As businesses accelerate their decarbonisation efforts, International Renewable Energy Certificates (I-RECs) are emerging as a key tool for verifying renewable electricity use, supporting Scope 2 emissions reporting, and creating new revenue opportunities for renewable energy developers.
With Nigeria playing an increasingly important role in Africa’s growing I-REC market, understanding how these certificates are issued, traded and retired—and the opportunities and regulatory challenges they present—has never been more relevant. In this edition of our newsletter, we explore the mechanics of I-REC trading, its commercial and environmental value, and what it means for Nigeria’s renewable energy market.
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