Gold Standard forms working group for Ongoing Emissions Responsibility

Gold Standard has invited companies to join a new Ongoing Emissions Responsibility (OER) Working Group, aiming to develop practical approaches for addressing emissions that remain during the transition to net zero. The Science Based Targets initiative (SBTi) has recognised OER within its Corporate Net-Zero Standard 2.0, including a voluntary recognition programme for participating companies. The working group will explore how OER fits into transition plans, how to build credible climate action portfolios, and which instruments qualify. Gold Standard's analysis suggests that applying SBTi's 'Advanced' contribution levels could mobilise approximately US$17 billion annually for climate action in the EU and US. The initiative seeks to establish a clear pathway for companies to implement and demonstrate OER credibly.

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