The Gold Standard is a globally recognised and trusted regulatory framework for the deployment of public and private capital into climate, environment and development projects. Unlike traditional NGOs, The Gold Standard takes a market based ‘payment for outcomes’ approach, ensuring that projects achieve genuine outcomes that deliver with as much impact as possible. Every project certified by The Gold Standard must monitor, report and verify carbon savings and sustainable development benefits for local communities. This ‘carbon for development’ philosophy has been recognised by governments, business and civil society as the most effective approach and best practice model, and is endorsed globally by more than 80 NGO supporters.

To receive The Gold Standard stamp of approval, all projects must be implemented following their best practice rules, must involve consultation with local stakeholders, continually reduce greenhouse gas emissions and improve the environment and people’s lives. Once certified by The Gold Standard, projects are issued credits annually against independently audited climate and sustainable development outcomes. The purchase of these credits – by governments, business, impact investors and individuals – provides on-going funding to project activities.

The over 1,000 projects have also improved tens of millions of lives, helped to empower women and children, reduce illness from indoor air pollution and dirty water, combated climate change, and saved water and biodiversity. 

Check out the FIRST Australian Gold Standard project here.  There are also international projects in many countries across the globe. If you have a particular scheme or country in mind, please let us know and we can identify further options.

 

 

energy

LOCATION

 

GHANA

 

PROJECT TYPE

 

COOK STOVES

 

 

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efficiency

Description: The project will reduce greenhouse emissions by disseminating fuel-efficient charcoal stoves. The improved charcoal stove reduces fuel consumption by introduction of a ceramic liner that increases combustion efficiency and retains heat. Currently, inefficient and polluting cooking regimes are deeply entrenched in Ghanaian culture. Stoves are produced and supplied by a local Ghanaian company and distributed by a large network of local retailers.

 

 Co-benefits: The project has created over 200 jobs, reduced fuel expenditure for families and decreased the risk of respiratory and cardiovascular disease due to reduced air pollution. Over 270,000 stoves have been sold, to date, in Ghana resulting in large reductions in air pollution and helping avoid deforestation due to less fuel consumption.

energy

LOCATION

 

VIETNAM

 

PROJECT TYPE

 

BIO DIGESTER 

 

 

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efficiency

Description: The Vietnam Biogas project for the animal husbandry sector aims to provide rural communities living across 58 provinces in Vietnam access to sustainable energy by limiting the use of fossil fuels and biomass resource depletion.

 

 

Co-benefits: It promotes and develops 1-2 biogas enterprises per province creating an industry with over 2,000 job opportunities and education and training programs to support the industry. The distribution of sustainable energy to more than 840,000 people is a crucial co-benefit as well as the reduced time spent on collecting fire wood that gives farmers additional time which can be spent on children and other valuable activities.

vietnam-biogas3

energy

LOCATION

 

CAMBODIA

 

PROJECT TYPE

 
WATER FILTER

 

 

 

efficiency

Description: This project consists of manufacturing and distributing the ‘Tunsai’ Ceramic Water Purifier (CWP), a low cost alternative to boiling water.

 

Co-benefits: This project helps reduce health hazards due to unclean drinking water and protect forest ecosystems and biodiversity. In addition it aids in mitigating global warming by limiting greenhouse gas emissions. A sustainable market based approach is used to distribute water purifiers.

 

 

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