Official Gold Standard Validated, Registered, Verified and Certified Project.
Proyecto Mirador Verified Emissions Reductions (VER's) were certified by the Gold Standard and its first vintage of credits were sold concurrently with registration in April, 2011.
The Gold Standard is the best-recognized global organization for certification of carbon reduction projects for the Voluntary Market.
It only registers projects that have proven reductions of greenhouse gas emissions in ways that contribute to sustainable environmental, economic, and humanitarian development of the country.
Gold Standard representatives along with SGS, a designated United Nations Designated Operational Entity visited the project in September, 2009. The purpose was to view the validation process by SGS, obtain field experience with stove projects, and to prepare a case study.
Why Gold Standard?
The Gold Standard Foundation is a Swiss based, non-profit organization providing certification of premium quality carbon credits. The thorough and extensive methodology and approval process of the Gold Standard is designed to certify the highest quality energy efficient, sustainable projects.
Certification is not awarded easily. It requires a project to submit substantial quantitative and qualitative research as well as to verify carbon savings and sustainability claims by an outside third party. In addition, each project commits to long term follow through and continued evaluation. Therefore, “Gold Standard certified” implies the most rigorous review of VER credits available on the market. Its VER registry is characterized by transparency and equality of access for all market participants.
The Gold Standard quality benchmark is derived from the actions of the Kyoto Protocol and its methodology is currently endorsed by over 60 non-governmental environmental and development organizations worldwide. The backing of this wide variety of supporters boosts the integrity of the Gold Standard and allows its credits to be sold at a premium price.
The Gold Standard certification means that a buyer of carbon savings is assured that the VERs of the La Justa Dos por Tres stove are the highest quality available.
Why Certify?
For projects with substantial sustainable and welfare benefits such as Proyecto Mirador, VERs are an effective financial tool. By entering into carbon finance, projects can obtain real market-based, financial support for their work.