ISO Issues Standard to Promote Emissions Trading

The International Organization for Standardization (ISO) has issued ISO 014065:2007, a new addition addressing climate change and supporting emissions trading schemes. ISO launched its greenhouse gas accounting and verification standards (ISO 14064:2006) about a year ago; this complementary new standard was published April 15 and contains accreditation requirements for organizations that validate or verify GHG emission assertions or claims.

For example regulators, investors, and others, this demonstrates that the bodies providing the declarations are competent to do so and have the necessary systems in place. Together, the standards will promote and harmonize best practices and also support the development of GHG programs and markets, ISO said.

ISO 14065 was developed by a working group of some 70 international experts. "The participants at the 2007 World Economic Forum in Davos agreed that climate change constitutes by far the greatest threat to the world economy," ISO Secretary-General Alan Bryden said. "ISO 14064 and ISO 14065 are good examples of ISO's ongoing efforts to develop and promote practical tools that contribute to the sustainable development of the planet."

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