Gold Standard and the Global Green Growth Institute (GGGI) have signed a Memorandum of Understanding (MoU) to advance collaboration on high-integrity carbon markets and strengthen global efforts to achieve the goals of the Paris Agreement.
Under the MoU, Gold Standard and GGGI will work together to enhance the integrity and effectiveness of global carbon markets by enabling credible carbon transactions through joint certification tools and methodologies, shaping international market architecture by promoting robust frameworks and digital infrastructure across sectors, and building national capacity through technical assistance and knowledge sharing to support countries in developing and implementing strong regulatory and market systems.
“GGGI and Gold Standard share the belief that integrity is the foundation of effective carbon markets. By aligning our strengths we can help countries and project developers design projects that attract investment and deliver real impact for the climate, people and nature.”
said Margaret Kim, Chief Executive Officer at Gold Standard
“This partnership is a step towards translating climate ambition into actionable and investable projects. By combining GGGI’s on-the-ground policy experience with Gold Standard’s certification framework, we can empower our Member countries to access high-integrity carbon markets and ensure that climate finance delivers tangible, sustainable growth.”
said Sang-Hyup Kim, Director-General at Global Green Growth Institute
Through this collaboration, GGGI and Gold Standard aim to strengthen the integrity and interoperability of global carbon markets by combining Gold Standard’s robust methodologies, registry infrastructure, and digital MRV innovations with GGGI’s policy and implementation expertise. Together, they will support the development of credible and transparent, Paris Agreement aligned carbon market systems that ensure climate finance delivers measurable benefits for people and nature.
This agreement builds on years of collaboration between the two organisations. This resulted in the development of an innovative framework that certifies the Greenhouse Gas (GHG) and UN Sustainable Development Goals (SDG) impact achieved by the introduction of government policies. In 2024, Gold Standard published new Policy Requirements and Procedures paving the way for countries to apply these tools and inform their approach under Article 6 of the Paris Agreement.