Gold Standard selected to support Pacific Alliance countries

Gold Standard is pleased to be selected by Environment and Climate Change Canada to support Pacific Alliance countries in Latin America including Chile, Colombia, Peru and Mexico to improve access to public + private climate finance for climate action including via international carbon markets.

Gold Standard will assist in strengthening national climate measurement, reporting, and verification (MRV) systems to ensure transparent, accurate, and comparable emissions data that will track progress toward the goals of the Paris Agreement. This will help attract investment from existing and new sources of sustainable finance to accelerate that progress while directly benefiting constituents most affected by the climate emergency.

This programme will complement Gold Standard's plans to build a regional presence to support stakeholders and market growth in the Latin American region.

Climate change is affecting communities and countries across the world. Global solutions including Canada's climate finance commitments are a vital step in helping countries not only track and understand their emissions, but to also increase climate action. Our commitment in the Pacific Alliance will provide new tools while building capacity for national and local governments to establish effective and efficient climate measurement, reporting, and verification (MRV) systems to set mitigation priorities and attract the financing needed to implement their Nationally Determined Contributions (NDCs).

The Honourable Steven Guilbeault
Minister of Environment and Climate Change

Gold Standard looks forward to supporting cooperation among governments to maximise impact of climate finance to achieve the ambitions of the Paris Agreement, but also – importantly – to ensure this finance delivers tangible contributions to national development priorities of Pacific Alliance governments and to support local capacity to unlock ongoing progress toward the Sustainable Development Goals (SDGs).

Margaret Kim
CEO, Gold Standard


Read the full announcement from Environment and Climate Change Canada 


Media Category: News
Event Dates: Wednesday, July 20, 2022