Seoul, Republic of Korea, October 27, 2025 – Global Green Growth Institute (GGGI) and Gold Standard have signed a Memorandum of Understanding (MoU) to advance collaboration on high-integrity carbon markets and strengthen global efforts to achieve the goals of the Paris Agreement.

Under the MoU, Gold Standard and GGGI will work together to enhance the integrity and effectiveness of global carbon markets by enabling credible carbon transactions through joint certification tools and methodologies, shaping international market architecture by promoting robust frameworks and digital infrastructure across sectors, and building national capacity through technical assistance and knowledge sharing to support countries in developing and implementing strong regulatory and market systems.

“GGGI and Gold Standard share the belief that integrity is the foundation of effective carbon markets. By aligning our strengths, we can help countries and project developers design projects that attract investment and deliver real impact for the climate, people and nature,” said Margaret Kim, Chief Executive Officer at Gold Standard.

“This partnership is a step towards translating climate ambition into actionable and investable projects. By combining GGGI’s on-the-ground policy experience with Gold Standard’s certification framework, we can empower our Member countries to access high-integrity carbon markets and ensure that climate finance delivers tangible, sustainable growth,” said Sang-Hyup Kim, Director-General at Global Green Growth Institute.

This agreement builds on years of collaboration between the two organisations. This resulted in the development of an innovative framework that certifies the Greenhouse Gas (GHG) and UN Sustainable Development Goals (SDG) impact achieved by the introduction of government policies. In 2024, Gold Standard published new Policy Requirements and Procedures paving the way for countries to apply these tools and inform their approach under Article 6 of the Paris Agreement.

About the Global Green Growth Institute (GGGI) 

The Global Green Growth Institute (GGGI) was founded as a treaty-based international, inter-governmental organization in 2012 at the United Nations Conference on Sustainable Development. GGGI supports its Member States in transitioning their economies toward a green growth model that simultaneously achieves poverty reduction, social inclusion, environmental sustainability, and economic growth. With 53 Member States and 30 Partner countries and regional integration organizations in the process of accession, GGGI delivers programs and projects in over 50 countries. These initiatives encompass developing innovative green growth solutions, technical support, capacity building, policy planning & implementation, and assistance in building a pipeline of bankable green investment projects, project financing, investments, and knowledge sharing. GGGI’s work contributes to its Member States’ efforts to fulfill the Sustainable Development Goals and the Nationally Determined Contributions to the Paris Agreement.   

About Gold Standard

Gold Standard (www.goldstandard.org, @goldstandard) is an independent NGO committed to ensuring climate action delivers real impact. Gold Standard exists to encourage leaders to take bold climate action that delivers for nature and people with a clear framework and practical tools that turn commitments into real, measurable impact. We do this by empowering organisations to take actions and channel finance to where it matters most, using our trusted tools and frameworks to deliver measurable benefits for people, nature and the planet.

www.goldstandard.org

Media Contact 

Hyun Kyung Oh

Communication and Knowledge Sharing Senior Officer – Media Relations, GGGI (HQ)

hyunkyung.oh@gggi.org 

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