This methodological tool establishes a standardised, quantitative, and simplified procedure for conducting common practice analysis within the Gold Standard for the Global Goals framework. Its primary function is to provide a systematic framework for evaluating the market penetration of a proposed technology, measure, or practice as part of the overall additionality assessment.
Key features of this new tool include:
1. Quantitative Framework: This introduces a scientifically robust method for determining the Common Practice Threshold (Fmax). It utilises Technology Maturity Categories (TMC), replacing previous indicative values with evidence-based thresholds grounded in diffusion of innovations theory (S-curves).
2. Stock and Flow Approaches: The tool provides clear guidance on selecting and applying either the Stock-Based (cumulative diffusion) or Flow-Based (rate of adoption) assessment approaches to accurately reflect diverse market dynamics and technology lifecycles.
3. Differentiated Thresholds: It incorporates differentiated Fmax thresholds, including higher thresholds for Least Developed Countries (LDCs) and Small Island Developing States (SIDS), to promote equity and sustainable development.
We invite all stakeholders to review the tool and submit feedback regarding the proposed approach, the application of Stock and Flow approaches, and the differentiated thresholds. Your input is crucial for ensuring this tool is practical, equitable, and effective in assessing the additionality of climate projects.
FEEDBACK SCOPE: Please note that Gold Standard’s decisions on Paris Agreement alignment, including the timeline of implementation, are fixed and not open to revision. This consultation is for feedback on the design of this tool to support alignment and implementation.