Green Asia Releases Official Korean Translation of International Greenhouse Gas Protocol
The official translation of international standards and guidelines for the Measurement, Reporting, and Verification (MRV) of greenhouse gases has been released, which is expected to assist domestic companies with exports and disclosures.
The climate and environmental non-governmental organization, Green Asia, announced on the 24th that it has signed an agreement with the World Resources Institute (WRI) and released the official Korean translation of the Greenhouse Gas Protocol (GHG Protocol).
The GHG Protocol serves as a global standard for greenhouse gas MRV and consists of a total of seven standards and ten guidelines. The "Corporate Accounting and Reporting Standard" was the first to be translated, and the remaining standards and guidelines are scheduled to be released sequentially by the first half of next year.
Oh Ki-chul, Executive Director of Green Asia, stated, "As the era of carbon trade becomes more pronounced, failure to measure and report in accordance with global greenhouse gas standards can become a matter of survival for companies engaged in exports and investments. It is urgent that the government and companies systematically and proactively develop the capabilities of their staff to overcome global carbon barriers, including training programs to foster 10,000 experts and support small and medium-sized enterprises."
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The translated version is available for free download on both the Green Asia website and the official GHG Protocol website. Green Asia has collaborated with WRI on pilot testing and review for the development of new guidelines, and is responsible for supporting and protecting the rights to the GHG Protocol within Korea.
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