We help clients track progress on their climate commitments and develop comprehensive GHG inventories.
GHG Inventory and Carbon Footprint
Preparing the GHG Inventory for LULUCF Sector for India
The study aims to develop GHG inventory for India’s LULUCF sector for 2017-19, utilising the methodologies laid out in the IPCC Good Practice Guidance 2003 (IPCC National Greenhouse Gas Inventories Programme, 2003). This will involve an estimation of emissions released from the following sectors – Land-Use Change and Forestry; Croplands, Grasslands, Settlements, Wetlands and Other Lands; and Non-CO2 gases emissions from biomass burning in forest land. This will assist in the establishment of a comprehensive, transparent, and accurate Activity Data (AD) base, emission factors (EF), and GHG Inventory (CO2, CH4, N2O) for the LULUCF sector.
Establishing Climate Inventory and Monitoring System in Gujarat and Maharashtra
Strengthening Sikkim’s vision of carbon neutrality, IORA developed Sikkim Climate Inventory and Monitoring System (SCIMS). It is a first of its kind web based automated system that annually inventorises Green House Gas (GHG) emissions by sources and sinks with additional capability of measuring , reporting and verifying (MRV) emission reduction and sequestration achieved through various actions of the state, the corporates, communities, and through individual efforts. Supported by Shakti Sustainable Energy Foundation, IORA is presently engaged in executing institutional and outreach activities for SCIMS. Under the same project, IORA is working closely with Gujarat Energy Research and Management Institute (GERMI) to support Gujarat in implementing its SAPCC. We will also develop a GHG inventory and Climate MRV system for Maharashtra on the lines of SCIMS. IORA is developing GHG emission baselines to identify high emission sectors and sectoral trends for both these states.
Development of GHG Inventory and MRV System for Sikkim
IORA supported the Government of Sikkim in developing and implementing a first-of-its-kind State level GHG Inventory and Climate MRV System called the ‘Sikkim Climate Inventory and Monitoring System (SCIMS)’. It provides data on emissions and sequestration trends across the state, and tracks actions that contribute to GHG emission reduction/sequestration. The platform also offers an avenue for evidence based green climate governance, enabling Sikkim to remain a carbon neutral state.
System Assessment and Design of a National Meta Registry to Support Cost-Effective GHG Reduction in India
World Bank engaged IORA and HIS Markit to develop a National “Meta-Registry” which aimed to support cost-effective GHG Emission Reduction in India. This registry serves as a data management system to monitor and facilitate the transaction, transfer, and Measurement, Reporting & Verification (MRV) of all current and proposed Market-based Mechanisms (MBMs). It also hosts and link infrastructure of the existing and upcoming MBM registries, and therefore serves as a transaction registry.
IORA performed a needs assessment for the Meta-Registry, while analysing its functionality, operations, required regulations and data management needs. Additionally, we defined the registry’s functional and technical specifications and provided a Meta-Registry Needs Assessment Report, Technical Specifications Report and a Functional Specifications Report.
Greenhouse Gas Inventory for TNC and Biennial update reports II and III under the “Preparation of Third National Communication (TNC) and other new information to UNFCC”
IORA supported MoEFCC in developing a GHG inventory for the Aviation, Marine and Railways sectors for the years 2015 and 2016. It also contributed to India’s BURII, BURIII and NATCOM III reports. The BUR-III recognises our work on Sikkim Climate Inventory and Monitoring System (SCIMS).
Issuance and Commercialization of Carbon Credits
Laya has registered two Gold Standard (GS) standalone project in line with the National initiative of the Ministry of New and Renewable Energy (MNRE), Government of India (GoI), which aims to primarily enhance the availability of clean and efficient energy. The projects use GS methodologies and UNFCCC CDM small-scale methodologies. IORA has been involved in preparing GS monitoring reports and credits transaction for these two projects.
Established in 2003 by WWF and other international NGOs as a best practice standard to ensure projects that reduced carbon emissions under the UN’s Clean Development Mechanism (CDM) also delivered on the dual mandate to foster sustainable development, Gold Standard now has more than 80 NGO supporters and 1400+ projects in over 80 countries, creating billions of dollars of shared value from climate and development action worldwide.
See https://www.goldstandard.org/ for further details.
IORA-Carbon Asset Management (IORA – CAM)
IORA supports Indian developers in obtaining optimum finance for their carbon offsets in the global markets. With a strong connection with both regulatory and voluntary buyers, IORA has helped transact over 4 million carbon offsets from India in the last 7 years. We help our clients structure and transact multi project portfolio transactions, access upfront financing against their carbon offset portfolio and retire offsets on their behalf.