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THE CYCLE – OFFSET

KICK THE HABIT

171

framework on methodologies or verification, a number of standards have

been created over the past year. Not only voluntary offsets but also CDMs,

which are already a quality label in themselves, have been subject to further

quality specification, for example under the widely recognized Gold Stan-

dard. Over a dozen voluntary offset standards have been developed in the

last few years. Yet no single standard has so far managed to establish itself

as

the

industry standard. Certain standards are limited to particular project

types (e.g.forestry), while others exclude some project types in order to fo-

cus on the social benefits of carbon projects.

Among the biggest are theGold Standard for CDMand JI, theGold Standard for

Voluntary Emission Reductions and the Voluntary Carbon Standard (VCS).

The Gold Standard

In 2003 the Gold Standard for CDMand JI (GS CDM) projects was developed

under the leadership of the WWF and was followed by the Gold Standard for

Voluntary Emission Reductions (GS VER) in 2006. The Gold Standard is

generally accepted as the standard with the most stringent quality criteria.

3 670

Flight Paris-New York and

return (average emission

per passenger)