Consultation
UPDATED 09 Sep 2024
Consultation

Tool 04: Reversal Risk Calculations for Geological Storage 

  • CONSULTATION PERIOD 05 Sep 2024 - 05 Oct 2024
  • SUBMISSION DEADLINE 05 Oct 2024
  • SCOPE ACTIVITY Climate Action
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Introduction

The Gold Standard is consulting on a new methodological tool for the calculation of a reversal risks associated with geologic storage. The Tool shall be used for project developers to calculate a risk score which corresponds to the project's required buffer contribution (%).

Feedback process

The Gold Standard welcomes all feedback. In particular, we welcome feedback on:

1. Should an upper limit for the risk score be established? I.e., projects with a risk score greater than X shall not be eligible?

2. If yes to question 1, what should this value be?

Is the minimum score of 2.5 appropriate?

Please use the form accessible here below.

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