The ISO 14060 family of standards provides clarity and consistency for quantifying, monitoring, reporting, and validating and verifying GHG mitigations to support sustainable development through a low-carbon economy and benefit organizations, project proponents, and interested parties worldwide. Specifically, the use of the ISO 14060 family of standards:
Enhances the environmental integrity of GHG quantification.
Enhances the credibility, consistency, and transparency of GHG quantification, monitoring, reporting, verification, and validation.
Facilitates the development and implementation of GHG management strategies and plans.
Facilitates the development and implementation of mitigation actions through GHG emission mitigations.
Facilitates the ability to track performance and progress in reducing GHG emissions and/or increase in GHG removals.
All contain consistent general requirements for quantifying GHG mitigations that result from project-based activities, including requirements for:
Establishing GHG accounting boundaries.
Estimating baseline emissions.
Determining project-case emissions.
Monitoring project activities.
ISO and WBCSD/WRI are generally consistent in their requirements but have different structures and terminologies. ICR relies on terminology from either or all standards, depending on context. Further, CDM and other GHG programs set out principles regarding additionality and crediting mechanisms.
In general,
Climate projects and emerging climate solutions shall conform to the requirements of ISO 14064-2 Greenhouse gases — Part 2: Specification with guidance at the project level for quantification, monitoring and reporting of greenhouse gas emission reductions or removal enhancements.
Validation of projects and methodologies and verification of GHG emission mitigation outcomes shall be according to current versions of ISO 14064-3 Greenhouse gases — Part 3: Specification with guidance for the verification and validation of greenhouse gas statements.
Validation and verification bodies shall have ISO 14065 General principles and requirements for bodies validating and verifying environmental information and ISO 14066 Greenhouse gases — Competence requirements for greenhouse gas validation teams and verification teams, accreditation.
Together, these standards are built on establishing credibility and trust in the project activities and the impacts the climate solution brings.
The relevant standards applicable to the ICR program are listed below.
ISO 14064-1:2018 Greenhouse gases - Part 1: Specification with guidance at the organization level for quantification and reporting of greenhouse gas emissions and removals
This document specifies principles and requirements at the organization level for the quantification and reporting of greenhouse gas (GHG) emissions and removals. It includes requirements for the design, development, management, reporting and verification of an organization's GHG inventory.
ISO 14064-2:2019 Greenhouse gases - Part 2: Specification with guidance at the project level for quantification, monitoring and reporting of greenhouse gas emission reductions or removal enhancements
This document specifies principles and requirements and provides guidance at the project level for the quantification, monitoring and reporting of activities intended to cause greenhouse gas (GHG) emission reductions or removal enhancements. It includes requirements for planning a GHG project, identifying and selecting GHG sources, sinks and reservoirs (SSRs) relevant to the project and baseline scenario, monitoring, quantifying, documenting and reporting GHG project performance and managing data quality.
ISO 14064-3:2019 Greenhouse gases - Part 3: Specification with guidance for the verification and validation of greenhouse gas statements
This document specifies principles and requirements and provides guidance for verifying and validating greenhouse gas (GHG) statements. It is applicable to organization, project and product GHG statements.
ISO 14065:2020 General principles and requirements for bodies validating and verifying environmental information
This document specifies principles and requirements for bodies performing validation and verification of environmental information statements.
ISO 14066:2023 Environmental information - Competence requirements for teams validating and verifying environmental information
ISO 14066:2023 specifies competence requirements for validation teams and verification teams. ISO 14066:2023 complements the implementation of ISO 14065.
ISO 14068-1:2023 Climate change management - Transition to net zero, Part 1: Carbon neutrality
ISO 14068 provides principles, requirements, and guidance for achieving and demonstrating carbon neutrality. It focuses on quantifying, reducing, and offsetting carbon footprints, utilizing a hierarchical approach prioritizing direct and indirect GHG emission reductions and removal enhancements within the value chain over offsetting.
ÍST TS 92:2022 Carbon offsetting: Specification with guidance
This document relies on ÍST EN ISO 14064 series of standards and further specifies principles, requirements, and guidelines at the organizational level for the quantification and reporting of GHG emissions and removals, emission reductions, and compensating and further offsetting unavoidable emissions.
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