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Climate Change

Columbia Carbon Accounting Project

Columbia’s Carbon Accounting Project will study current methods that quantify and measure carbon emissions, and investigate the potential for new methods to create greater accountability and carbon emissions reductions across full product life cycles and major sectors of the economy.

The project will focus on the framework for carbon emissions accounting standards provided by the  Greenhouse Gas Protocol, developed by the World Resources Institute (WRI) and the World Business Council for Sustainable Development (WBCSD), the most comprehensive and widely-used global standard for companies to measure and report their greenhouse gas emissions. The Corporate Value Chain Scope 3 standard measures indirect emissions that result from activities and assets not controlled or owned by the reporting organization across its value chain. This project will study and build on existing methodologies to account for value chain emissions reduced or eliminated by innovative products and services, including the role that materials and sustainable applications can play in achieving emissions reductions.

Drawing on input from key stakeholders representing environmental groups, industry, academia, and data and accounting firms, the project will investigate the potential for new accounting methods to calculate the environmental benefits of products and technologies that reduce or eliminate harmful greenhouse gas emissions that cause climate change, as well as developing new tools for decision-makers to accelerate global progress towards 2030 and 2050 emissions targets.

Dow (NYSE: DOW) and The Nature Conservancy are early supporters of this work, bringing significant global climate-related expertise and capabilities in their respective fields. 

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Relevant Studies

December 14, 2022 Commentary Climate Change

Energy and Water for Sovereignty: South Sudan’s Regional Diplomacy and the Geopolitics of the Nile Basin

In June 2022, the government of South Sudan acknowledged that Egypt had delivered equipment for resuming its long-dormant Jonglei Canal megaproject by dredging tributaries of the White Nile.

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Climate Change

Climate change is one of the central challenges of the 21st century. Building and linking the policies, technologies, financial systems, and markets needed to achieve climate goals is key to addressing this challenge.

December 12, 2022 Reports Climate Change

Thematic Bonds: Financing Net-Zero Transition in Emerging Market and Developing Economies

A significant gap exists globally between the financing needed and the current level of spending to meet net-zero goals.

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Climate Change

Climate change is one of the central challenges of the 21st century. Building and linking the policies, technologies, financial systems, and markets needed to achieve climate goals is key to addressing this challenge.

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Climate Change

Columbia Carbon Accounting Project

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