First Comprehensive Greenhouse Gas Accounting Tool for Chinese Cities Launched

Chinese brands boast tremendous potential for supply chain GHG emission reductions. However, Chinese brands are weak in experience and capability for GHG management. Reducing the “China link” emissions in the supply chain requires concerted efforts from multiple stakeholders including the brands, suppliers, technology providers, accounting agencies, NGOs and research institutions. Recognizing Chinese brands’ late start and the need for cooperation, WRI and BSR launched the supply chain GHG management project at the end of 2012. The Forum on Supply Chain GHG Management in Guangzhou on October 17, 2013 was one milestone of the BSR-WRI supply chain project. Brands, suppliers and third-party organizations had face-to-face communication on creating stronger win-win cooperation to reduce supply chain GHG emissions.

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At the Forum, the sponsors shared preliminary research results informed by studies and in-depth interviews with multinational brands and suppliers. The project analyzed and assessed the features and performance of existing supply chain GHG management, and identified major challenges of supply chain GHG emission reduction in China and key factors affecting reduction efforts. WRI presentations focused on GHG accounting, emission reduction target types, and key steps for target setting, and business and investment factors that could affect target level. WRI also presented on financing for energy efficiency projects. In addition, WRI disseminated a working paper, Effective Dialogue between Businesses and Investors: Guidelines of Financing Information Demand for Energy Efficiency Projects in China. This paper aims to support industrial businesses in financing energy efficiency projects and guide financial institutions, energy-saving service providers, suppliers and project developers to better assess financing possibilities for energy efficiency projects.