Achieving greenhouse gas (GHG) emission reductions of at least 5% compared to the 1990 level requires action now. With the Kyoto Protocol expected to enter into force during 2004, companies and governments are already implementing policies and programmes addressing such reductions. Introduction of emission trading systems, voluntary reduction and reporting programs, carbon or energy taxes, and regulations and standards on energy efficiency and emissions, requires that you begin to manage and reduce GHG emissions and risks.

The Kyoto Protocol introduced three mechanisms to supplement national actions to achieve real, long-term, measurable, and cost-effective GHG reductions: Clean Development Mechanism (CDM) projects, Joint Implementation (JI), and International Emissions Trading (IET). The European Directive on Emissions Trading (EU ETS) limiting CO₂ -emissions in the European Union (EU) and accession countries was agreed upon by the European Commission in 2003.


Partner with DNV for:

• Clean Development Mechanism projects. These are emissions reduction projects where an industrialised country invests in an emissions reduction project in a developing country. We provide a project validation or verification/certification as required by the Kyoto Protocol.
  
  
• Joint Implementation projects. These are emissions reduction projects where one industrialised country invests in another industrialised country. Both countries must be Kyoto Protocol signatory states. We provide project verification as required by the Kyoto Protocol.
  
  
• Emissions Trading. There are both international and national schemes that allow for sale or transfer of achieved GHG emissions reductions/removals, such as the European Directive on Emissions Trading (EU ETS) and the UK Emissions Trading Scheme (UKETS). We provide a range of verification services for these mechanisms.

DNV has specialised in delivering independent, third party services for climate change activities, and has over the last six years been engaged in a number of diverse validation, verification, and certification activities. You can find a downloadable list of selected project references under "related info" on the right.

Accreditation
DNV has developed methodologies to secure transparent, reliable and credible audit results, and we are accredited under both the Californian Climate Action Registry in the US and the UK Emissions Trading Scheme. We expect to become accredited by UNFCCC (United Nations Framework Convention on Climate Change) as an "operating entity" under Clean Development Mechanism early in 2004.