Innovative Technologies for Greenhouse Gas Emissions and Carbon Sequestration Monitoring

In recent years, there has been a sharp increase in the demand for different types of high-quality climate data as the basis of credible GHG monitoring and reporting. Examples range from mandatory sector-based GHG reporting to compliance and voluntary carbon sequestration data, or data to measure carbon dioxide removal (CDR). Climate data has also become an important feature of recent climate risk disclosure and environmental, social, and corporate governance (ESG) standards for green finance.

This study examines four topics: (i) GHG data monitoring and reporting for mandatory carbon markets based on China’s sector-based reporting standards; (ii) methods and practices related to carbon sequestration measurement; (iii) metrics and measurement standards for current and emerging financial sector climate risk disclosure, and (iv) innovative new monitoring. It begins by discussing the characteristics of data quality.

Task Force: Sustainable Production and Consumption Topic: Technology and Innovation Year: 2023 Phase: Phase VII (2022-2027) Concluded