Gold Standard

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
OOL 04 - Reversal risk Calculations for Geological Storage Cover

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 (%).

Consultation Document

  • TOOL 04-Reversal Risk Calculations for Geological Storage-Public Consultation

Results Document

  • Public Consultation Results - METH TOOL 4 V1

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.