Climate Neutral Group is very excited about the publication of the Gold Standard for the Global Goals, which will allow private and public entities to certify a wide range of sustainability benefits and thereby contribute to the Sustainable Development Goals.
Geneva, Switzerland, 10 July 2017. Gold Standard launches Gold Standard for the Global Goals, a new standard to quantify, certify and maximise the contributions of climate and development interventions toward the Paris Climate Agreement and the United Nation’s Sustainable Development Goals (SDGs).
The standard is set to help those who fund life-changing climate and development projects around the world – including businesses, governments and investors – to measure, report and track the full range of benefits they have contributed to. Supported by WWF and other international NGOs, it is also anticipated that the best practice standard will protect against accusations of ‘green-washing’ as well as open up new avenues of funding for large-scale programmes, like green infrastructure and sustainable supply chain interventions around the world.
Marion Verles, Chief Executive Officer of Gold Standard, said: “If we are to keep global warming well below 2 Degrees Celsius and meet the Sustainable Development Goals, climate action must be holistic and high-impact, helping the world develop on a sustainable pathway. SDGs are becoming a huge priority for a range of public and private sector organisations, but accurately measuring and reporting progress has presented a major challenge. Our new standard quantifies and certifies the many additional benefits Gold Standard projects deliver beyond carbon mitigation – for example by providing access to clean energy and water, creating jobs, improving health or protecting natural habitats – providing those who run or fund projects with new opportunities to measure and report their impact.”
Ambassador Franz Xaver Perrez, Head of the International Affairs Division for Switzerland’s Federal Office for the Environment, said: “When Switzerland looks at its options for meeting parts of its Paris target, we want to ensure that international carbon markets increase global mitigation ambition and encourage activities that go as far as possible toward the greater good. Climate mitigation projects that include strong sustainable development provisions, like those to be certified under Gold Standard for the Global Goals, make achieving the 2030 Agenda closer within reach.”
As well as incentivising more ambitious climate action from public and private sector bodies, the new standard is expected to unlock billions of dollars of funding needed to scale-up clean technology and sustainable development in cities around the globe. Cities emit around 75% of global CO2 emissions, yet less than 15% of global climate finance has reached cities as, according to the World Bank, only 4% of the largest 500 cities in the developing world are credit worthy in international markets. The Standard’s Urban Development module will help developers design and implement best practice projects, and quantify and communicate climate and development impacts such as cleaner air and improved health, to attract investment and gain public support.
Working with Climate Neutral Group = progressively working towards achieving the SDGs.
By REDUCING your carbon emissions you are working towards SDG 9, 11 and 13. By OFFSETTING your emissions, you are going the extra mile. This can be done by implementing, rolling out and investing in clean energy projects from which local communities benefit too. You will be supporting SDG 1, 2, 3, 5 and 6
We offer a range of Gold Standard offset projects:
Work with us to reduce and offset your carbon emissions, save money, help achieve the SDGs, fight climate change, and improve the lives of others.
For more information read the full press release here.