Which requirements does the project follow if the project is seeking the issue of both Renewable Energy Labels and Gold Standard Verified Emission Reductions (VERs)?
Which requirements does the project follow if the project is seeking the issue of both Renewable Energy Labels and Gold Standard Verified Emission Reductions (VERs)?
Renewable eligibility requirements outlined in the Renewable Energy Activity Requirements document must be met, including the new eligibility clause (paragraph 2.1.3).
The requirements in the listed documents shall also be met:
Projects that follow a Gold Standard approved Emissions Reduction methodology and verified emission reduction (VER) Product Requirements, in addition to the Renewable Energy Activity Requirements and Renewable Energy Labelling Product Requirements, ...
The GHG Emission Reduction and Sequestration Product Requirements provides the following two options: Option 1 – Convert Certified Emission Reductions (CERs) to Gold Standard VERs OR Option 2 – Transition CDM Project to Gold Standard For Global ...
The process for conversion is as follows: Clean Development Mechanism (CDM) projects shall be registered as Gold Standard CDM projects by fulfilling the Gold Standard for the Global Goals requirements. A Gold Standard CDM project shall have CERs ...
The project activity must be one of the following eligible project types for issuance of Gold Standard VERs: (a) Renewable Energy Supply: Project activities that generate and deliver energy services (e.g. mechanical work/electricity/heat) from ...
Projects can issue planned emission reductions (PERs - previously known as “validated certificates”) and verified emission reductions (VERs). PERs are “expected” emission reductions (ex-ante units) based on ex-ante estimations, whereas VERs are ...