Transcription of EIB Project Carbon Footprint Methodologies
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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. The task manager was Nancy Saich, assisted by Oliver Johnson and members of the Carbon Footprint Task Force.
terms of incremental GHG emissions. Where appropriate, the Bank uses an economic (shadow price) of carbon to convert changes in tonnes of GHG into euros. In short, whilst the carbon footprint is an important metric in its own right, it should be seen within the context of the overall economic appraisal of a project.
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