Pathfinder – Explores relevant climate arenas to identify and prioritise innovation opportunities
Pan European, co-ordinated from France
Valentin Bellassen, CDC Climat
Decision Metrics & Finance
South Pole Carbon Asset Management
National Physical Laboratory (NPL)
Sciences du Climat et de l'Environnement (LSCE)
Greenhouse gas inventories are used by businesses, governments and members of the public as they provide levels of allowable carbon emissions and details of how emissions can be reduced. Some industrial sectors have high uncertainties in their monitoring, reporting and verification (MRV) results which presents a barrier to carbon dioxide reductions.
MRV Sector aims to improve and increase the accuracy of monitoring techniques in order to facilitate climate change mitigation.
The EU is one of the most significant locations for the creation of GHG inventories and carbon monitoring. The success of climate change mitigation strategies associated with GHG inventories is reliant on the accurate monitoring, reporting and verification (MRV) of greenhouse gas emissions (GHGs). However, low accuracy in MRV has the potential to jeopardise the emission reductions.
Poor accuracy in GHG monitoring can act as a barrier to reduction incentives. In several high emissions sectors, such as agriculture, forestry, and transport, MRV uncertainties can be greater than 50%. High costs and low accuracy in current MRV strategies prevent industries from realising the value of climate change mitigation.