CQC and Gold Standard Partner in New ADALY Methodology

CQC and the Gold Standard announced today their partnership in designing, funding and managing the development of the new Gold Standard methodology for verification of Averted Disability Adjusted Life Years (ADALYs) from cleaner cooking and cleaner air. ADALYs are effectively additional years of healthy living, in this case for family members having much reduced exposure to toxic pollutants in biomass smoke thrum cleaner burning cookstoves and improved ventilation. The methodology also covers reduced household pollution from cleaner biomass fueled households heating. The partners expect the ADALY Methodology to be published in Q4, 2016, and to be the cornerstone of a new set of pay-for-performance investments in women's and children's health through clean cooking, where investments are made against forward purchase contracts with sovereigns and private foundations and corporations for payment on delivery of ADALYs issued annually from specific projects.