Gold Standard to Require Paris-Aligned Carbon Credits by 2026
Gold Standard will only verify 'Paris-aligned' carbon credits for projects starting in 2026, following industry consultations. The Project Developer Forum has expressed concerns about the impact on investability and rising costs, requesting a delay until 2028. A Gold Standard spokesperson emphasized the importance of aligning with the Paris Agreement to combat greenwashing.
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Gold Standard announced it will verify only 'Paris-aligned' carbon credits from projects with vintages from 2026 onward, after industry consultation. The Project Developer Forum opposed this decision, citing concerns over investability and rising costs for developers.
They request transitional provisions and a delay in the new rules until 2028. A Gold Standard spokesperson emphasized the need for compliance with the Paris Agreement to prevent greenwashing. Separately, TASC issued credits under Verra's CCB label for a project restoring rangeland in South Africa, aiming to mitigate 14 million tonnes of CO2e over 30 years.
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