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Strategic Initiatives

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Key strategic initiatives support the development, deployment and scaling of the various applications of Gold Standard for the Global Goals. To learn more about these initiatives or to participate in programme working groups, consider becoming part of the Gold Standard platform>>

Environmental markets

The standard maximises the positive impacts – and associated value – of assets in carbon markets and renewable energy markets to ensure environmental integrity and contributions to sustainable development. Projects certified under Gold Standard for the Global Goals can issue tradable products, including carbon credits – verified emission reductions (VERs) for voluntary carbon markets, labels for certified emission reductions (CERs) for compliance markets – labels for renewable energy products (e.g., International Renewable Energy Certificates, or I-RECs), and Water Benefit Certificates.

Results-based finance for development

Certified impacts toward the Sustainable Development Goals allow for innovative pay-for-performance financing structures for development agencies, foundations, and other donors. Gold Standard current provides Certified SDG Impacts for Health and Gender.

Corporate climate and SDG reporting

Using Gold Standard for the Global Goals for sustainable supply chain programmes enables credible, third-party verified claims for Scope 3 greenhouse gas (GHG) accounting, while also capturing the additional SDG impacts of these initiatives for reporting on shared value creation or progress to net-positive goals.

Large-scale climate and development

To support urgently-needed scaling up of climate and development action, the standard provides practical applications for sustainable urban development and infrastructure as well as fund-level certification and landscape approaches (both in development).

Environmental Markets

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Future proofing the voluntary carbon market
Despite the proven track record of the voluntary carbon market to increase ambition beyond international commitments, it faces an important risk of double counting post-2020. With support from the German government, Gold Standard is working with its project developer partners to identify which projects are at risk for double counting and to develop new mechanisms to ensure that the voluntary carbon market remains an effective mechanism for incentivizing and leveraging voluntary climate action in the post-Paris world.
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Transparency Initiative
Gold Standard supports transparency in carbon markets and broader climate finance. As we look toward the structure and rules governing carbon emissions trading post-2020 when the Paris Agreement goes into effect, we will advocate for more disclosure on this important stream of climate finance and better access to information for all market participants and civil society. The organisations listed here have demonstrated their support for greater access to information about supply, demand, and price variability of carbon credits.
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Results Based Finance for Development

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Building demand for Certified SDG Impacts
In 2017 Gold Standard led a market assessment to explore the demand for Certified SDG Impacts related to clean cooking and heating technologies, including short-lived climate pollutants, health and gender equality. In 2018, we are interested in working with partners to develop go-to-market strategies to build demand for funding these impacts.
 
Contact platform@goldstandard.org if you are interested in helping shape this work.

Corporate Climate + SDG Reporting

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Corporate Climate Leadership Guidelines
It’s clear that the business sector needs to get involved if we are to have any chance of staying within the 2C threshold deemed acceptable by scientists. Gold Standard, CDP and WWF have co-developed guidelines for best practice climate action – elevating climate strategies from carbon management to climate stewardship. With the overarching message to ‘reduce within: finance beyond’, these guidelines encourage corporates to mitigate their own greenhouse gas emissions in line with science, while supporting developing countries’ low-carbon development.
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Scope 3 Emission Reduction Framework
To ensure long term success, a growing number of companies are looking at the climate impact of their value chains. Indirect emissions (scope 3) usually represents the largest source of emissions for an organisation. Companies are seeking alignment, transparency and validation of the ways to account and report on the impacts achieved through these scope 3 interventions. With support from Climate KIC, Gold Standard is working with WRI, WWF, CDP and others to develop a programme to create a cost effective yet credible pathway to verify scope 3 emission and impact reductions, providing much needed accounting and certification solutions to the 2000+ corporates already committed to acting against climate change.

Large-scale Climate + Development

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Sustainable Urban Development + Infrastructure
Developed with support from WWF, World Bank, UNDP and Climate KIC, the Gold Standard Sustainable Urban Development module is designed to help urban projects achieve best practice and quantify their climate and development impacts to help attract investments for low carbon development in urban areas.
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Technology

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The IT Revolution
Transparency of our projects, processes and claims are vital in ensuring the ongoing integrity of our work. An important part of ensuring this transparency is through our IT systems and infrastructure. Anyone, anywhere can view all the information and documentation around Gold Standard projects in our public registry>> We are also working to develop next-generation technology solutions, including Gold Standard IQ TM, a next-generation Impact Quantification system designed to dramatically reduce project development time and costs while improving ability to demonstrate impacts.
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