The Gold Standard receives new publicity after a study by Net Balance proves its true value. The Gold Standard has always claimed that the social and environmental “co-benefits” of its certified carbon mitigation projects are key in obtaining above-average offset pricing. Now it claims to have the numbers to back that up – which it hopes will strengthen the value proposition for voluntary offset buyers while influencing policy discussions at the global scale. A new study The Real Value of Robust Climate Action: Impact Investment far Greater than Previously Understood, published by Net Balance and commissioned by the Gold Standard, examined 109 projects certified to the standard – and found that their co-benefits contributed an estimated $686 million in additional annual value tied to their environmental, economic and social initiatives. This is a conservative estimate, explains Director of Net Balance Neil Salisbury. “It is highly likely the additional 800 projects in the Gold Standard pipeline would present similar benefits, valuing The Gold Standard’s impact far higher. Additionally, many projects have been structured to last multiple years – potentially snowballing the effect of any co-benefits. For more information or to download the study, visit: ecosystemmarketplace/pages/dynamic/article.page.php?page_id=10353§ion=news_articles&eod=1
Posted on: Thu, 22 May 2014 00:11:39 +0000
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