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EIB Project Carbon Footprint Methodologies

European Investment Bank The Carbon Footprint of projects financed by the Bank 3 April 2014 page 1 / 53 European Investment Bank Induced GHG Footprint The Carbon Footprint of projects financed by the Bank Methodologies for the Assessment of Project GHG Emissions and Emission Variations Version The Pilot Carbon Footprint Exercise and GHG Methodologies were conceived by the Environment, Climate and Social Office (ECSO) in the Projects Directorate of the EIB, with the assistance of an external consultant (En-Vision Limited). The Task Manager was Andrea Pinna, assisted by Giulia Macagno. Completion of the Pilot, revision of the Methodologies and the mainstreaming of calculations into projects appraisals has now been finalised.

For the purposes of annual reporting the project figures are prorated in proportion to the EIB funding for the project, i.e. financed contract amounts, signed in that year compared to its total investment cost s. Thus, if the EIB signs a contract for 25% of a project in a particular year, 25% of the project emissions will be r eported in that year.

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