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. European Investment Bank The Carbon Footprint of projects financed by the Bank 3 April 2014 page 2 / 53 CAVEAT The Methodologies contained in this document are designed primarily to guide EIB Project Directorate staff in the calculation of the Carbon Footprint of the projects financed by the Bank.

• the absolute GHG emissions or sequestration of the project, and; • the emissions variation of the project i.e. the relative GHG emissions of the project, which is the difference in emissions between the “with” and the “without” scenarios. project Relative emissions can be either positive or negativesed on whether there is an , ba

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  Absolute, Relative

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