•• Verifying market operators’ adherence to the I-REC Standard
Ensuring a level playing field
The International REC Standard Foundation aims to facilitate fair markets in which all market players are treated equally. Market operators who are responsible for facilitating such fair markets must comply with the rules and regulations set out in the I-REC Standard and associated code documents. The verification of this compliance is called accreditation and is executed by the Foundation or by a third-party appointed by the Foundation.
All market operators, be they code managers, issuers or platform operators, must go through an initial accreditation process before they can provide a specific service related to the facilitation of I-RECs. The periodical re-accreditation of market operators guarantees the continuation of fair markets for all stakeholders.