When it comes to climate action, effective measurement, reporting and verification (MRV) of emissions and emissions reductions is critical to help countries understand GHG sources and trends, design mitigation strategies, enhance credibility and take other policy actions.
National and corporate/facility level GHG inventory systems can help countries address climate change. However, these systems are often developed independently of each other, and confusion exists regarding the purpose of and need for each inventory type.
India, recognising the challenge of pursuing rapid economic growth in a sustainable manner, has developed an energy efficiency scheme to govern large energy consumers. Energy efficiency measures can support India's development priorities while yielding climate co-benefits.
