Update on Chinese Regulatory Policy August 2023
*Since the date of this news item’s publication, the organization ‘The International REC Standard Foundation’ has changed to ‘The International Tracking Standard Foundation: Founder of I-REC (I-TRACK Foundation).’ 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 […]
New Zealand approved for I-REC(E) issuance with Transpower/EMS as local Issuer
*Since the date of this news item’s publication, the organization ‘The International REC Standard Foundation’ has changed to ‘The International Tracking Standard Foundation: Founder of I-REC (I-TRACK Foundation).’ The I-REC Standard Foundation Board has recently approved New Zealand for I-REC(E) issuance and Transpower New Zealand to be the local I-REC(E) Issuer. Transpower Transpower will […]
Consultation on Updates to International Attribute Tracking Standard
*Since the date of this news item’s publication, the organization ‘The International REC Standard Foundation’ has changed to ‘The International Tracking Standard Foundation: Founder of I-REC (I-TRACK Foundation).’ The I-REC Standard Foundation’s International Attribute Tracking Standard (Standard) was published in April 2021. Following the release of the Standard, the I-REC Standard Foundation held an […]
Zimbabwe approved for I-REC(E) issuance
*Since the date of this news item’s publication, the organization ‘The International REC Standard Foundation’ has changed to ‘The International Tracking Standard Foundation: Founder of I-REC (I-TRACK Foundation).’ The International REC Standard Foundation Board has approved Zimbabwe for I-REC (E) issuance with GCC (the Green Certificate Company) as the Issuer. Zimbabwe’s approval came after […]
Nicaragua approved for I-REC(E) issuance
*Since the date of this news item’s publication, the organization ‘The International REC Standard Foundation’ has changed to ‘The International Tracking Standard Foundation: Founder of I-REC (I-TRACK Foundation).’ The International REC Standard Foundation Board has approved Nicaragua for I-REC(E) issuance with GCC (the Green Certificate company) as the Issuer. Nicaragua’s approval came after a […]
How the EU’s Carbon Border Adjustment Mechanism (CBAM) supports actual emissions reporting through PPAs and Energy Attribute Certificates (EACs)
*Since the date of this news item’s publication, the organization ‘The International REC Standard Foundation’ has changed to ‘The International Tracking Standard Foundation: Founder of I-REC (I-TRACK Foundation).’ The International REC Standard Foundation welcomes the adoption of the European Commission’s Carbon Border Adjustment Mechanism (Regulation (EU) 2023/956) in May 2023. Pulling together this world-first […]
ISSB’s Scope 2 Reporting Requirements can learn from the European Sustainability Reporting Standards (ESRS)
*Since the date of this news item’s publication, the organization ‘The International REC Standard Foundation’ has changed to ‘The International Tracking Standard Foundation: Founder of I-REC (I-TRACK Foundation).’ The European Commission has now adopted the European Sustainability Reporting Standards (ESRS) as part of its updated Corporate Sustainability Reporting Directive (CSRD) ((EU) 2022/2464). With this […]
Mongolia approved for I-REC(E) issuance
*Since the date of this news item’s publication, the organization ‘The International REC Standard Foundation’ has changed to ‘The International Tracking Standard Foundation: Founder of I-REC (I-TRACK Foundation).’ 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 […]
ISSB and Scope 2 Misconceptions Create New Risks for Greenhouse Gas Accounting
*Since the date of this news item’s publication, the organization ‘The International REC Standard Foundation’ has changed to ‘The International Tracking Standard Foundation: Founder of I-REC (I-TRACK Foundation).’ 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 […]
I-REC Standard Foundation finalizes MoU with RCREEE
*Since the date of this news item’s publication, the organization ‘The International REC Standard Foundation’ has changed to ‘The International Tracking Standard Foundation: Founder of I-REC (I-TRACK Foundation).’ A Memorandum of Understanding (MoU) has been finalized between the I-REC Standard Foundation and Regional Center for Renewable Energy and Energy Efficiency (RCREEE). This MoU is […]