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CORSIA eligibility reflects Gold Standard principles

While the decarbonization requirements for a carbon-intensive sector like aviation under CORSIA are insufficient for what science tells us is needed to avoid catastrophic effects of climate change, the selection criteria for standards eligible under the offsetting framework does yield key insights for the future. Gold Standard has pioneered many of these best practice approaches, which stand to set a new expectation in carbon markets.

Read the 5 key takeaways

WWF + Coop achievements with Gold Standard projects

On 05 May, WWF and Coop reported on the extensive impact that their collaboration has achieved. Since 2007, Gold Standard climate protection projects run by WWF and Coop have offset around 400,000 tons of CO2 and improved the living conditions of over 460,000 people. Following best practice climate action, WWF requires that Coop reduce its climate impact and only then invest in Gold Standard-certified projects that benefit stakeholders linked to their value chain.

Read the article

Envisioning voluntary carbon markets post-2020

During 2019, Gold Standard facilitated a civil society working group to explore the options for future voluntary carbon markets during the Paris-era. The working group published a paper focused primarily on a solution, whereby voluntary carbon markets are used to facilitate contributions towards host country targets and buyers of credits use alternative claims to ‘offsetting’ or ‘carbon neutrality’. The group continues to discuss a range of solutions in a newly published paper Outlining potential scenarios for the voluntary carbon market post-2020.

The primary aim of this paper is to inform stakeholders of the key issues for further discussion, pointing to work being required in the facilitation of corresponding adjustments, additionality and claims. The main discussion points in the paper are:

The potential for double claiming between voluntary markets and host country reporting and its implications
The benefits and challenges associated with corresponding adjustments and differentiation between carbon credits with and without them
An exploration of three solutions previously put forward by ICROA and how they may be applied
The need for thoughtful transition to new solutions

Although this paper is not offered for formal consultation, the working group welcomes feedback and dialogue which can be submitted to Gold Standard at any time.

Gold Standard has continued parallel discussions with its stakeholders and Technical Advisory Committee and in February 2020 published its own principles to guide future requirements. Proposals for future Gold Standard requirements and rule updates based on those principles will be shared in the coming weeks for public consultation.

We will then host a discussion as part of the Innovate4Climate digital program:

WEBINAR

Innovate4Climate: Stronger voluntary market -
New rules to raise the bar post-2020

Wednesday 08 July 2020
3pm CEST (9am EDT)

Register to the webinar>>

Technical updates

Following ISEAL Standard Setting Code of Good Practice, Gold Standard publishes an annual work plan to inform stakeholders of anticipated updates to the standard and our supporting governance.

Our Technical Advisory Committee has approved Rule Updates aimed at providing appropriate flexibility for projects transitioning to Gold Standard from other standards, enabling project developers to more efficiently scale their programmes of activities (PoAs) to increase their impact, and ensuring all projects earning Gold Standard certification follow crediting period limits according to Gold Standard for the Global Goals.

Finally, in line with ISEAL Impacts Code of Good Practice, we have initiated a 60-day public consultation of our proposed Monitoring and Evaluation (M&E) system to track progress of the contributions that our standards system makes toward achieving long-term social, environmental or economic impacts.

WORK PLAN

2020 Work Plan

RULE UPDATES

PUBLIC CONSULTATION

Monitoring and Evaluation (M&E) system
– 60 days consultation starting the 14 May to 14 July 2020

Webinar recording: Soil Organic Carbon - A new climate solution

As the call for nature based climate solutions grows louder, Gold Standard seeks to ensure these important new practices are grounded in the most credible approaches.

On 22 April 2020, we hosted a webinar that explored our recently published Soil Organic Carbon framework and how a wide range of activities will be able to certify their carbon sequestration impacts for carbon credit issuance.

WEBINAR RECORDING

A new climate solution: Soil Organic Carbon
– led by Giancarlo Raschio and Owen Hewlett

Recorded 22 April 2020

View the webinar>>

Innovate4Climate: Stronger voluntary market - New rules to raise the bar post-2020
Register to the webinar 8 July 2020 - 3 pm CEST

Absolute Zero - A climate strategy for business resilience
Watch recorded webinar 10 May 2020

Making Sense of Net Zero and Climate Positive
Watch recorded webinar 14 May 2020

Carbon Pulse Conversations
Owen Hewlett talks integrity in markets

International Chamber of Commerce
chooses Gold Standard to offset emissions

Carbon credits explained: an industry veteran breaks down how they actually work
The Rising, 4 May 2020

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