Why this matters
A company operating in Egypt cannot choose which electrons it draws from the national grid — it draws a blend of everything feeding that grid, renewable and fossil alike. Under the GHG Protocol, that blended, grid-average carbon intensity is what the location-based method assigns to a company's Scope 2 emissions. Because a large share of Egypt's generation is fossil-fuel-based, that default figure is high.
The GHG Protocol's market-based method offers an alternative: a company can instead report the emissions factor of the specific renewable generation it has purchased and retired a claim to — provided that claim is backed by a credible, registry-tracked instrument. That is exactly the role I-RECs play, and it is why buying and retiring them is one of the most direct levers a company operating in Egypt has for reducing its reported Scope 2 footprint, ahead of commitments like RE100's 100% renewable energy target or a science-based target under SBTi.
What is the I-REC Standard?
The International REC Standard (I-REC Standard) is a global system for tracking the environmental attributes of renewable electricity, operating in more than 45 countries. For every megawatt-hour of renewable electricity a registered generator produces and injects into the grid, one I-REC certificate is issued into a central, auditable registry. Buying and retiring that certificate transfers the exclusive claim to that megawatt-hour's renewable attribute to the buyer — the same underlying logic as Guarantees of Origin in Europe or Renewable Energy Certificates in North America, applied to markets like Egypt where no domestic equivalent previously existed. The I-REC Standard is recognized by the GHG Protocol, CDP and RE100 as a credible basis for Scope 2 claims.
In Egypt, the accredited I-REC(E) Issuer is the Green Certificate Company (GCC), which registers eligible solar and wind generation devices and issues certificates against their verified output.
We handle sourcing, registry setup and retirement end to end.
Contact Ecosolis & Beyond and we take it from there — sourcing certificates through Ecovera, managing the registry account, and delivering retired certificates ready for your Scope 2 reporting.
Ecosolis & Beyond in the I-REC market
I-RECs sit inside our Carbon & Climate Solutions line, where we run the full chain from carbon baselining through to monetizing verified environmental attributes. On the market side, that means Ecovera, our environmental attribute trading platform, connecting corporate buyers directly with I-REC-issuing producers across Egypt and the wider region — rather than treating certificate sourcing as a one-off transaction.
We were also an early mover on Egypt's regulated carbon market infrastructure, the EGCX, positioning clients ahead of FRA Decision No. 36 of 2026 compliance deadlines.
FAQ
How can I buy Egyptian I-RECs?
Registry account, sourcing and Ecovera.
Egyptian I-RECs are purchased through a registered I-REC Standard account, sourced directly from Egyptian renewable generators or via a trading platform such as Ecovera, which connects corporate buyers with I-REC-issuing producers in Egypt. Ecosolis & Beyond manages procurement strategy, registry account setup, and the transfer and retirement of certificates on the buyer's behalf.
Why buy I-RECs from Egypt specifically?
Local grid match for Scope 2 and RE100.
Egypt's grid draws heavily on fossil generation, so electricity consumed there carries a high default emissions factor under the GHG Protocol's location-based method. I-RECs let a buyer apply the market-based method instead — retiring certificates matched to Egyptian renewable generation to support Scope 2 reporting and commitments such as RE100.
Who issues I-RECs in Egypt?
The Green Certificate Company (GCC).
The Green Certificate Company (GCC) is the accredited I-REC(E) Issuer for Egypt under the International REC Standard Foundation, registering eligible solar and wind generation devices and issuing certificates against verified output.
What does it cost to buy Egyptian I-RECs?
Market-driven pricing.
I-REC pricing varies by vintage, technology and volume and is set by market supply and demand rather than a fixed rate. Ecosolis & Beyond provides current market intelligence and sourcing support through Ecovera to help buyers secure competitive pricing.
What is the I-REC Standard?
The global certification behind the certificate.
The International REC Standard (I-REC Standard) is a globally recognized system for tracking and certifying renewable electricity generation, operating in more than 45 countries. Each certificate represents one megawatt-hour of renewable electricity generated and injected into the grid, and the system is recognized by the GHG Protocol, CDP and RE100 as a credible basis for Scope 2 claims — functioning much like Guarantees of Origin in Europe or Renewable Energy Certificates in North America.
How long does I-REC issuance and transfer take?
From registry account to retirement.
Once a buyer has a registered I-REC Standard account, certificate transfer and retirement between accounts is typically fast — the registry itself processes transfers in a matter of days. The longer lead time is usually on the sourcing side: matching buyer volume, technology and vintage preferences to available supply from Egyptian generators.
Do you support I-REC buyers outside Egypt?
Middle East and Africa coverage.
Yes. Alongside Egypt, Ecosolis & Beyond supports I-REC sourcing and procurement for corporate buyers across the Middle East and Africa — see our dedicated guidance for Morocco, Saudi Arabia and Oman.
I-RECs in other markets
Ecosolis & Beyond also supports I-REC purchasing beyond Egypt. Explore market-specific guidance: