The time value of carbon: Smart strategies to accelerate emission reductions
The Time Value of Carbon: Smart Strategies to Accelerate Emission Reductions examines how applying appropriate accounting practices can help accelerate greenhouse gas reduction efforts. This report draws on the latest accounting and decision-making practices to provide information and tools for reporting on near- and long-term climate impacts and mitigating risk.
Professional accountants can help organizations identify, quantify and articulate the benefits of early action to address near-term climate forcers (NTCFs), the short-lived greenhouse gases that significantly contribute to global warming. Accountants also recognize that action to reduce emissions today will have a greater impact than action delayed to the future.
This report will be of particular interest to accounting professionals and others involved in:
- investment decisions for projects designed to reduce greenhouse gas emissions
- providing guidance on the value of climate change mitigation reporting on greenhouse gas emissions and other sustainability issues
You will learn about:
- the relationship between greenhouse gas emissions and climate change
- the time value of carbon concept and its relevance to the accounting profession
- why NTCFs are important and the benefits of early action to reduce them
- how to quantify NTCF emissions
- how to evaluate the economic benefits of reducing emissions
- decision-making frameworks for investing in emission-reduction initiatives
- cost-effective steps for reducing NTCFs at the international, national, municipal and organizational level
- starting points for addressing NTCF emissions at the organizational level