ACHIEVE YOUR SUSTAINABILITY GOALS WITH RENEWABLE ENERGY SOURCES
What are Renewable Energy Certificates (RECs)?
Renewable Energy Certificates or RECs, are market-based instruments that represent the generation of RE from renewable sources such as solar, wind, hydropower, etc.
1 REC is created for every 1 MWh of energy generated and it gives the owner the right to claim the use of renewable energy.
How Do RECs Work?
RECs track and validate the generation of 1MWh of renewable energy, which offsets Scope 2 emissions. With RECs, your company can claim that it is powered by RE sources.
Who Should Buy RECs?
Renewable Energy Certificates may be a good fit for your company if you:
want to reduce your energy consumption and carbon emissions.
are facing difficulties installing renewable energy (RE) facilities such as rooftop solar panels.
have ambitious sustainability goals you are trying to achieve
5 Benefits of RECs
Reducing carbon footprint by offsetting Scope 2 emissions
Adopting RE sources without installing any physical facilities
Cost saving benefits and flexibility in meeting RE goals
Promoting company's commitment to clean Energy
Meeting sustainability and ESG target
What to Consider When Buying RECs?
As your trusted partner, Forest Ventures will guide you in accessing climate finance and provide the necessary technical expertise to effectively measure, monitor, and monetize the emission reductions achieved by your project. By developing carbon assets from your initiative, you can unlock an additional revenue stream to support your impactful endeavors.
To be eligible for consideration, projects must meet one of the following essential criteria:
Ecosystem Protection Projects - A minimum requirement of 50,000 hectares of standing forest or an area exceeding 5,000 hectares of carbon-rich ecosystems, such as peatlands or mangroves.
Restoration Projects - Projects must demonstrate the potential to restore a minimum of 50,000 hectares, contributing to the revitalization of crucial ecosystems.
Partner with us and seize this opportunity to make a significant difference while securing the financial resources needed to drive positive change.
When you embark on the journey of building and implementing innovative solutions to tackle climate change, selected projects or partners will gain access to a range of valuable support and resources. These include:
Financing Options: We will assist you in exploring various financing options to ensure your project's financial viability and success.
High-Level Technical Guidance: Our team of experts will provide you with comprehensive technical guidance at every step of the carbon development process, ensuring that you have the knowledge and expertise needed for effective implementation.
Advisory Services: Forest Ventures offers advisory services that cover the entire carbon development process, enabling you to navigate complexities and make informed decisions.
Throughout the project delivery process, you will have the full responsibility, while Forest Ventures will be there to guide you from feasibility assessments to the issuance of verified carbon credits. We prioritize ongoing monitoring to ensure the credibility and long-term impact of your initiatives.
Additionally, we offer the opportunity to join our community of practice, where you can engage with S and other relevant partners. This community provides a platform for project-specific support, knowledge sharing, and learning sessions. We even offer basic training support to all successful applicants, empowering you to further enhance your project's effectiveness.
Choose Forest Ventures to unlock a world of support and resources as you embark on your journey towards climate action and a sustainable future.
Determine the quantity of RECs you need to purchase based on your energy usage and desired level of carbon offsetting.
Verification and Certification
Verify that the RECs are certified and verified by responsible organizations.
Tracking and Reporting
Ensure that you can track and report the environmental and social benefits associated with the purchase of RECs.
What Do We Offer?
This solution is designed for RE asset owners who are looking to monetise their green attributes. Among some of the benefits are:
A seamless and hassle-free transaction process.
Passive revenue stream on top of existing RE investments.
Increasing accessibility of renewable energy.
This option is for companies wishing to comply with ESG reporting while developing a sustainable image. The benefits below apply:
Showcases the company’s commitment to RE and sustainability.
Reduces operational Scope 2 emissions.
Great cost savings without the installation of RE facilities.