Sustainability Criteria. 4.6 The Sustainability Criteria do not apply to this Contract for Difference.
Sustainability Criteria. 4.6 The Sustainability Criteria do not apply to this Contract for Difference. Intermittent Dual Scheme Facility
Sustainability Criteria. All Biomass provided by Seller to Buyer under this Agreement shall be certified to comply with the sustainability requirements and standards of the Sustainable Biomass Partnership (SBP), GGL Certification and Laborelec-SGS Solid Biomass Sustainability schemes. Additionally, all fiber sources and raw materials for Biomass must be harvested responsibly so as to be certified under SFI Fiber Sourcing certification standards. Seller is restricted from using materials sourced from land with high biodiversity value or high carbon stock – including primary forest, peatland, and protected wetlands. In addition, Seller must be able to prove greenhouse gas emissions savings as compared to fossil fuels of at least 70% as of the date of this agreement to March 31, 2020, and 72% from April 1, 2020 to March 31, 2025. Any solid biomass binder that exceeds 2% or any bioliquid binder of any amount must also meet sustainability requirements as outlined in Article 17 – “Sustainability criteria for biofuels and bioliquids” - of the EU Renewable Energy Directive 2009/28/EC dated 23 April 2009 (RED); and with the sustainability criteria for the use of biomass feedstocks under the United Kingdom Renewables Obligation in accordance with the Department of Energy and Climate Change’s publication dated 22 August 2013 and entitled “Government Response to the consultation on proposals to enhance the sustainability criteria for the use of biomass feedstocks under the Renewables Obligation” and the “Renewables Obligation (Amendment) Order 2014” published on 10 February 2014 coming into force on 1st April 2014. Buyer reserves the right to require additional forest management certifications such as the Sustainable Forestry Initiative (SFI), The Forest Stewardship Council (FSC), and The Programme for the Endorsement of Forest Certification (PEFC) Chain of Custody certifications or country or customer-specific sustainability requirements as needed. Buyer agrees to provide guidance to Seller regarding the above requirements and during the certification process(es) and to serve as a liaison between Seller and the certification agencies. Seller shall pay all third-party costs associated with all certifications referenced above and all other certifications reasonably requested by Buyer (including all costs of inspections, fees paid to certifying organizations, testing or auditing costs, or membership costs). Seller shall deliver copies of all certifications and reports to Buyer. Specific terms a...
Sustainability Criteria. 4.8 The Sustainability Criteria [do]/[do not]20 apply to this Contract for Difference. [Baseload]/[Intermittent] Dual Scheme Facility
Sustainability Criteria. Under the second and subsequent tranches of the Investment Program, no subproject should be approved in any participating TMA funded under the preceding loan tranche unless the subject TMA has increased the tariffs to customers receiving improved services under the preceding tranche(s). The tariff increase will be to appropriate levels, taking into consideration general willingness-to-pay survey(s) from reputed firm(s) acceptable to ADB, and the real cost of delivering the improved service as assessed by the Independent Verifier.
