181. Standardizing carbon accounting worldwide with a single, robust, cost-effective system
- Author:
- Vincent Aussilloux, Yann Coatanlem, and Karthik Ramanna
- Publication Date:
- 02-2026
- Content Type:
- Policy Brief
- Institution:
- Atlantic Council
- Abstract:
- Developed economies aren’t just underinvesting in the climate transition—they are missing the mark by an order of magnitude. Because green financing is often characterized as underperforming, the capital they do deploy rarely reaches the projects or regions where it’s needed most. But decarbonization doesn’t have to be a synonym for “high risk.” The key to unlocking high-impact, high-return investment lies in better risk management. Measuring a project’s carbon footprint with greater accuracy will mitigate the guesswork that keeps capital on the sidelines. The authors advocate for the Climate Club, an intergovernmental decarbonization forum, to select a single, robust, and cost-effective method for computing products’ carbon footprint. The framework would provide the rigor required to significantly scale climate finance and drive energy security.
- Topic:
- Climate Change, Climate Finance, Carbon Emissions, Decarbonization, Energy, Energy Transition, and Energy Markets
- Political Geography:
- Global Focus and United States of America