Buyer Terms of Use
Effective as of 28 April 2020
The Gold Standard has created a marketplace page on our website to allow you to purchase Gold Standard-certified carbon credits from select projects. We want to make sure that you have a positive experience. Please read on to find out more about your rights as a Buyer, as well as our expectations of you.
Gold Standard’s limitation as a venue
The Gold Standard provides a venue for Buyers to find, learn about, and purchase Gold Standard-certified carbon credits from projects located around the world. By shopping on the Gold Standard Marketplace, you understand and agree that:
- You are at least eighteen (18) years old;
- You have the authority and capability to enter in to a legal contract;
- All payments are to be made through PayPal;
- All prices are in US Dollars;
- While you will pay the price shown on the website, the Gold Standard will take 20% of the proceeds from your purchase price to cover the variable PayPal charges and administration costs for maintaining the platform and transparently retiring the credits. The only exception is for Certified Emission Reductions CERs sold in the Climate+ Portfolio, where all proceeds go directly to Gold Standard to support its work.
- Your purchase and retirement of credits will be publicly available information on the Gold Standard Registry or UN system, and your name may be publicly displayed; and
- After purchase, the Gold Standard will retire the carbon credits on your behalf within 30 days from the end of the month of purchase. This is essential to ensure the credits are not recirculated or resold.
Communicating with project developers (Sellers)
The contact information for the Seller will be posted on the project’s listing. Feel free to communicate directly with the Seller if you have any questions about the project. However, you may not:
- Send unsolicited advertisements or promotions, request for donations, or other spam;
- Harass or otherwise abuse a project developer to support or glorify hatred toward people based upon race, ethnicity, religion, gender, gender identity, disability, or sexual orientation;
- Contact someone after they have explicitly asked you not to; or
- Interfere with the business of the project developer in any way.
Copyright
The images and information related to each project belong to our independent project developers. For any project supported, you may use the information and the images included in the project profiles on the Gold Standard website for communication purposes as long as you accredit the relevant project developers(s).
Purchasing credits on the Gold Standard Marketplace
When you buy Gold Standard-certified carbon credits on the Gold Standard Marketplace, you’re directly supporting an independent business. By making this purchase, you agree that:
- You have read the project listing, including the project description, before making a purchase;
- You will submit appropriate and timely payment for the credits purchased;
- The Gold Standard will retire the credits on your behalf in the Gold Standard Project Marketplace registry account or in the UN system.
Refunds
The carbon credits you purchase will be retired by Gold Standard so that they cannot be recirculated or resold. They are therefore non-refundable.
Tax Deduction
Your purchase of Gold Standard-certified carbon credits may be tax deductible depending on the laws of your home country. The Gold Standard makes no representations or warranties as to whether your purchase is tax deductible. The Gold Standard will not at any time provide any advice as to whether your purchase is tax deductible. Instead, you should consult a local tax professional.
Governing Law
The laws of Switzerland govern transactions on the Gold Standard Marketplace.
How it works
- Determine the number of carbon credits you need to offset your carbon footprint.
- Peruse the Gold Standard Marketplace for interesting projects.
- Pick a project, select the number of credits you wish to purchase, and then add them to your basket.
- Go to your basket and check-out. For this process, you will need to pay through PayPal.
- We endeavour to retire the credits within 30 days from the end of the month of purchase.
- You will receive an email from Gold Standard to confirm your purchase and one from PayPal outlining the transaction.
- You can claim you have offset your carbon footprint with Gold Standard certified emission reductions!
Definitions
- The “Gold Standard Registry” is the online tool that stores and displays all information related to a project and its carbon credits. Please see https://registry.goldstandard.org/projects
- A “carbon credit” is a unit that represents one tonne of carbon dioxide (or its equivalent) that has been permanently reduced from the atmosphere.
- A carbon credit is "retired" when it is purchased for carbon offsetting purposes and subsequently cancelled or "retired" on the Gold Standard Registry. This means that the carbon credit can no longer be bought or sold.