Page 1 of 5

Public Consultation: Co-creating the Methodological Standard for Avoided Emissions in Circular Models and Waste Management

NB: Ce document est la version originale de la consultation, en anglais. Si vous préférez le français, une autre version est disponible ici.

About Climate Dividends

The Climate Dividends initiative aims to accelerate the funding of the ecological transition by making extra-financial performance, starting with climate performance, count as much as financial performance.

To achieve this, we provide - a standardized, open-source framework - and a certification mechanism

to measure and value a company's positive climate contribution (avoided or removed CO2e emissions).

Climate Dividends is a global framework with a generic protocol that is declined per sector / solutions to ensure that the methodologies are as rigorous and applicable as possible. We call those sectoral methodologies “cookbooks”.

Several cookbooks already exist. In 2026, we launched two dedicated working groups to focus on circular economy topics, one concerning specifically circular models and another on waste management solutions.

Circular economy strongly resonates with Climate Dividends DNA since our objective is to change the value paradigm and to integrate extra financial performance in the business models, what circularity does by essence. And in addition, it echoes the work undergone over the past years by Brune Poirson, Climate Dividends’ president, when she pushed for the AGEC law in France, a key law to limit single use plastic and recognise the benefits of a circular economy.

These working groups are composed of industry leaders and technical experts. They capitalise on existing and external work and on Climate Dividends’ expertise. Their mission is to each develop a cookbook aligned with the Climate Dividends Framework - to assess avoided emissions in the circular economy.

We aim at publishing these cookbooks by Q3 2026.

Our Objective

The purpose of this public consultation is to collect feedback, technical insights, and perspectives from all stakeholders (industry players, environmental NGOs, academic experts, and financial institutions).

Scope of the Consultation

This questionnaire addresses the challenges of circularity in the broadest sense. It is structured around the two main categories of climate solutions covered by our 2 working groups:

- Waste Management Systems: Focusing on methodologies for waste recycling (including plastic, metal, paper, and glass), anaerobic digestion, composting, landfilling and incineration.

- Circular Models: Focusing on product life-extension models, specifically covering repairing, second-hand products, refurbishing, and renting.

How to participate

This public consultation is freely open to everyone. We highly encourage you to share it as widely as possible within your professional networks so we can build a strong, industry-wide consensus.

Deadline for submissions: May 19th

Important Note: This is not a vote. It is a technical consultation. Your feedback will be used to ensure the final methodology is scientifically robust, compliant with the Climate Dividends Generic Framework (what we call our “Protocol”) credible for investors, valuable for businesses and - most importantly - aligned with operational reality. The final methodology will be published shortly and will be translated into specific practical guides for each business type.

Thank you for your time, your expertise, and your commitment to building a transparent framework to assess and value climate solutions!

Transparency & Anonymity:

The results of this consultation will be shared with the ecosystem and made public to contribute to the debate. However, all data will be anonymized: your name and the name of your organization will never be linked to your specific answers in any public reporting.

Note: the tool we use (Tally) should save your answer if you were to start it and finish later on.