The Gold Standard is designed to help the CDM achieve its twin objectives of reducing compliance costs through project-based emission trading while at the same time fostering sustainable development in developing countries without generating additional emissions.
In the voluntary market, the Gold Standard guarantees that offsetting emissions is not a zero-sum PR stint, but real engagement with real impact.
The objectives of the Gold Standard Foundation are to:
- help boost investment in additional sustainable energy projects
- ensure significant and lasting contributions to sustainable development
- provide assurance that investments have environmental integrity
- increase public support for renewable energy and energy efficiency
The Gold Standard's methodology was designed so that these issues can be dealt with in a widely-accepted manner and in the best interest of the climate and the local population affected by the project.
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