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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
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Latin American Carbon Forum, Costa Rica 2011 San Jose, September 29th, 2011
Overview of The Gold Standard Kyoto Protocol, Article 12.2 “The purpose of the CDM shall be to assist Parties not included in Annex I in achieving sustainable developmentand 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.
Minimizing financial risks through increased standardization and overcoming credibility challenges GS MRV Elements of a Gold Standard Project Community Involvement Independent Permanent • Guiding Principles: • Bottom-up participatory approach to local SD • Conservativeness • Transparency • Pragmatism Enforceable Real Verifiable High Quality
PoAs NAMAs New approaches National/Regional Trading schemes
Thank you!!! Ivan Hernandez Regional Manager the Americas ivan@cdmgoldstandard.org Monterrey, Mexico Phone. +52 81 1367 6306 Mobile. +52 1818 024 4912