The Climate Bond Standard is designed to ensure that climate and green bonds are being used to deliver climate change solutions
Certification and private voluntary standards
Green Globe’s International Standard for Sustainable Tourism V1.7 is a certification scheme that requires tourism agencies and businesses to report on their sustainability performance throughout their supply chains. It is designed to bring a competitive advantage to certified companies and encourage consumer demand for green tourism.
The standards are a collection of over 330 compliance indicators that are applied to 41 individual sustainability criteria - these can be divided into four themes:
The AWS Standard is an international, market-based standard that is designed to guide, incentivise and differentiate responsible water users.
The Standard is designed to achieve four water stewardship outcomes: good water governance, sustainable water balance, good water quality status and healthy status of important water-related areas. In order to achieve these, water stewards - those that implement the Standard - must follow a six-step continual improvement framework. The steps are:
The Global Sustainable Tourism Criteria (GSTC) provides the minimum requirements that are designed to simplify and harmonise existing standards for sustainable tourism.
The criteria is based on decasdes of work and experience around the world and involved extensive consultation with stakeholders.
There are 37 criteria covering 4 topics - these are:
Leadership in Energy and Environmental Design (LEED) is a 3rd party certification system for ‘green buildings’ and can be applied to any building type.
It provides a framework for identifying and implementing green building design, construction and management by focusing on seven key areas:
The Rainforest Alliance Certified seal appears on products if the producers have complied with the standards set by the Sustainable Agriculture Network (SAN). These standards are predominantly environmental, however they also include social and economic aspects.
The SAN standards are guided by 10 principles, outlined below:
The International Standards Organisation has developed a series of standards that specify principles and requirements for organisations involved in greenhouse gas emission reporting. The ISO standards can be seen as guiding protocols providing general guidelines for the development of other programmes or standards.
The ISO standards relevant to GHG emissions are:
The Voluntary Emissions Reduction VER Standard is for carbon offset projects and has been developed by TÜV SÜD (a German based verification company).
A number of project types are elgigible for certification, however like the Kyoto mechanisms (Clean Development Mechanism and Joint Implementation) it excludes nuclear power projects and large hydropower projects over 80MW. Hydropower projects over 20MW must conform to requirements of the World Commission on Dams.
The Verified Carbon Standard (VCS) (Version 3, 2011) is a Greenhouse Gas Programme, describing itself as a ‘comprehensive quality assurance system used to account for greenhouse gas emission reductions and credits’. It applies to offset projects in the voluntary carbon trading sector and was established by the Verified Carbon Standard Association (VCSA).
Plan Vivo is a framework that helps communities use their natural resources in a sustainable way, focusing on small-scale forest management and afforestation projects that produce carbon credits as well as benefits to lovelihoods and ecosystems.
The scheme is implemented through projects which are all community-led and produce Plan Vivo Certificates - one certificate being equal to the reduction or avoidance of 1 tonne of CO2 and which are registered and traded on the Markit Environmental Registry.