The Gold Standard

The Gold Standard and EcoAct share a common vision: valuing sustainable development impacts of low carbon initiatives in addition to their climate change mitigation contribution will open the door to new investment in the transition toward a resilient society. To transform this vision into a reality, Gold Standard has engaged in an overhaul of its standard. In particular, version 3.0 of the Gold Standard will build on the Sustainable Development Goals (SDG) adopted by the United Nations in 2015.

EcoAct is proud to announce that we are a Founding Partner of Gold Standard 3.0, joining international organizations such as the World Bank, the Global Alliance for Clean Cookstoves, and the Bix Fund, to ensure the quality and success of this ambitious initiative. Under this partnership, EcoAct is contributing to methodology development, pilot testing, and engagement in the French market. EcoAct is also contributing to increase connections between project developers, funds, and corporations willing to contribute to sustainable development while addressing climate change.

“2015 constituted a global landmark for climate action with the adoption of the Paris Agreement during COP21. Last year was also a milestone with the adoption by the United Nations of the Sustainable Development Goals for 2030. These two events illustrate increasing acknowledgment that the world needs to address climate and sustainable development issues jointly,” says Marion Verles, CEO of Gold Standard.

Gerald Maradan, CEO at EcoAct agrees, “We see Gold Standard 3.0 as a way to show the real value of carbon reduction projects in a standardized way to stimulate and engage current and new investment. As an award winning project developer, EcoAct also sees this as an efficient way to reinforce a common communication framework for impacts both from the investor and developer perspectives.”

If you are committed to take responsible action on climate change and sustainable development using result-based mechanisms or to simply learn more about this initiative, please contact William Theisen, Director – Business Development – EcoAct at william.theisen@eco-act.com.