The Gold Standard (GS), or Gold Standard for the Global Goals, is a standard and logo certification mark program, for non-governmental emission reductions projects in the Clean Development Mechanism (CDM), the Voluntary Carbon Market and other climate and development interventions. It is published and administered by the Gold Standard Foundation, a non-profit foundation headquartered in Geneva, Switzerland. It was designed with an intent to ensure that carbon credits are real, verifiable, and that projects make measurable contributions to sustainable development. The objective of the GS is to add branding, with a quality label, to carbon credits[1] generated by projects which can then be bought and traded by countries that have a binding legal commitment according to the Kyoto Protocol, businesses, or other organizations for carbon offsetting purposes.
The Gold Standard for CDM (GS-CER) was developed in 2003 by World Wide Fund for Nature (WWF), South-North, and Helio International. The Voluntary Gold Standard (GS-VER), a standard for use within the voluntary carbon market, was launched in May 2006.[2] The programs were created following a 12-month consultation period that included workshops and web-based consultation conducted by an independent standard advisory board composed of non-governmental organizations (NGOs), scientists, project developers and government representatives.
As of October 2018, more than 80 non-profit organizations internationally had officially endorsed the Gold Standard program.[3]
The program is administered by the Gold Standard Foundation, a non-profit foundation under Swiss law that is headquartered in Geneva, Switzerland.[4] It also employs local experts in Brazil, India, and South Africa.
In July 2008, the Gold Standard Version 2.0 was released, including sets of guidelines and manuals on the GS requirements, toolkits, and other supporting documents to be used by project developers and DOEs. This relegated the previously applicable manuals to Version 1.0. The Version 2.0 also supports Program of Activities (PoA).
In July 2017, a new version called the Gold Standard for the Global Goals was released, superseding the previous Gold Standards.[5]
Make a net-positive contribution to the economic as well as the environmental and social welfare of the local population that hosts it, in the form of contributions to a minimum of three Sustainable Development Goals (SDGs)
The Gold Standard Registryedit
Status of projects that apply for Gold Standard can be tracked on its registry.[9] Project Developers, Designated Operational Entities (DOEs) (also known as Validators), Traders and Buyers of credits can open accounts with the registry. There are various publicly available reports.
^. The Gold Standard. Archived from the original on 2018-10-12. Retrieved 2018-10-11.
^"Contact". The Gold Standard. Retrieved 2018-10-11.
^"New Standard Launched to Accelerate and Measure Progress Toward the Sustainable Development Goals and Climate Targets" (Press release). Gold Standard Foundation. 10 July 2017.
^Bernstein, S.; Betsill, M.; Hoffmann, M.; Paterson, M. (2010). "A Tale of Two Copenhagens: Carbon Markets and Climate Governance". Millennium - Journal of International Studies. 39 (1): 161–173. doi:10.1177/0305829810372480. S2CID 144401144.
^Blok, A (2010). "Topologies of climate change: actor-network theory, relational-scalar analytics, and carbon-market overflows". Environment and Planning D: Society and Space. 28 (5): 896–912. Bibcode:2010EnPlD..28..896B. doi:10.1068/d0309. S2CID 145650089.
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This article contains content that is written like an advertisement Please help improve it by removing promotional content and inappropriate external links and by adding encyclopedic content written from a neutral point of view April 2012 Learn how and when to remove this message The Gold Standard GS or Gold Standard for the Global Goals is a standard and logo certification mark program for non governmental emission reductions projects in the Clean Development Mechanism CDM the Voluntary Carbon Market and other climate and development interventions It is published and administered by the Gold Standard Foundation a non profit foundation headquartered in Geneva Switzerland It was designed with an intent to ensure that carbon credits are real verifiable and that projects make measurable contributions to sustainable development The objective of the GS is to add branding with a quality label to carbon credits 1 generated by projects which can then be bought and traded by countries that have a binding legal commitment according to the Kyoto Protocol businesses or other organizations for carbon offsetting purposes The Gold Standard logo Contents 1 History 2 Scholarly recognition and criticisms 3 Eligibility 4 The Gold Standard Registry 5 See also 6 References 7 External linksHistory editThe Gold Standard for CDM GS CER was developed in 2003 by World Wide Fund for Nature WWF South North and Helio International The Voluntary Gold Standard GS VER a standard for use within the voluntary carbon market was launched in May 2006 2 The programs were created following a 12 month consultation period that included workshops and web based consultation conducted by an independent standard advisory board composed of non governmental organizations NGOs scientists project developers and government representatives As of October 2018 more than 80 non profit organizations internationally had officially endorsed the Gold Standard program 3 The program is administered by the Gold Standard Foundation a non profit foundation under Swiss law that is headquartered in Geneva Switzerland 4 It also employs local experts in Brazil India and South Africa In July 2008 the Gold Standard Version 2 0 was released including sets of guidelines and manuals on the GS requirements toolkits and other supporting documents to be used by project developers and DOEs This relegated the previously applicable manuals to Version 1 0 The Version 2 0 also supports Program of Activities PoA In July 2017 a new version called the Gold Standard for the Global Goals was released superseding the previous Gold Standards 5 Scholarly recognition and criticisms editThe Gold Standard is recognized by carbon market and scholars of carbon markets and climate change politics scholars as a prime example of voluntary standards 6 As a program certifying emissions trading programs criticisms of the general practice of emissions trading may also generally apply to the Gold Standard certification program 7 Eligibility editTo be eligible for Gold Standard Certification a project must Be a Gold Standard approved Renewable Energy Supply or End use Energy Efficiency Afforestation Reforestation or Agriculture project type Be reducing one of the three eligible Green House Gases Carbon Dioxide CO2 Methane CH4 and Nitrous Oxide N2O Not employ Official Development Assistance ODA under the condition that the credits coming out of the project are transferred to the donor country Not be applying for other certifications to ensure there is no double counting of credits Demonstrate its additionality by using the United Nations Framework Convention on Climate Change s UNFCCC Large Scale Additionality Tool 8 and show that the project is not a business as usual scenario Make a net positive contribution to the economic as well as the environmental and social welfare of the local population that hosts it in the form of contributions to a minimum of three Sustainable Development Goals SDGs The Gold Standard Registry editStatus of projects that apply for Gold Standard can be tracked on its registry 9 Project Developers Designated Operational Entities DOEs also known as Validators Traders and Buyers of credits can open accounts with the registry There are various publicly available reports See also editClimate Community amp Biodiversity Alliance Verified Carbon StandardReferences edit FAQ about Offsetting amp the Voluntary Carbon Market www act4 io Retrieved 2022 06 03 carbonfootprint com Carbon Offset Standards www carbonfootprint com Retrieved 2023 04 08 Who We Are The Gold Standard Archived from the original on 2018 10 12 Retrieved 2018 10 11 Contact The Gold Standard Retrieved 2018 10 11 New Standard Launched to Accelerate and Measure Progress Toward the Sustainable Development Goals and Climate Targets Press release Gold Standard Foundation 10 July 2017 Bernstein S Betsill M Hoffmann M Paterson M 2010 A Tale of Two Copenhagens Carbon Markets and Climate Governance Millennium Journal of International Studies 39 1 161 173 doi 10 1177 0305829810372480 S2CID 144401144 Blok A 2010 Topologies of climate change actor network theory relational scalar analytics and carbon market overflows Environment and Planning D Society and Space 28 5 896 912 Bibcode 2010EnPlD 28 896B doi 10 1068 d0309 S2CID 145650089 CDM Tools Project Registry Gold Standard Retrieved 2018 08 22 External links editGold Standard organization Retrieved from https en wikipedia org w index php title Gold Standard carbon offset standard amp oldid 1214875297, wikipedia, wiki, book, books, library,
