We believe that credible quantification and reporting of the SDGs serves as a lever to catalyse more ambitious climate action as this allows those funding climate change mitigation activities to transparently and credibly communicate to stakeholders the benefits those actions bring to the global community.
Toward this end, Gold Standard is delighted to launch a new SDG Impact Tool to more efficiently monitor, quantify and verify a project's contributions to the Sustainable Development Goals (SDGs).
Built on principles formed in the SDG Tool Guidance, co-developed with myclimate, Climate Seed, the Swedish Energy Agency, and UN SDSN, this excel-based tool provides a standardised template to clearly and transparently monitor SDG impact alongside carbon reductions – making the process more efficient and minimising the cost of Monitoring, Reporting and Verification (MRV) and ensuring SDG impact claims remain as specific and credible as possible.
The SDG Impact Tool is activity-specific, and all indicators map to relevant SDG targets based on published literature to ensure outcomes are real and measurable. Built-in guidance and supporting resources make implementation clear and streamlined. Reference values help auditors assess monitoring reports as a safeguard against over-claiming.