- Sberbank signed an agreement with the international non-profit organization I-REC Standard Foundation
- The agreement will enable the largest Russian bank to provide support to stakeholders
- Create a fundamentally new and innovative market for Renewable Energy Certificates in Russia
- I-REC certificates allow renewable energy generation companies to sell green attributes of their electricity together with or separately from physical supplies
- Sberbank and I-REC Standard Foundation will join hands to develop a marketplace to sell I-REC certificates in Russia
- As of now, the I-REC register contains 13 companies producing electricity using renewable energy sources in Russia
