What is the Gold Standard?

Planetair / myclimate’s project portfolio contains carbon offset certificates that carry the Gold Standard. Gold Standard carbon credits are the highest quality carbon credits currently available for voluntary offsets, and the projects they fund are the premium projects on the market. The method requires that renewable energy and energy efficiency technologies also lead to sustainable development for the local community (such as increased standards of living, knowledge transfer, job creation or pollution reduction). All Gold Standard projects are rigorously tested for environmental quality by registered third parties.

The Gold Standard Foundation only awards its label after third-party validation and verification of the project. Because of the rising awareness of the need for transparency and rigor in the carbon market, Gold Standard credits are in high demand. They are also very scarce. This, combined with the strict standards that govern verification, auditing and sustainable development aspects, explains their higher price.

Due to the Gold Standard’s stringent criteria, companies feel safe with the label since they know their carbon investment will have value even if the policy environment changes.

The Gold Standard is supported by the WWF International, Greenpeace, the David Suzuki Foundation, the Pembina Institute and 34 other NGOs. For more information, we invite you to visit the Gold Standard website.