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CCD-004: Renewable Electricity Investment Funds
Includes products in the following categories: Consumer Products, Electricity Products
Includes products the following product types: renewable electricty investment funds
First Published:
August, 2001
Last Revised: December, 2003
Next Scheduled Review: 2007/2008
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Download the criteria document
Conventional electricity generation consumes substantial amounts of fuels and material resources, and may result in the emission of greenhouse gases, sulphur oxides, particulate matter, nitrogen oxides, heavy metals and other air pollutants. These, in turn, may lead to human health impacts, increased global warming potential, photochemical smog formation, and ozone depletion.
The EcoLogoM Program addresses these challenges by establishing strict requirements for funds that invest in low impact renewable electricity generation. The net environmental benefit will be reduced human health impacts, less potential for smog formation, diminished ozone depletion and reduced global warming potential.
To be authorized to carry the EcoLogoM, renewable electricity investment funds must:
- Consist of unincorporated, open-ended trust established under appropriate laws that invests exclusively in renewable electricity generation facilities; and
- Have a portfolio that, on an annual average basis:
- 60% of the renewable energy generation facilities are certified under the EcoLogoM criteria for “Renewable Low-impact Electricity” (CCD-003); and
- 50% of the total name plate capacity is certified under the EcoLogoM criteria for “Renewable Low-impact Electricity” (CCD-003).
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