Gold Standard has launched a new tool to help developers more efficiently monitor, quantify and verify a project's contributions to the Sustainable Development Goals (SDGs).
Built on principles formed in the SDG Tool Guidance co-developed with myclimate, Climate Seed, the Swedish Energy Agency, and UN SDSN, this excel-based tool provides a standardized template to clearly and transparently monitor SDG impact alongside carbon reductions – making the process more efficient and minimising the cost of Monitoring, Reporting and Verification (MRV) for both project developers and auditors.
We are piloting this tool with project developers to test how it works and what improvements can be made. Piloting will last for 60 days.
Once this 60-day piloting phase is complete, we will incorporate the feedback to refine the tool and release along with user guidance as part of the Gold Standard for the Global Goals templates.
In parallel we are working to further automate and digitalise the tools, so they are seamlessly integrated into the standard documents and certification workflows and deliver enhanced impact reporting capabilities.