at the intersection of climate change and machine learning. Machine learning has been shown to be useful in collecting data on emissions and carbon stockpiles and may help support the verification and assessment of progress towards emission reductions. We are excited to partner with the Carbon Appeal to advance the interoperability and reliability of carbon accounting systems at the service of global climate action." ”
Climate Work FoundationSurabi Menon, vice president of global intelligence at the ClimateWorks Foundation, said: "To avoid the worst impact of climate change, we must build effective infrastructure over the decade to support the true goal of net zero. Accurate carbon accounting is critical to holding polluters accountable and identifying areas where climate action is most urgently needed. The Carbon Appeal will build on current work to bring together private, commercial and philanthropic organizations to accelerate the development of a more reliable and interoperable emissions tracking system. ”
European companies Group of industry leadersEliot Whittington, director of corporate leaders Group Europe, said: "As climate change action continues to expand and become mainstream, we are witnessing a widening trust gap as new commitments are made without the tools and systems to track their implementation. The Carbon Appeal is a much-needed convergence point that can help improve the accountability, transparency and readability of carbon emissions data across the economy – an indispensable tool for bridging the trust gap. To gain more transparent, clearer and more useful data, we are working more closely together, which will help track climate commitments globally and provide insights on how to improve and accelerate the implementation of the Paris Agreement. The European Business Leaders Group is proud to support the Carbon Appeal and will work together to accelerate climate action by enabling more reliable global carbon data development." ”
EYSteve Varley, Global Vice President for Sustainability at EY, said: "As businesses play a role in addressing climate change, the pledges and commitments made must be evidenced by progress and achievements. A global system of reliable interoperability designed to improve greenhouse gas accounting is critical for us to accelerate action and track progress at scale. EY is excited to be involved in a wide range of stakeholder collaborations that will help create value for all. ”
Global carbon planRob Jackson, chair of the Global Carbon Project and a researcher at the Stanford University Geoscientist and Stanford Woods Environmental Institute and The Precourt Energy Research Center, said: "As scientists, we track the increase in the concentration of methane and other greenhouse gases in the atmosphere that warms the planet. However, due to incomplete and inconsistent emissions reports and the insufficient number of monitoring stations, it is difficult to trace the source of emissions and whether sufficient emission reductions have been achieved in a particular country or region. We are excited to be part of the Carbon Appeal, which brings together science, civil society and the private sector to develop a more comprehensive and integrated carbon report." ”
Global Science and Environmental CouncilMichelle Wyman, executive director of the Global Council for Science and the Environment, said: "Collaboration, partnership and accountability between scientists and policymakers are critical to driving the use of science to address environmental challenges. The Carbon Appeal aims to coordinate and promote various industries and organizations at the local, national and global levels to establish a reliable global carbon accounting system. The Global Council for Science and the Environment is pleased to support the Carbon Appeal initiative to strengthen the Global Greenhouse Gas Interoperability Accounting System on Earth. ”
country International Council of ScienceLeena Srivastava, deputy director of science at the International Institute for Applied Systems Analysis, said: "The world needs to limit warming to 1.5 degrees Celsius. To stay within this target, decarbonisation needs to be accelerated through strategies that encourage inclusive green growth. Many of these strategies rely on carbon accounting, which is still in its infancy. The Carbon Appeal places a strong focus on interoperability and transparency, which is essential for creating a reliable carbon accounting system. Science has a key role to play. The importance of science lies not only in extending availability to reliable emissions and removal data, but also in designing strategies to ensure trustworthy governance. ”
KPMGBill Thomas, Global Chairman and Ceo, KPMG, said: "Progress on climate action requires all of us to work together to bring about positive change at scale. That's why KPMG is delighted to be a founding signatory to the Carbon Appeal. Together, we can help build a more sustainable future for all. ”
LF Energy companiesShuli Goodman, Executive Director of LF Energy, said: "Interoperable data and technology are critical to accelerating the pace of economic decarbonisation. LF Energy provides a neutral, collaborative community that is pooling these joint investments to help the world address the urgency of climate change. That's why we're embracing the Carbon Appeal program to enable interoperability within our carbon accounting infrastructure. ”
Linux foundationJim Zemlin, Executive Director of the Linux Foundation, said: "At the Linux Foundation, we help develop an open technology ecosystem to transform the industry. A key part of our work is to foster collaboration to establish protocol interoperability. We are pleased to join the Carbon Appeal to support and expand cooperation on building interoperability in carbon accounting infrastructure to help accelerate climate action." ”
small softLucas Joppa, Chief Environmental Officer at Microsoft, said: "Many organizations are currently working toward net zero, but one key piece of content is still missing: transparent interoperability systems for tracking, reporting and comparing greenhouse gas emissions and removals. The Carbon Appeal is a collaborative initiative that aims to achieve reliability between different greenhouse gas accounting ledgers, from businesses to countries to the planet as a whole. We encourage all organizations committed to net zero to join us. ”
Quebec Thousand Institute of Artificial IntelligenceYoshua Bengio, founder and scientific director at Mila, said: "A key challenge in tackling the climate crisis on a global scale is to effectively account for carbon emissions as a way to set a price for them. Machine learning has the potential to provide solutions, but this requires data from multiple sources that can be interoperable so that it can be aggregated and used for analytics. MILA is excited to participate in the Carbon Appeal collaboration to establish a roadmap to ensure the interoperability of carbon data and improve carbon accounting." ”
Sko Er FoundationBruce Lowry, senior advisor at the Skoll Foundation, said: "Climate change requires urgent, collective and coordinated action, including protecting forests and better managing land use. However, emissions and decarbonization data from forests and other sectors remain siloed from each other, making it difficult for countries and many companies to plan and take action. The Carbon Appeal will broadly enhance the carbon reduction responsibilities of all parties by promoting a stronger, interoperable global accounting system. The integration of forest data into a reliable global accounting system will provide stronger evidence for local communities, companies and countries to demonstrate the value of protecting forests. ”
Stanford Wood I. Institute for the EnvironmentChristopher Field and Perry L. McCarty, director of the Stanford Woods Institute for the Environment, said: "Natural climate solutions can make an important contribution to solving the climate crisis while also providing valuable shared benefits for communities, economies and ecosystems. Access to accounting rights is a key foundation for building natural climate solutions into a comprehensive decarbonization strategy. The Stanford Woods Environmental Institute is pleased to be able to collaborate on the Carbon Appeal to support efforts to provide a more reliable, transparent and integrated approach to accounting for nature-based CARBON DIOXIDE emissions and removals." ”
United Nations Environmental Regulations Division(Collaborative Organization)
Sheila Aggarwal-Khan, Director of the Economic Division of the United Nations Environment Programme, said: "As the private sector grows in its participation in the 26th United Nations Climate Change Conference (COP26) and a large number of pledges and commitments emerge, we must build a more transparent reporting system that builds confidence in the emissions reductions reported by financial institutions, industries and cities. The Carbon Appeal will build on existing reporting initiatives and create a coherent and transparent common reporting format to ensure comparability of reporting content. ”
United Nations FoundationElizabeth Cousens, president and chief executive officer of the United Nations Foundation, said: "Science makes it clear that the road to 1.5°C is rapidly shortening. To meet our climate goals and save our planet for future generations, we need to drastically reduce emissions, and the effects must be immediate. The Carbon Appeal is a welcome measure to ensure greater accountability and build solid credibility towards cross-sectoral climate commitments. ”
Wiper Luo CompanyNarayan P.S., Vice President and Global Director of Sustainability and Social Initiatives at Wipro Ltd., said: "In preparation for the 26th United Nations Climate Change Conference (COP26), we have seen an encouraging increase in countries' commitments to reduce emissions, extending to about two-thirds of the world's economies. We've also seen a gradual increase in corporate commitments, with more than 2,000 companies setting scientific goals. While these are very positive developments, the carbon accounting used to calculate greenhouse gas emissions must be transparent and must be based on a scientific approach. We are pleased to support the Carbon Appeal's goal of establishing a reliable GHG accounting system that focuses on less well-understood areas, such as land-use change and carbon removal. ”