Carbon footprint analysis of EIB projects does not include the implementation period if the project, but only the
operating period. Emission factors recommended for using are those specific to the project, and in case of
unavailability, IPCC factors will be used. Emissions are calculated for the entire project, even if is required a smaller
involvement of the bank in financing the investment.
The methodology used by the EBRD in order to evaluate carbon of funded projects resembles that of EIB, once
EIB is one of the shareholders. However, there are specific features in order to simplify the calculation method as
(EBRD, 2010):
Establishing 5 absolute emission thresholds: negligible, low, medium to low, medium to high and high. For
projects with negligible emissions, GHG analysis is not necessary, and for projects with low and medium to low
emissions, the analysis is optional;