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Latin American Carbon Forum, Costa Rica 2011. San Jose, September 29 th , 2011. Overview of The Gold Standard. Kyoto Protocol, Article 12.2 - PowerPoint PPT Presentation
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Latin American Carbon Forum, Costa Rica 2011
San Jose, September 29th, 2011
Overview of The Gold StandardKyoto Protocol, Article 12.2
“The purpose of the CDM shall be to assist Parties not included in Annex I in achieving sustainable development and in contributing to the ultimate objective of the
Convention, and to assist Parties included in Annex I in achieving compliance with their quantified emission limitation and reduction commitments...”
- The Gold Standard was conceived in 2001 and established in 2003 by a group of NGOs led by WWF, HELIO International and SouthSouthNorth (SSN) to demonstrate that a market mechanism for carbon finance, managed correctly, can deliver multiple positive outcomes at no net additional cost.
Elements of a Gold Standard Project
High Quality
Real
Permanent
Verifiable
Enforceable
IndependentCommunityInvolvement
Minimizing financial risks through increased standardization and overcoming credibility challenges
Guiding Principles:• Bottom-up participatory approach to local SD• Conservativeness• Transparency• Pragmatism
GS MRV
PoAs
NAMAs
National/Regional Trading schemes
New approaches
Thank you!!!Ivan Hernandez
Regional Manager the [email protected]
Monterrey, Mexico Phone. +52 81 1367 6306
Mobile. +52 1818 024 4912
