Updated Market Statistics
The latest statistics for I-REC(E) markets have been updated to include data through 31 July 2025. Both issuance and redemptions have increased compared to the same period in 2024. You can view the full data set here. I-REC(E) Issuance As of the end of July 2025, approximately 227 million I-REC(E) have been issued globally, representing […]
The I-TRACK Foundation submits feedback to the European Commission on the CBAM Consultation
The I-TRACK Foundation has formally submitted its feedback to the European Commission’s open consultation on the Carbon Border Adjustment Mechanism (CBAM), encouraging the use of actual emissions as opposed to default emissions and supporting the recognition of contractually defined emission rights such as those defined in the PPA or underlying Energy Attribute Certificates (EACs), like […]
Quality Assurance Survey – Green Certificate Company
We invite all Registrants under the Green Certificate Company (GCC) to participate in a survey as part of an official Quality Assurance review currently being conducted by the International Tracking Standard Foundation (I-TRACK Foundation) in collaboration with GCC. Why quality assurance checks matter? Accredited Issuers must meet the requirements of the International Attribute Tracking Standard […]
Uruguay approved for I-REC(E) issuance
The International Tracking Standard Foundation (I-TRACK Foundation) has approved Uruguay for the issuance of I-REC(E), providing a robust and internationally recognized system for tracking renewable electricity in the country. This development follows a detailed assessment of Uruguay’s electricity market and regulatory landscape, which demonstrated the country’s capacity to support the issuance of I-REC(E) for devices with […]
Introducing our CBAM-Compliant I-REC(E) Corporate PPA Template
The I-TRACK Foundation, in collaboration with DLA Piper, is proud to announce the launch of our CBAM-compliant Corporate Power Purchase Agreement (CPPA) template, designed to help electricity producers and consumers comply with the EU’s carbon reporting requirements under the Carbon Border Adjustment Mechanism (CBAM), alongside a suite of essential documents, including country-specific annexes. Click the […]
Energy Peace Partners approved as Accredited I-REC(E) Issuer in Sierra Leone
The I-TRACK Foundation is pleased to announce Energy Peace Partners (EPP) as the Accredited I-REC(E) Issuer for Sierra Leone. The approval comes following the authorization to issue I-REC(E) by the Deputy Ministry of Energy of the Government of Sierra Leone in April 2025. Energy Peace Partners is a nonprofit organization founded on the idea that […]
Temporary Suspension of I-REC(E) issuance in Cambodia
The International Tracking Standard Foundation (I-TRACK Foundation) hereby announces a temporary suspension of I-REC(E) issuance for all facilities in Cambodia, effective immediately. This measure will remain in effect until further notice, pending feedback from national authorities. Context: This decision has been made to address double-count risks as the country reportedly moves to develop a REC […]
The I-TRACK Foundation to support development of cross-border REC framework for Southeast Asia
On 15 May 2025, the International Tracking Standard Foundation (I-TRACK Foundation) was awarded a tender by Singapore’s Ministry of Trade and Industry (MTI) to develop a cross-border renewable energy certificate (REC) framework. While the initiative was commissioned by Singapore, the resulting framework could be used to support the advancement of cross-border electricity projects and the […]
I-TRACK Foundation has submitted feedback to SBTi’s survey
The International Tracking Standard Foundation (I-TRACK Foundation) has submitted its response to the Science Based Targets initiative’s (SBTi) survey on Corporate Net-Zero Standard Version 2.0 Public Consultation, offering insights into how the initiative can evolve to better support operational clarity, acknowledging current data and tool limitations, and allowing flexibility where standardized solutions are still emerging—particularly […]
Public Consultation Announcement: First Review of the I-TRACK(G) Code
Start Date: Monday, 26 May 2025 Duration: Two Months (until 28 July 2025) The International Tracking Standard Foundation (I-TRACK Foundation) is pleased to announce the launch of a public consultation on the first review of the I-TRACK Product Code for Biogas and Biomethane (the I-TRACK(G) Code) developed by an international consortium (Consortium) consisting of Evident, […]