Update on Chinese Regulatory Policy August 2023 On 25 July 2023, Beijing published a notice on the principles of energy attribute certificates (EAC) for renewable generators in China. The notice was jointly delivered by the National Development and Reform Commission,...
ISSB’s Scope 2 Reporting Requirements can learn from the European Sustainability Reporting Standards (ESRS) The European Commission has now adopted the European Sustainability Reporting Standards (ESRS) as part of its updated Corporate Sustainability Reporting...
How the EU’s Carbon Border Adjustment Mechanism (CBAM) supports actual emissions reporting through PPAs and Energy Attribute Certificates (EACs) The International REC Standard Foundation welcomes the adoption of the European Commission’s Carbon Border Adjustment...
ISSB and Scope 2 Misconceptions Create New Risks for Greenhouse Gas Accounting The International Financial Reporting Standard (IFRS) plays a critical role in supporting uniform financial market reporting in line with global leading practices. In 2021, the IFRS...
Mongolia approved for I-REC(E) issuance The I-REC Standard Foundation Board has approved Mongolia for I-REC(E) issuance. The OLOLT Climate Change and Carbon Market Development Center (OLOLT Center) has been Accredited as Mongolia’s I-REC(E) Issuer. The OLOLT...
First device registered in Burkina Faso The first I-REC(E) device has been registered in Burkina Faso. The 135-acre (55-hectare) Zagtouli Power Plant (solar power plant) resides in the outskirts of the capital of Burkina Faso, Ouagadougou. This is West Africa’s...
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