The Gold Standard is holding a final consultation on its methodology for Joined-Up Sustainable Transition (JUST): Coal Decommissioning. The methodology supports a Just Transitionthrough the simultaneous actions of the early closure of coal-fired powerplants (CFPPs) and the installation of renewable energy power plants (REPs) ina way which does not hinder access to energy and is fair and inclusive for allstakeholders.
Following a previous consultation from 5th Nov – 5th Dec 2024, the methodology has beenrevised in line with the latest high integrity quality criteria and foralignment with the Paris Agreement. These changes include:
- Conservativebaseline accounting, below business-as-usual
- Comprehensiveactivity emissions accounting, including full life-cycle emissions for newinfrastructure
- Rigorousleakage assessments, including market leakage
- Enhancedadditionality and applicability requirements
The Gold Standard welcome all feedback on the updated methodology, particularly relating to the new elements covered above.