The Gold Standard
Gold Standard is one of the most rigorous and prestigious certification programs on a global scale, headquartered in Switzerland and supported by 60 non-governmental organizations. It measures, approves and certifies the effects of climate and development projects with the standards it has determined. It acts as a guide for the creation of high quality emission reduction projects in voluntary markets, taking into account climate change and sustainable development.
Gold Standard (GS) projects are reviewed by independent credible auditors of the United Nations. The project should achieve an actual reduction in CO2 emissions and be in line with social, economic and technical developments. The Gold Standard has determined sustainable development indicators (air quality, water quality, biodiversity, etc.) in order to define the benefits of the project. The project should share its knowledge and experience on renewable energy or energy efficiency technologies with developing countries. The Gold Standard covers many climate studies, from climate protection projects aimed at issuing carbon credits to corporate supply chain interventions. As a result, projects are certified to standards, providing confidence that results are being measured and verified, and progress towards the Paris Climate Agreement and Sustainable Development Goals is tracked.
