Gold Standard currently requires projects to demonstrate Ongoing Financial Need (OFN) at Design Certification Renewal, as outlined in our Principles & Requirements. In February 2021, Gold Standard consulted on plans to make this part of the formal decision-making process to decide whether a project may renew its crediting period. 

 

The purpose of this would be to ensure that the finance derived from Gold Standard Certification is and remains material to the ongoing sustainability of the project. This is distinct from the demonstration of additionality when a project first registers with Gold Standard, and the specific criteria to formally assess OFN will be developed and published in due course.