The International Swaps and Derivatives Association
(ISDA) is launching and publishing the ISDA U.S.
Renewable Energy Certificate Annex (REC Annex),
which is designed to serve as an industry standard template to
enable market participants to efficiently sell and purchase
renewable energy certificates (RECs) under the
ISDA Master Agreement. The REC Annex is part of ISDA's broader
efforts to facilitate the transition to a sustainable economy by
offering a vital tool to help market participants mobilize
financing and/or meet their environmental, social, and governance
(ESG) goals. Jones Day advised on and prepared the
REC Annex as ISDA's counsel.
The Commentary and Annotated ISDA REC Annex discusses the
purpose and benefits of the REC Annex and provides an annotated
version of the REC Annex with explanatory footnotes to further
guide market participants on select provisions in using the REC
Annex.
Read the Commentary and Annotated ISDA REC Annex
See ISDA's interview with Dickson Chin, Partner
in the Firm's New York Office, discussing the REC
Annex
See the REC Annex
The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.
