A great number of Green Enabling Projects, key to the value chain of Green Projects, are not themselves explicitly considered green but remain critical to these eligible Green Projects.
The Green Enabling Projects Guidance seeks to provide guidance for such Green Enabling Projects encompassing both the induced and avoided emissions dimensions, as well as the management of related environmental and social (E&S) risks. This includes identifying the role that Green Enabling Projects play in catalysing and scaling the transition to a low-carbon economy in line with the goals of the Paris Agreement while recognising the complexities of value chains and challenges of multiple end-uses.
This guidance was formulated by the Executive Committee of the Principles based on the recommendations of a dedicated taskforce of the Principles to guide market practice based on existing definitions, promote issuer transparency and protect market integrity.
