ENVIRONMENTAL ACCOUNTING AS A TOOL FOR MANAGING SUSTAINABLE

The objective of this work is to demonstrate the possibility of financially and economically viable environmental projects with Certified Emission Reductions of greenhouse gases ensuring the sustainability of these projects through the Clean Development Mechanism. The environment is a ''good world", to reduce the environmental damage to this ''public good" in Kyoto in Japan was proposed CDM - Clean Development Mechanism, where developed countries would fund environmentally friendly projects by purchasing carbon credits, and to give transparency to the operation, this paper proposes the implementation and maintenance of environmental management accounting, to both was used empirical research method, where it was found the possibility of supporting the accounting of environmental management guidelines proposed by ''GRI - Global reporting Initiative,"'international institution normative standards of reporting as report.