The Gold Standard was launched as an independent, NGO-backed tool to support quality offsets in the carbon market. It was originally initiated by WWF and is the only market-ready tool for carbon buyers seeking high quality certificates, that has broad backing from NGOs as well as other stakeholders. Integrated into the CDM and JI project cycle, it uses established screening methodologies to strengthen the environmental integrity of the flexible mechanisms without substantially elevating transaction costs. Gold Standard credits mean less risk for investors and fair carbon prices for project developers whilst directly supporting sustainable development strategies in host countries.
More information can be found on the new website as well as a range of materials such as an updated Gold Standard Project Design Document, manuals for developers and validators.
Website: www.cdmgoldstandard.org
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