STANDARDS SETTING WORKPLAN 2020 2021 - Gold ...
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STANDARDS SETTING WORKPLAN 2020 - 2021 13 May 2020
Gold Standard’s vision is ‘climate security and sustainable development for all.’ We believe that this is only possible if impact quantification and certification become mainstream. Following the ISEAL Alliance “Setting Social and Environmental Standards” Code of Best Practice, we are sharing our work plan to update Gold Standard for the Global Goals and launch supporting initiatives. The table below reflects the work planned for the year 2020-2021 as well as work completed in 2019. It’s split into four areas and includes any requirements, methodologies, frameworks, tools or supporting programmes to help accelerate progress toward climate security and sustainable development. The next Gold Standard work plan will be published in April 2021, although please note that significant updates may be made during the intervening period. Document or project Document series Objectives Timeline Remarks being developed (as per GS-SSP) I. Gold Standard for the Global Goals – Standard Documentation Updates Gold Standard for the All Proposal for new Q2 2020 - public Global Goals (GS4GG) – voluntary carbon market consultation on Post-2020 carbon market (VCM) requirements to broad policy. policies and requirements optimise and align where required with Paris Rules to be Agreement including but finalized by Q4 not limited to; 2020 based on • Rules and outcomes of requirements for third-party corresponding negotiations adjustments or (Paris) and domestic policy consultations. recognition 2
• Transition period Updates may before new rules will defer to later in come into force 2021, if required • Limitations and process for CDM projects to transition to Gold Standard • Update of GWP values for GHGs as per IPCC-AR5 • Assess updates to baseline, additionality, MRV in line with Article 6 Rule updates to meet All Develop the set of Q2-Q4 2020 Gold Standard has CORSIA1 requirements requirements for been approved as an projects seeking eligible standard to approval to participate participate in the under CORSIA pilot phase of CORSIA that will run from 2021-2023. Several updates to GS4GG requirements will be published throughout Q2-Q4 2020 to comply with additional requirements set by ICAO Council. 1 https://www.icao.int/environmental-protection/CORSIA/Pages/default.aspx 3
II. Gold Standard for the Global Goals – Standard Documentation Review & Simplification Standard All Review standard Standard streamlining documents in updates and collaboration with updated SustainCERT to templates will be streamline and bring released on an clarity to standard ongoing basis documents + templates throughout the where required year Standard setting Governance This is a planned review Q3 2020 procedure (SSP) of the SSP to identify procedures that need to be updated based on past experience Validation and Principles & This is a planned review Q2 2020 Verification Bodies Requirements of the VVB requirements requirements to identify procedures that need to be updated based on past experience Micro scale requirements Principle & Review of micro scale Q3-Q4 2020 Requirements requirements including micro-PoA requirements and make necessary changes where required III. Innovation Programmes Labelling principles All Development of labelling Q4 2020 Gold Standard will principles for identified develop high level domestic and other principles to label schemes credits generated 4
from other schemes. These principles will be used to develop customised labelling requirements for individual schemes Scope expansion Principles & Scoping study to expand Q2-3 2020 Requirements eligibility scope to publication include Blue Carbon and consultation Integrated Forest Management activities Q4 2020 (full details of specific approval scopes will be included in decision on a policy brief for scope consultation) expansions where required SDG Tool Programme Principles & Release SDG tools for Q3-4 2020 Testing will be Requirements piloting: carried out in i. Renewable energy, collaboration with ii. Community services SustainCERT on & these three SDG iii. LUF activities tools this year before releasing them for wider use IV. Gold Standard for the Global Goals – Methodologies TPDDEC methodology and SDG Impact Improvements to these Q4 2020 Further guidelines simplified cookstove Quantification methodologies will be will be developed for methodology made to further enhance VVBs to use during the integrity of credits audits of distributed that are generated using technology projects to enhance the rigour 5
approaches defined in of their assessments these methodologies by applying various cross-check mechanisms. Completed documents/projects (2019): Document or Document Objectives Timeline Remarks project developed Series (as per GS-SSP) Gold Standard for All Planned revision and Completed in the Global Goals update of GS4GG October 2019 (GS4GG) documents based on scheduled updates feedback received since last update launch in March 2018 Safeguarding Principles & Review of Completed in Principles & Requirements documents to October 2019 Requirements restructure for ease of understanding and application 6
Stakeholder Principles & Review of Completed in Procedure, Requirements documents to October 2019 Requirements & restructure for ease Guidelines of understanding and application Future proofing - Developing solutions This work will Voluntary Carbon for double counting culminate with Markets (VCM) under the Paris rule updates Agreement and for to be new opportunities to published in link to corporate Q4 2020 reporting. SDG impact SDG Impact Create guidance for Completed in This work will continue with piloting the assessment tools Quantification development of SDG Q4 2019 three SDG tools on projects in 2020 tools. First tool to be developed Soil organic SDG Impact Improve soil tillage Completed in https://globalgoals.goldstandard.org/soil- carbon Quantification methodology to February 2020 organic-carbon-framework-methodology/ (for VERs) make it framework methodology for soil carbon projects Shared Value - Framework to Approach was It will be piloted along with SDG tools in calculation calculate shared developed in 2020 approaches value of the SDG June 2019 outcomes – pilot along with SDG Tools 7
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