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27Aug

Scaling the voluntary carbon market? Let's think bigger.

At Gold Standard, we are taking steps to respond to new drivers shaping the voluntary carbon market in the new context of the Paris Agreement, the need for science-based mitigation hierarchy as well as the work of the Task Force for Scaling the Voluntary Carbon Market (TSVCM). We are also looking to the longer-term, and the role of markets in helping to achieve the global balance of emissions sinks and sources needed to achieve the goals adopted in Paris.

22Jun

Climate impact claims to crowd in private sector finance

Given the binary nature of the Kyoto Protocol, under which only developed countries took on emissions limits, a “carbon neutral” target has been a simple way for companies to set ambition and take action outside their boundaries – that is, beyond what would be included in their inventory reporting – and to unlock unique claims.

Today, the picture is more complex and dynamic:

22Jun

Open letter – Feedback by the Gold Standard Foundation to the TSVCM’s Phase II Public Consultation

 

1. SCALING THE MARKET AND CURRENT LIMITATIONS IN SCOPE

The core stated aim of the TSVCM is to ‘scale an effective and efficient voluntary carbon market to help meet the goals of the Paris Agreement.’ With the assumption that effective means ‘with integrity and quality’, as stated elsewhere in this and previous documents, we highlight the following key limitations and concerns and then make recommendations regarding how to address each of them, to make these efforts credible.

21May

How to spot greenwashing – and how to stop it

The adoption of the EU Sustainable Finance Taxonomy on 21st April – an investor's guide that defines green investments – has become embroiled in a greenwashing scandal. This taxonomy was intended to be the EU Commission’s keystone regulation underpinning the sustainable finance pillar of the EU Green Deal, with the objective of preventing greenwashing.

21May

Let’s remove ONLY what we can’t avoid

The tech sector in particular is going big on removals, some so far as Microsoft who promise to remove more carbon than they have emitted. Stripe has introduced a product allowing businesses to contribute funds to technology-based carbon sequestration. And a growing number of start-ups are snubbing avoided emissions and directing climate contributions toward removals – even at the expense of core integrity principles like additionality and robust monitoring.

10May

Scope 3 Reductions Key for Credible Net Zero Strategies

In some cases, greenwashing claims are merited. In others, companies may lack the data, tools, or expertise to create best practice strategies with detailed plans to achieve them. The limiting factor for many companies underpinning all three is the complex challenge of Scope 3, or value chain emissions.

07May

Corresponding Adjustments not an Unsurmountable Obstacle - Interview with Hugh Salway

Q. The focus of Gold Standard’s recent consultation is how to align with the Paris Agreement. The growth and development of the voluntary market has in the past few decades been largely independent to government frameworks. Why is it important for you to align with the Paris Agreement?

07May

Claims + Credibility: Embracing Diversification to Scale Carbon Markets

If total greenhouse gas emissions in new or updated country plans offer a mere 0.5% reduction, greater ambition is needed from governments to fill this gap. Can a robust voluntary carbon market play an important role in this context?

06Apr

New claims for a new era of private sector carbon finance

Originally published on Carbon Pulse.

Sarah Leugers
Director of Communications, Gold Standard

We’re now in a new policy era that means that credits used to offset and claim carbon neutrality must have corresponding adjustments to give certainty that the fundamental promise of carbon offsetting – that the atmosphere is no worse off – is fulfilled.