The Greenhouse Gas Protocol Land Sector and Removals Guidance Draft 2: What’s in it for corporates and the biomethane GO market?

  Interactive charts, tables and graphics removed. Subscribers see full content

Key summary

Following the first draft of Land Sector and Removals Guidance (published Q3 2021), the GHGP has come forward with the second draft of Land Sector and Removals Guidance for Pilot Testing and Review, offering guidance on accounting and reporting biomethane usage for corporates, including accounting for:

• Biomethane emissions in a GHG inventory
• Pipeline-delivered gas
• Emission impacts relative to counterfactual scenarios

With an ongoing process to consider extending coverage of a ‘market-based account’ for emissions adjustment in scope 1 and/or scope 3, in addition to the use in scope 2, this could potentially increase demand for biomethane certificates/GOs. 

GHGP Land Sector and Removals Guidance for Pilot Testing and Review (Draft 2)

In our