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Home Questions & Answers General Knowledge Question Answers What is ‘Greenhouse Gas Protocol’? 

    What is ‘Greenhouse Gas Protocol’? 

  • It is an international accounting tool for government and business leaders to understand, quantify and manage greenhouse gas emissions
  • It is an initiative of the United Nations to offer financial incentives to developing countries to reduce greenhouse gas emissions and to adopt eco-friendly technologies
  • It is an inter-governmental agreement ratified by all the member countries of the United Nations to reduce greenhouse gas emissions to specified levels by the year 2022
  • It is one of the multilateral REDD+ initiatives hosted by the World Bank

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