KBS Certification Services Ltd. has been contracted by Cengiz Enerji Sanayi ve Ticaret A.Ş. to undertake the independent project verification of the GCC project activity which is Fener Wind Power Project. The GCC Project Verifier, KBS Certification Services Ltd., has verified and certified that Fener Wind Power Project

a)     has correctly described the Project Activity in the PSF version 04 and dated 22/08/2023 including the applicability of the approved methodology AMS I.D. Version 18.0 and meets the methodology applicability conditions, is additional and is expected to achieve the forecasted real and additional GHG emission reductions, complies with the monitoring methodology, has appropriately conducted local and global stakeholder consultation processes and has calculated emission reduction estimates correctly and conservatively;

b)     is likely to generate GHG emission reductions amounting to the estimated 12,734 tCO₂e annual average, 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, and therefore requests the GCC Program to register the Project Activity;

c)     is not likely to cause any net-harm to the environment and/or society and complies with the Environmental and Social Safeguards Standard Version 3.0, and therefore requests the GCC Program to register the Project Activity, which is likely to achieve the requirements of the Environmental No-net-harm Label (E+) and the Social No-net-harm Label (S+);

d)     is likely to contribute to the achievement of United Nations Sustainability Development Goals (SDGs), comply with the Project Sustainability Standard Version 3.1, and contribute to achieving a total of 3 SDGs, which is likely to achieve the Silver SDG certification label (SDG+); and

e)     is eligible for CORSIA Label (C+) certification.