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The Gold Standard launches its new rules and requirements V2.2

The Gold Standard released the new version of its requirements, known as GS V2.2, to a packed side event at this year’s flagship carbon market event, Carbon Expo, in the German city of Cologne.

The revised Gold Standard Rule Book was a culmination of more than 12-months work incorporating rule updates on Programmes of Activities, micro-scale schemes, project eligibility criteria, new guidelines on sustainable development assessments and much more. The revised rules were much anticipated by the market as they have expanded The Gold Standard scope to waste handling and disposal, provide more detailed guidelines for project developers and auditors on the assessment of sustainable development aspects and include new procedures such as a Grievance Mechanism to make the standard more robust.

The Gold Standard gratefully acknowledges the main sponsors, CEPREI and ERM CVS and the German Ministry for the Environment, Nature Conservation and Nuclear Safety (BMU). We would also like to thank all our stakeholders whose continuous feedback and input have made the revisions possible.

Version 2.2 is available for immediate use and project applicants currently using V2.1 may choose to implement part or all of the upgrades available in V2.2.

The below outlines some of the main changes within the new rules and requirements:

Rule clarifications:

New guidance includes:

The Gold Standard has streamlined its rules and procedures by providing:

Strengthened Governance:

Scope – Expansion & Eligibility:

The Gold Standard has expanded its scope to include waste handling & disposal, which includes all waste handling activities that deliver an energy service (e.g. LFG with some electricity generation) or a usable product with sustainable development benefits (e.g. composting).

The Gold Standard has also revised eligibility criteria for hydropower activities, this includes no activities in High Conservation Areas, mandatory independent expert opinion on key issues, no fast-tracking and hydropower staff training on key issues.

For more information please visit the project certification – rules and toolkit section of our website.

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