Notification of delay for preliminary review during Covid-19 Period

08.07.2022 Rule Updates

In The Same Category

Applicability Scope Expansion to the Methodology for Biomass Fermentation with Carbon Capture and Storage

This Rule Update expands the scope of the Methodology for Biomass Fermentation with Carbon Capture and Geologic Storage V1.0 beyond fermentation so that it may cover emissions from additional industrial processes (e.g., anaerobic digestion, combustion, gasification and pyrolysis), thus making it applicable to additional project activities such as Bioenergy Carbon Capture and Storage (BECCS). The Gold Standard welcomes all feedback. In particular, we welcome feedback on any additional industrial processes that should be included, and any further provisions that should be highlighted at high-level in this document.

Application of digital version of SDG Impact Tool

This Rule Update introduces the mandatory use of digital SDG Impact Tool for the quantification and reporting of SDG impacts and assessment against Safeguarding Principles and Requirements by Project Developers (PD) and Coordinating and Managing Entities (CME); validation/verification by Validation and Verification Bodies (VVBs) and design and performance review by Gold Standard/Certification Body (CB).

Revisions to Renewable Energy Activity Requirements

The rule update outlines: • Revisions to Paragraph 2.1.7 in the Renewable Energy Activity Requirements (V1.4), which pertain to the pre-approved exception for eligibility of grid-connected renewable energy projects with distributed installations. • Eligibility criteria for grid-connected projects that feature a Battery Energy Storage System (BESS).

Methodology status update

Following the publication of the Procedure for Development, Revision, and Certification of Methodologies and Methodological Tools v.2.0, the Gold Standard has conducted a review of status of approved methodologies.