THE GOLD STANDARD – BACKGROUND AND OVERVIEW
Posted on August, 29 2003
This note is designed to give an overview of the Gold Standard, its background, development and use. Greater detail on the technical standards themselves can be found in the Gold Standard Project Design Document (GS-PDD) and its technical appendices.
What is the Gold Standard? The Gold Standard is the first independent best practice benchmark for CDM (Clean Development Mechanism) and JI (Joint Implementation) greenhouse gas offset projects. It provides project developers with a tool to ensure that the CDM and JI deliver credible projects with real environmental benefits and, in so doing, confidence to host countries and the public that projects represent new and additional investments in sustainable energy services.
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