The table below shows the average co-benefit value in $ calculated per carbon credit, as per data from the research study Valuating the benefits of improved cooking solutions published by Vivid Economics and The real value of robust climate action published by Net Balance.
Table 1 - Average co-benefits in $ per carbon credit
Source - ‘Valuating the benefits of improved cooking solutions’ by Vivid Economics and ‘The real value of robust climate action’ by Net Balance.
The shared value figures have been calculated by applying the value delivered per carbon credit to the relevant Gold Standard Certified Projects i.e. issued carbon credits. The calculations include both Verified Emission Reductions (VERs) and Gold Standard labels for Certified Emission Reductions (CERs). And have been applied only to the project types listed in the table above. This covers approximately 75% of our issued project portfolio. Therefore, this is a conservative estimate of the shared value delivered by our projects, the real value is actually higher.
REFERENCES
VALUATING THE BENEFITS OF IMPROVED COOKING SOLUTIONS
Impact data in high resolution
Published by Vivid Economics (2019)
Focused on cookstove and biogas projects, this research study estimates the economic value of Gold Standard-certified project benefits related to climate, health, ecosystem protection, economic opportunity, poverty reduction and other development outcomes.
THE REAL VALUE OF ROBUST CLIMATE ACTION
Impact investment far greater than previously understood
Published by Net Balance (2014)
This research study provides the first-ever comprehensive valuation of the environmental and socio-economic net benefits of Gold Standard wind, cookstove, water filter, biogas and forestry projects.