When do the updated Global Warming Potential (GWP) values come into force?

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• How often will Global Warming Potential values be updated?

  The Technical Advisory Committees (TACs) of Gold Standard will review and make any subsequent decisions as and when new GWP values become available from IPCC. Until that time, the AR5 values as summarised in Table 1, below, will be applied by all ...

• Does using AR5 GWP values depend on the project’s Gold Standard version or project cycle stage?

  No. This requirement is applicable to all emission reductions and removals accrued by GS4GG projects and PoAs irrespective of the Gold Standard version and project cycle stage.

• Which auditors are eligible to assess Gold Standard for Global Goals projects?

  A list of approved validation and verification bodies (VVBs) by scope is published here.

• How does the GHG Emissions Reduction and Sequestration crediting rule update apply to my project if the project is already submitted for Preliminary Review?

  The projects registered with Clean Development Mechanism (CDM), seeking labelling or transitioning to Gold Standard for the Global Goals (GS4GG) and have been submitted for preliminary review before this rule entered into force (13/05/2020) can claim ...

• What is the duration of the crediting period for projects wishing to transition to Gold Standard for the Global Goals (GS4GG)?

  The crediting period will vary.   For projects seeking to transition to GS4GG, the total duration of the crediting period, including the period that has been claimed under the original carbon credit scheme, shall not exceed the maximum crediting ...