enough? Response 4.0 Gold Standard Principles: The Gold Standard has seven guiding principles to ensure robustness of programme design, transparency, stakeholder involvement, legal adherence and assurance of a net positive contribution towards sustainable development. These principles set the requirements for all Gold Standard projects; minimum safeguards that every project must meet by following the Do-No-Harm assessment, positive contribution towards sustainable development and the involvement of stakeholders in the decision-making process. The details on how the Gold Standard evaluates the robustness of programme are included under Principle -1 assessment), Principle -2 (sustainable development), Principle- 3 (stakeholder involvement) and Principle 5 (legal compliance). The Gold Standard also requires monitoring, reporting and verification of all programme for both contributions to sustainable development and climate change mitigation. This is required throughout the financing cycle for the programme or minimum of seven years whichever is greater. If the programme design entails any risks or negative impacts, the Gold Standard requires mitigation of these risks or negative impacts with continuous monitoring, reporting and third party verification. Further details on how MRV is ensured are included under Principle -2 (sustainable development) Principle -4 (greenhouse gas emission reductions and carbon sequestration), Principle -6 (transparency) and Principle -7 (Monitoring, Reporting and Verification). Each of these principles are listed below with further details on how these shall be interpreted in context of the Gold Standard Sustainable Cities Programme. Principle 1: The programme shall do no harm, complying with the UN Safeguarding Principles The programme shall assess the risk of potential harmful impacts against a series of safeguarding principles and international conventions. The purpose of Safeguarding Principles is two fold. Firstly, to identify, avoid, mitigate or repair the negative impacts of planned actions. Secondly, to enhance the robustness of a programme design by integrating social, environmental and governance concerns into the decision-making process at an early stage. The 11 Principles include the following safeguard criteria; Social Safeguards (Human Rights and Labour Standards): No human rights abuses No Involuntary settlement No damage on critical cultural heritage Freedom of association Safe working environment No forced labour No child labour No discrimination
enough? Response 4.0 Gold Standard Principles: The Gold Standard has seven guiding principles to ensure robustness of programme design, transparency, stakeholder involvement, legal adherence and assurance of a net positive contribution towards sustainable development. These principles set the requirements for all Gold Standard projects; minimum safeguards that every project must meet by following the Do-No-Harm assessment, positive contribution towards sustainable development and the involvement of stakeholders in the decision-making process. The details on how the Gold Standard evaluates the robustness of programme are included under Principle -1 assessment), Principle -2 (sustainable development), Principle- 3 (stakeholder involvement) and Principle 5 (legal compliance). The Gold Standard also requires monitoring, reporting and verification of all programme for both contributions to sustainable development and climate change mitigation. This is required throughout the financing cycle for the programme or minimum of seven years whichever is greater. If the programme design entails any risks or negative impacts, the Gold Standard requires mitigation of these risks or negative impacts with continuous monitoring, reporting and third party verification. Further details on how MRV is ensured are included under Principle -2 (sustainable development) Principle -4 (greenhouse gas emission reductions and carbon sequestration), Principle -6 (transparency) and Principle -7 (Monitoring, Reporting and Verification). Each of these principles are listed below with further details on how these shall be interpreted in context of the Gold Standard Sustainable Cities Programme. Principle 1: The programme shall do no harm, complying with the UN Safeguarding Principles The programme shall assess the risk of potential harmful impacts against a series of safeguarding principles and international conventions. The purpose of Safeguarding Principles is two fold. Firstly, to identify, avoid, mitigate or repair the negative impacts of planned actions. Secondly, to enhance the robustness of a programme design by integrating social, environmental and governance concerns into the decision-making process at an early stage. The 11 Principles include the following safeguard criteria; Social Safeguards (Human Rights and Labour Standards): No human rights abuses No Involuntary settlement No damage on critical cultural heritage Freedom of association Safe working environment No forced labour No child labour No discrimination
gs-scp-framework-for-public-consultation_0.docx