This standard establishes internationally acceptable minimum sustainability principles and requirements that shall be met by energy converting or saving projects for them to be designated as "Green Technology" projects. Also it defines international standards and rules for quantifying the net, eligible, real, measurable, verifiable, and auditable green energy that can be credited to a "Green Technology" project.The standard covers and defines the rules for designation and quantification of electrical energy from "Green Technology" energy converting or saving projects, such as Hydro, Wind, Solar, Geothermal, Bio and Energy Efficiency. To be designated as "Green Technology" the energy project shall meet at least the minimum requirements and comply with the principles of sustainability that are specified in the standard. The standard also defines the rules for quantifying the net green energy from the project.
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