What does Gold Standard mean?

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The rapid growth of the carbon offset industry has given rise to concerns that companies may use offsets as an easy way to ‘greenwash’ their reputation or as a licence to pollute.

 

The Gold Standard label is one of the most rigorous certification standards available for carbon offset projects – ensuring their efficacy both ecologically and socially ensuring that projects deliver genuine emission reductions and long-term sustainable development through linking to the UN’s Sustainable Development Goals.

 

 

Carbon Neutral Charitable Fund is the only not-for-profit selling Australian Gold Standard carbon offsets, thanks to the Yarra Yarra Biodiversity Corridor project, and our project partner and Gold Standard offsets supplier Auscarbon. Every time you buy an offset from us, you can be sure it is making a genuine difference not just to the environment, but also to a sustainable future.

 

To obtain Gold Standard certification, a project must meet the following criteria and be verified by UN accredited independent auditors:

 

• The project contributes to a real reduction of CO2 emissions
To date CNCF has planted more than 1000 hectares in the Yarra Yarra Biodiversity Corridor. Our 1,000 ha will remove an estimated 175,000 tonnes of carbon dioxide equivalents over 30-35 years in a region where over 90% of the woodland has been cleared. This is equivalent to taking 46 000 cars off the road for a whole year!

 

• The local population is involved and participates in the project
The project, which currently covers 11,800 ha, has created new industry in rural areas, engaging up to 80 small businesses for goods and services, and involving local Indigenous peoples through employment and liaison with traditional owners.

Archaeological surveys of the project sites identified five Aboriginal heritage sites which have been registered with the Department of Indigenous Affairs.

 

• The project respects the environment and contributes to the conservation of biodiversity and the sustainable use of natural resources
The Yarra Yarra Bodiversity Corridor aims to reconnect remnant woodland and 12 existing nature reserves with biodiverse plantings of over 40 different native tree and shrub species indigenous to the region. This provides habitat for a huge variety of bird and animal species in a known biodiversity hotspot, as well as reducing soil erosion and combating the increasing salinity of nearby lakes and groundwater reserves.

We are already seeing the return of threatened species such as Malleefowl, Carnaby’s Cockatoo, and the Woylie (Brush-tailed Bettong), as well as over 30 species of conservation-significant native plants.

 

Be sure that the projects you are funding are really helping to fight climate change – choose Gold Standard certified carbon offsets.