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(iii) Scope 3 emissions – other indirect GHG emissions from sources that are upstream or downstream of a value chain and not owned or controlled by the investee. Scope 3 emissions may include the following categories: a. Goods and services. Emissions due to production of goods and services used by the investee’s activities; b.
• GHG accounting will include scope 1 and scope 2 emissions (as defined in the GHG Accounting Protocol).3 Each IFI may choose to include scope 3 emissions attributable to a project, but this should be clearly stated in relevant policies, procedures, and results. • Absolute emissions are to be estimated for brownfield and greenfield projects.
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Sep 17, 2024 · Scope 1, 2, and 3 emissions are greenhouse gases that are released across an organization’s entire value chain. Scope 3 emissions are the most complex, as they are released before and after a product is delivered or consumed. Five smoke stakes line up against a backdrop of a blue sky. A thick cloud of white smoke pours out from one of the stakes.
• GHG accounting will include Scope 1 and Scope 2 emissions (as defined in the GHG Accounting Protocol). 3 Each IFI may choose to include Scope 3 emissions attributable to a project, but this should be clearly stated in relevant policies, procedures, and results. • Gross emissions are to be estimated for existing and greenfield projects.
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2024-07-22. International Financial Institutions (IFIs), also known as Multilateral Development Banks (MDBs), offer grants, guarantees, credits and low-cost loans to Borrowing Member Countries (BMCs) to achieve development goals. Canada and other donor countries contribute their official development assistance (ODA) to the IFIs, to maximize ...
Understanding where your true emissions footprint lies is key in the intricate labyrinth of climate action. While direct emissions (Scope 1) and energy-related ones (Scope 2) hold the spotlight, the hidden villain often lurks in the shadows: Scope 3 emissions. And within this enigmatic realm, Category 1: Purchased Goods and Services reigns supreme, dwarfing your operations' combined impact and ...
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Dec 15, 2022 · The guidance and reliefs are designed to help companies embed and improve their processes for measurement and disclosure of Scope 3 GHG emissions. At its October 2022 meeting the ISSB confirmed the inclusion of Scope 3 disclosure as set out in its draft Climate-related Disclosures Standard given feedback from investors that they cannot fully ...
