Difference between revisions of "Gold Standard"

Line 43: Line 43:
 
- Results based Finance principle, shifts the emphasis to outputs rather than inputs or promises and gives the buyers of Gold Standard credits confidence that their money is making a real difference.
 
- Results based Finance principle, shifts the emphasis to outputs rather than inputs or promises and gives the buyers of Gold Standard credits confidence that their money is making a real difference.
 
|Participants other members number=8
 
|Participants other members number=8
|Participants other members names=CDP, ClimateCare, Ecoact, Global Alliance for Clean Cookstoves, Fairtrade, UNFCCC, World Bank Group, WWF
+
|Participants other members names=CDP (United Kingdom), ClimateCare (United Kingdom), Ecoact (United Kingdom), Global Alliance for Clean Cookstoves (USA), Fairtrade (USA), UNFCCC (Germany), World Bank Group (USA), WWF (USA).
 
|Participants supporting partners names=Launched in 2003 with funding and in-kind support from the conservation organisation WWF and the Basel Agency for Sustainable Energy, The Gold Standard was established as a Swiss, non-profit foundation in September 2006 with three employees. By the end of 2011 it will have 30 employees in 10 countries. Headquartered in Geneva, Switzerland, the organisation now has registered offices in the US, India and Singapore.
 
|Participants supporting partners names=Launched in 2003 with funding and in-kind support from the conservation organisation WWF and the Basel Agency for Sustainable Energy, The Gold Standard was established as a Swiss, non-profit foundation in September 2006 with three employees. By the end of 2011 it will have 30 employees in 10 countries. Headquartered in Geneva, Switzerland, the organisation now has registered offices in the US, India and Singapore.
  

Revision as of 12:25, 9 July 2019

General

Name of initiative Gold Standard Foundation
LPAA initiative No
NAZCA Initiative No
Website address http://www.goldstandard.org/
Related initiatives
Starting year 2003
End year
Secretariat The Gold Standard Foundation, Avenue Louis Casai 79 CH-1216, Geneva-Cointrin, Switzerland, Telephone: +41 (0) 22 788 7080, Email: info@goldstandard.org
Organisational structure Secretariat made of experts around the world; governance borard and TAC. Additional NGO supporters.
Geographical coverage Global
Name of lead organisation Gold Standard
Type of lead organisation NGO/Civil Society
Location/Nationality of lead organisation Switzerland

Description

Description Established in 2003 by WWF and other international NGOs as a best practice benchmark for energy projects developed under the UN’s Clean Development Mechanism (CDM), Gold Standard was set up to ensure that projects delivered genuine emission reductions and long-term sustainable development.

A Secretariat of 30 people based in 10 different countries, a Foundation Board, a Technical Advisory Committee (TAC), more than 85 NGO supporters, a roster of industry experts, UN accredited auditors and registry platforms such as Markit. They are a standard and certification body by designing the processes that maxmise the impact of efforts to deliver clean energy and water, responsibly manage land and forests. They then verify those outcomes. Now endorsed by 80+ NGOs and with more than 1,100+ projects in 70 countries undergoing certification. The Gold Standard has become the global benchmark for the highest integrity and greatest impact in climate and development initiatives.

Objectives Goals: Reduce GHG emissions; improve health and livelihoods of the world's poor; end deforestation; contribute to food and water security; conserve water and other natural resources; help communities develop sustainably.

Strategy: They are working towards creating Gold Standard 3.0 – a holistic standard that integrates Energy and Waste, Land Use & Forests, and Water to maximise the benefits of each respective scope. With a single, streamlined certification process that reduces costs and complexity, Gold Standard 3.0 will assess the impact of project activities toward the post-2015 Sustainable Development Goals.

Activities to receive a stamp of approval, all Gold Standard projects must be implemented following our best practice rules, consult with local stakeholders, continually reduce greenhouse gas emissions and Improve the environment and people’s lives.

- Results based Finance principle, shifts the emphasis to outputs rather than inputs or promises and gives the buyers of Gold Standard credits confidence that their money is making a real difference.

One or two success stories achieved

Monitoring and Impacts

Function of initiative Technical dialogue, Capacity building, Political dialogue
Activity of initiative Norms and standard setting, Training and education, Knowledge production and innovation
Indicators
Goals
Comments on indicators and goals
How will goals be achieved
Have you changed or strenghtened your goals
Progress towards the goals
How are you tracking progress of your initiative
Available reporting

Participants

Participants Number Names
Members 8  
Companies 0
Business organisations 0
Research and educational organisations 0
Non-governmental organisations 0
National states 0
Governmental actors 0
Regional / state / county actors 0
City / municipal actors 0
Intergovernmental organisations 0
Financial Institutions 0
Other members 8 CDP (United Kingdom),  ClimateCare (United Kingdom),  Ecoact (United Kingdom),  Global Alliance for Clean Cookstoves (USA),  Fairtrade (USA),  UNFCCC (Germany),  World Bank Group (USA),  WWF (USA).
Supporting partners 0 Launched in 2003 with funding and in-kind support from the conservation organisation WWF and the Basel Agency for Sustainable Energy,  The Gold Standard was established as a Swiss,  non-profit foundation in September 2006 with three employees. By the end of 2011 it will have 30 employees in 10 countries. Headquartered in Geneva,  Switzerland,  the organisation now has registered offices in the US,  India and Singapore.

Government and private grants represented 95% of revenue in 2007 and 89% in 2008. During this time the Foundation developed financial momentum through the exponential growth of a revenue stream from credit issuance (11% of revenue in 2008 to 73% in 2010). The Foundation aims to fund operating costs from this commercial income. New innovations are funded through grants with the goal of becoming financially sustainable when implemented. Donors appreciate this leverage effect in addition to the policy influence that results from the demonstration of new,  commercial viable market-based tools. Major donors include the German Federal Ministry of Environment and WWF. The organisations 2011 operating budget of USD 3m comprises a well-balanced mix of revenue from certification fees (57%) and funded development programmes (43%).

Number of members in the years
Have only national states as participators No


Theme

Transport Agriculture Forestry Business Financial institutions Buildings Industry Waste Cities and subnational governments Short Term Pollutants International maritime transport Energy Supply Fluorinated gases Energy efficiency Renewable energy Supply chain emission reductions Adaptation Other Resilience Innovation Energy Access and Efficiency Private Finance
No No Yes No No No No No No No No Yes No Yes Yes No No No No No No No
Last update: 11 October 2019 11:00:06

Not only have national states as participators