UPSC Prelims 2016 Question:

What is the ‘Greenhouse Gas Protocol’?

Explanation:

• The Greenhouse Gas Protocol (GHG Protocol) is the most widely used international accounting tool for government and business leaders to understand, quantify, and manage greenhouse gas emissions.
  
  
• The GHG Protocol is a decade-plus partnership between the World Resources Institute (WRI) and the World Business Council for Sustainable Development (WBCSD). The GHG Protocol offers an internationally accepted management tool to help businesses to compete in the global marketplace and governments to make informed decisions about climate change.
  
  
• It provides the accounting framework for nearly every GHG standard and program in the world - from the International Standards Organization to The Climate Registry - as well as hundreds of GHG inventories prepared by individual companies.
  
  

Therefore, option (1) is the correct answer.

Subject: Environment | Environmental Organisations and Conventions