What Is the Gold Standard?

The "Gold Standard: Quality Standards for Clean Development Mechanism and Joint Implementation Projects" provides the first independent, best-in-class implementation standard for emission reduction projects under the CDM and Joint Implementation (JI). This standard can be used as a tool for project implementers to ensure the environmental benefits of the project and to give the host country and the public a firm conviction that these projects are equivalent to additional investment in sustainable energy services.

Gold standard

After extensively engaging with the environment, business and

-Screening of project types is based on a list of technologies, including renewable energy, demand-side energy efficiency, and alternative technologies.

-The benchmark and additionality standard aims to ensure that: a) the project cannot be launched without the involvement of the CDM; b) compared to the absence of the CDM,

The project has lower emission levels.

-Sustainability standards ensure that project assessments follow specific environmental, social, economic / technical indicators and have a positive effect on sustainable development.

The gold standard was publicly released at the 8th UNFCCC Meeting of States Parties in Delhi, India in October 2002.

It marked the beginning of the last round of consultations, which continued until the end of 2002. There are two main purposes:

a) Gathering opinions and recommendations on standards to ensure the highest level of gold standards. At the same time, it can also be used as a practical tool for project developers.

b) Through this process, gain broader support for the philosophy and content of this gold standard. The final draft of the gold standard has been published on the WWF website and distributed to all interested parties and institutions following the Delhi meeting, along with a standard documentation and guidelines question and answer.