Gold Standard sells Verified Emission Reductions (carbon credits) on behalf of the project developers running these projects. To ensure that projects remain viable a minimum price is applied for each different project type. This minimum price is calculated based on the Fairtrade carbon credit pricing model and adjusted - using data from the Vivid Economics study ‘Valuating the benefits from improved cooking solutions’ and ‘The real value of robust climate action’ report published by Netbalance - by 2 cents for every $ of shared value created to take into account the added benefits delivered beyond simply reducing carbon. Project developers can choose at what price to sell their credits above this minimum price. The prices are located in the project profiles.