The GCC Project Verifier EPIC Sustainability Services Private Limited, certifies the following with respect to the GCC Project Activity Kusoturagi Bundled SPP

The Project Owner has correctly described the Project Activity in the Project Submission Form (version 05, dated 07/02/2023) including the applicability of the approved methodology AMS-I.D. Grid-connected renewable electricity generation, version 18.0 and meets the methodology applicability conditions and is expected to achieve the forecasted real, measurable and additional GHG emission reductions, complies with the monitoring methodology, has appropriately conducted local and global stakeholder consultation processes and has calculated emission reductions estimates correctly and conservatively.

The Project Activity is likely to generate GHG emission reductions amounting to the estimated 5,447 TCO₂e/ year, as indicated in the PSF, which are additional to the reductions that are likely to occur in absence of the Project Activity and complies with all applicable GCC rules, including ISO 14064-2 and ISO 14064-3.

The Project Activity is not likely to cause any net-harm to the environment and/or society and complies with the Environmental and Social Safeguards Standard, and is likely to achieve the Environmental No-net-harm Label (E⁺) and Social No-net-harm Label (S⁺)

The Project Activity is likely to contribute to the achievement of United Nations Sustainable Development Goals (SDGs), complies with the Project Sustainability Standard, and contributes to achieving a total of 3 SDGs, with the Silver SDG certification label (SDG⁺)

The Project Activity complies with all the applicable requirements of the GCC Program and ICAO’s requirements on CORSIA Emissions Unit Eligibility Criteria and CORSIA Eligible Emissions Units, as per Clarification No 1., v1.3 paragraph 23-25, and the ACCs expected to be issued during the crediting period is likely to be CORSIA eligible and can be used by International Airlines for offsetting their emissions during all phases of CORSIA and therefore requests GCC Steering Committee to append CORSIA Certification label (C+) to this project.

The Project Activity complies with all the applicable GCC rules and therefore recommends GCC Program to register the Project activity with above mentioned labels.