Gold Standard

media release

Gold Standard Drives Digital Transformation with Three New Digital Monitoring, Reporting and Verification Pilots

  • Date Feb 18, 2025
  • Location Geneva, Switzerland
  • Released by Gold Standard

Gold Standard is piloting digital Monitoring, Reporting, and Verification (dMRV) solutions as part of its mission to digitise climate and sustainable development impact certification. These pilots aim to accelerate climate action by making impact verification faster, more transparent, and more accessible for project developers. Three pilots have now been approved.

Gold Standard has announced the approval of three new digital Monitoring, Reporting and Verification (dMRV) pilot projects, from submissions made in Q4 2024 to Q1 2025 following the launch of its pilot programme. These pilots, spanning electric cooking solutions, biomass cooking systems and sustainable rice cultivation practices, underscore Gold Standard’s commitment to advancing climate and sustainable development impact certification. By integrating technologies like Internet of Things (IoT) sensors, satellite imagery, and secure data platforms, they aim to deliver faster, verified outcomes that benefit both project developers and the communities they serve, while enhancing transparency, efficiency, and access to climate finance.

Margaret Kim, CEO of Gold Standard said:

“The approval of these dMRV pilots signals a new era for project developers, enabling faster, reliable impact verification that benefits communities and ecosystems alike. Digitalisation isn’t an end in itself, it’s about empowering developers to achieve greater impact and transform more lives. We encourage other innovators to join us in driving meaningful change by putting forward their own dMRV solutions.”

This announcement is another building block in Gold Standard’s digitalisation strategy, which introduced the SDG Impact Tool to lay the foundation for end-to-end digitalisation of its certification processes. These pilots provide insights into how digital solutions can address operational challenges and shape future guidelines for the Gold Standard for the Global Goals (GS4GG) framework.

 

Approved Pilots:

  • Electric Cooking Programme
    Developed by ATEC, this pilot leverages IoT technology and blockchain integration to enable real-time, secure data collection and monitoring of electric cooking devices. The solution ensures 100% digital traceability and data auditability, offering enhanced efficiency for project developers, providing faster access to finance and measurable benefits for end-user
  • Fair Climate Programme for Advanced Biomass Cooking Solutions
    Developed by FairClimateFund, this project integrates automated data collection from stove usage and sales information into a comprehensive platform. It simplifies monitoring, features user-friendly dashboards and robust data security protocols to enhance developer access to carbon markets.
  • Pro-climate Paddy Cultivation
    Developed by Partners in Prosperity & CarbonFarm Technology SAS, the pilot uses satellite technology, IoT sensors, and mobile apps and monitors methane emissions reduction and water use in rice cultivation. The system combines geospatial data with real-time field observations to verify sustainable agricultural practices.

 

These pilots showcase the possibilities of dMRV systems to transform impact certification across carbon markets.

Ben Jeffreys, CEO of ATEC said:

“dMRV projects will set a new benchmark in carbon credit integrity through providing a level of data veracity and auditability that is needed to truly scale decarbonisation globally.”

Naresh Chaudhary, CEO of Partners in Prosperity said:

"Partners in Prosperity (PnP) is glad to announce its collaboration with CarbonFarm to pilot the first digital MRV project under Gold Standard’s rice methodology. As a project developer, integrating satellite-based MRV is a game-changer for scaling Partners in Prosperity’sour impact. CarbonFarm’s dMRV simplifies our data collection efforts, and increases the transparency of our project and. It allows us to focus on what truly matters - helping farming communities adopt more sustainable water management practices.”

Vassily Carantino, CEO of CarbonFarm said:

"We are proud to support Partners in Prosperity in piloting this innovation. For carbon markets to work, we need full transparency and trust. CarbonFarm’s dMRV allows to verify adoption of practices at paddy-level, ensuring the highest level of confidence in the credits issued. I believe this level of automation and verifiability, with faster issuance, is key to scaling carbon markets and making climate finance truly accessible to farmers worldwide.”

Neera van der Geest, Director Fair Climate Fund said:

“Our mission is to make the VCM more transparent and fairer when it comes to monetary benefit sharing. We are working on a digital platform that shows how much of the carbon price is shared with the women and households, who in fact produce the carbon reductions while cooking.

 We are very grateful of the approval of Gold Standard to join the pilot DMRV. Both Gold Standard and FCF will benefit from this DMRV pilot because it supports our joint mission to increase integrity and the level of financial transparency towards the buyers of the credits.”

Participating pilot projects gain tailored support to meet Gold Standard’s rigorous requirements and can access faster credit issuance through an “interim issuance track”.

 

This is a unique opportunity to lead the way in advancing digital solutions that accelerate climate action and deliver verified impact for people and nature. Gold Standard is calling for further submissions of dMRV solutions in this pilot programme, for any Gold Standard approved methodology. Project Developers can put forward submissions at any time, however to help planning a priority list has been provided.

To get involved with the pilot and find out more about the programme access it via the button below.

Pilot Programme