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International Renewable Energy Certificates (I-REC)
Understanding I-RECs
International Renewable Energy Certificates (I-RECs) are market-based instruments that certify the generation of one megawatt-hour (MWh) of electricity from renewable energy resources. They provide a transparent and credible way for companies and individuals to support renewable energy development and verify their renewable energy usage.
The growing demand for I-RECs underscores the world's shift towards sustainable energy. By participating in the I-REC market, businesses and individuals contribute to the global transition to renewable energy, supporting a greener future.
WGEO's Role
The World Green Economy Organization (WGEO) is an appointed issuer of I-RECs. Our key responsibilities include:
Certification and Verification
Ensuring the authenticity of renewable energy generation claims.
Issuance of I-RECs
Distributing certificates to verified renewable energy producers.
Market Facilitation
Supporting the development and operation of I-REC markets.
Why Choose I-RECs?
Rising Global Demand
The global demand for renewable energy and I-RECs is rising, driven by heightened awareness and commitment to sustainability.
Verified Credibility and Transparency
I-RECs offer a verified and reliable way to demonstrate renewable energy consumption, ensuring transparency in sustainability reporting.
Foster Sustainable Development
Supporting renewable energy projects through I-RECs helps drive global sustainable development, fostering a greener economy.
Benefits of I-RECs
Support Renewable Energy
Directly funds renewable energy projects.
Sustainability Reporting
Helps meet corporate sustainability goals and regulatory requirements.
Environmental Impact
Reduces greenhouse gas emissions by promoting clean energy.
Verified Credibility
Provides a reliable way to demonstrate renewable energy consumption.
Global Compliance
Meets RE100 and CDP requirements, supporting international sustainability standards.