Methodology clarification
What requirements must be met to add New Area?
According to LUF Activity Requirements 2.1.17, the inclusion of new areas shall follow the Project Design Certification process as per Principles and Requirements. The Project Developer should assess if the new areas present material differences from ...
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.
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 ...
When do the updated Global Warming Potential (GWP) values come into force?
The Global Warming Potential (GWP) values for calculating the carbon dioxide equivalence of anthropogenic emissions by sources and removals by sinks have been updated as per IPCC AR5. These updates have been decided by the Gold Standard Technical ...
Does the independent expert provide other information regarding hydropower project activities?
Besides the issues listed above, the expert(s) is free to include any other issue that they identify as being relevant for the project. The Project Developers have the opportunity to provide their views on the identified issues and their relevance as ...
Does my project need to demonstrate Ongoing Financial Need, or additionality, for International renewable energy certificates (I-RECs) to be issued?
In line with renewable energy certificate market practice, projects issuing renewable energy labels are not required to demonstrate Ongoing Financial Need, or ‘additionality’. However, if a project wishes to also be able to issue Gold Standard ...
How is the carbon stored in forests measured?
The quantity of carbon stored in a forest depends on factors such as geographical location, species, soil type, and climate. To ensure that no overestimation is made on the carbon stored by the forest, Gold Standard has set different safeguards: - ...
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 ...
Must my project demonstrate additionality? (Env. Market – FAQ)
Yes. All Gold Standard Projects seeking the issuance of GS-VERs or GS-CERs shall be demonstrated to be additional, meaning a project has reduced anthropogenic emissions of greenhouse gas (GHG) below those that would have occurred in the absence of ...
What happens if the Project Developer becomes aware that an emission regulation has been breached/is being breached?
In this case, the Project Developer shall: Inform Gold Standard immediately Immediately take the measures necessary to ensure compliance is restored within the shortest possible time Where a breach of the applicable regulations poses an immediate ...
What happens if a breach in regulations is dangerous to human health or the environment?
Where a breach of the applicable regulations poses an immediate danger to human health or threatens to cause an immediate significant adverse effect upon the environment, the project will be withdrawn from Gold Standard until compliance is restored ...
What approaches can be used to quantify contributions to Sustainable Development Goals (SDGs)?
Option 1 – For any SDG Impact, the Project Developer shall review the UN SDG Targets and Indicators from the relevant National SDG Indicators, or in their absence, the latest internationally adopted version or the latest version ‘under consideration’ ...