RSC press release: RSC launches £1 million Gold for Gold as Open Access transition begins
“The Royal Society of Chemistry has announced a groundbreaking £1 million initiative to support British researchers as they begin the transition to Gold Open Access (OA). 'Gold for Gold' is an innovative experiment to support the funder led evolution to Gold OA, by recognising institutes that subscribe to RSC Gold, a premium collection of 37 international journals, databases and magazines offering online access to all published material. UK institutes who are RSC Gold customers will shortly receive credit equal to the subscription paid, to enabling their researchers, who are being asked to publish Open Access but often do not yet have funding to pay for it directly, to make their paper available via Open Science, the RSC's Gold OA option. Dr James Milne, RSC Managing Director, Publishing, said: ‘The RSC is delighted to announce this innovative experiment to help researchers make their articles Open Access during a period when funding to support this model is still relatively unclear.’ The number of UK institutes subscribing to RSC Gold is now approaching 50, having doubled in the last two months. Dr Milne commented: ‘We anticipate this initiative will equate to the RSC donating more than £1 million pounds worth of Gold Open Access article processing fees to the UK research community by the end of the year’. Earlier this week the Government confirmed its support for migrating towards Gold Open Access by making publicly funded scientific research available for anyone to read for free, accepting recommendations in a report on OA by Dame Janet Finch. The Research Councils UK (RCUK) also published their revised policy on Open Access, requiring researchers to publish in OA compliant journals. 'Gold for Gold' seeks to support researchers until the block grants from RCUK are distributed next April, which, once established are intended to fund Gold OA. Since 2007 all RSC journals have carried the option to make articles Open Access through Open Science - the Gold OA model. Lesley Gray, Journals Co-ordinator Scheme Manager from the University of Cambridge, said: ‘This initiative by the RSC is welcomed, and will serve to promote Open Access publishing to researchers.’ Lorraine Estelle, Chief Executive of JISC congratulated the RSC on launching 'Gold for Gold' which ‘demonstrates the Society's engagement with the chemical science community and recent Open Access developments’”.