Greenhouse Gas Emissions Accounting for ADB Energy Project Economic Analysis

<p>This guidance note focuses on economic analysis of greenhouse gas emissions effects of projects in the energy sector. Recommendations seek to make practices consistent across cost-benefit calculations.</p><p><br></p><p>Reporting of emissions of energy projects outside of economic analysis uses a different point of comparison (a baseline scenario) than does economic analysis (a without project scenario). As economic analysis needs to use a consistent set of scenarios across benefit streams the note recommends and illustrates the use of a without project scenario for calculating emissions effects in project economic analysis.</p>