Carbon Certificates
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1. I-REC (International Renewable Energy Certificate)
- Purpose It is a certification system to document the use of renewable energy.
- Workflow The I-REC system allows renewable energy producers to obtain a certificate for each megawatt-hour (MWh) of energy they produce. These certificates can be purchased by companies or individuals to prove their use of renewable energy.
- Scope It is valid in many countries around the world and aims to accelerate the transition to renewable energy, in particular.
2. GCC (Gulf Cooperation Council)
- Purpose It is a regional organization established to strengthen economic and political cooperation among the Gulf countries.
- Members Saudi Arabia, the United Arab Emirates, Qatar, Kuwait, Bahrain, and Oman.
- Relevant Areas It focuses on issues such as renewable energy and carbon markets, supporting the development of energy policies among member countries.
3. 3. VCS (Verified Carbon Standard)
- Purpose It is a standard used to verify carbon reduction projects and track the carbon credits generated from these projects.
- Workflow The carbon reduction impacts of projects are independently verified and certified. These carbon credits can be sold in the voluntary carbon market.
- Scope It includes projects in various areas such as forest conservation, renewable energy, and energy efficiency in many regions of the world.
4. Gold Standard
- Purpose It is a standard created to certify projects that ensure the highest environmental and social integrity.
- Workflow In addition to carbon reduction, it focuses on projects that contribute to sustainable development goals. Projects are independently assessed in terms of their environmental, social, and economic impacts.
- Scope It covers various projects such as energy efficiency, renewable energy, and waste management, and often requires high standards in areas like climate change and community development.
These certificates and standards are tools that support achieving global goals in environmental sustainability and carbon reduction.