Gold Standard- A high quality carbon credit mechanism
Better image and better market position
A best practice mechanism and a high quality carbon credit label for both Kyoto and voluntary market.
The Gold Standard Foundation operates a certification scheme for carbon credits in both the voluntary and compliance offset markets. Only renewable energy and end-use energy efficiency projects that actively promote sustainable development are accepted under this scheme.
For registering the project with the Gold Standard, the same steps as followed for the Clean Development Mechanism (CDM) have to be followed with additional information required at various stages of the process. Projects that satisfy Gold Standard requirements are granted permission to use the Gold Standard brand name and logo.
Gold Standard credits for CDM are issued and tracked in the UNFCCC/CDM Registry, with a Gold Standard label. GS-certified carbon credits intended for the voluntary offset market are issued directly by the Gold Standard Foundation and tracked in the Gold Standard Registry.
TUV NORD is actively involved in carrying out the certification to Gold Standard requirement.
