For buildings certified under international environmental standards such as LEED, BREEAM, and CLEVER (referring to eco-preferred buildings with characteristics that significantly reduce environmental impact over their lifecycle compared to similar structures), implementing a climate project—measures to reduce greenhouse gas (GHG) emissions—is possible.
These verified reductions allow for the release of carbon units to the market. At the same time, such emission reduction measures should lack economic justification, following the principle of additionality: the sole aim of the project should be the issuance of carbon units, without which the solutions would otherwise be unviable (e.g., operating costs of energy resources in the building do not decrease).
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In Russia, the term “climate project” is defined by the Russian Ministry of Economic Development’s Order No. 248 dated May 11, 2022, “On the Approval of Criteria and Procedures for Classifying Projects Implemented by Legal Entities, Individual Entrepreneurs, or Individuals as Climate Projects.” From a regulatory and technical perspective, climate projects are governed by GOST R ISO 14080-2021, “Russian National Standard. Greenhouse Gas Management and Related Activities. Approaches and Methodology for Implementing Climate Projects.” This article does not cover the verification of GHG emissions from various technologies for comparison and selection in climate projects.
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A specific challenge in developing a climate project is establishing a “baseline”—the level of GHG emissions from which reduction will be measured for the building. The baseline is defined in GOST R ISO 14080-2021 based on the Fifth Assessment Report by the Intergovernmental Panel on Climate Change (IPCC, 2014, AR5) and GOST R ISO 14064-2-2021. The project developer sets this baseline.
Thus, the baseline is not set at the industry average but rather a more advanced level, ensuring the climate project demonstrates significant GHG emission reductions through the use of technologies, resources, and equipment that further lower GHG emissions. Key approaches to setting baselines are outlined in the Decision of the Conference of the Parties (FCCC/PA/CMA/2021/10/Add.1, Article 6.4 of the Paris Agreement).
The additionality of a climate project should be demonstrated in accordance with Article 9 of the Federal Law No. 296-FZ “On Limiting Greenhouse Gas Emissions” (dated July 2, 2021) and criteria established by the Ministry of Economic Development’s Order No. 248 (dated May 11, 2022). However, projects using certain technologies (one or more) automatically qualify as additional:
100% of climate projects require GHG reduction verification. Certain parameters must either be continuously monitored during the verification and/or crediting period or calculated once per period, depending on the parameter. For instance, the amount of fossil fuel consumed by a building annually is measured continuously, while the average technical losses in energy distribution are assessed annually.
For more details on climate project methodology for buildings, please refer to “Climate Project Implementation Methodology No. 0005,” developed by the Institute of Global Climate and Ecology named after Academician Y.A. Israel.
Authors:
Marina Kupriyanova
Andrey Kuznetsov
Published: February 22, 2024