Core values
The AIB is non-political, and only takes a position on political issues that relate to the efficient and effective technical implementation and/or development of agreed European policy.
The AIB will act in support of European and national initiatives concerning energy certificates. It is independent of and coordinates with individual national and regional energy certificate schemes.
The AIB enables energy certificates to be securely transferred between member organisations. In its decision-making processes, the AIB takes into account European legislation as well as the national legislation of members, their capacity and level of certificate activity.
The AIB recovers its costs primarily via its members and in an activity-based manner, while remaining financially solvent. Unless agreed otherwise, AIB does not financially compensate its members for activities done on behalf and/or in the interests of the Association. Project-based funding is sought as appropriate, provided this satisfies agreed criteria. The AIB membership fee structure is such as not to hinder application for membership of AIB.
The AIB, through the European Energy Certificate - EECS - seeks to ensure 11 fundamental core values:
- UNIQUENESS: only one certificate can be created or used for a given purpose regarding a unit of energy, and be the sole proof of the qualities of that energy
- IMMUTABILITY: data on certificates cannot be amended once that certificate has been issued
- OWNERSHIP: accountholders are the legal owners of certificates
- OPERATIONAL RELIABILITY: registries will be reliable and secure and have adequate capacity
- PROTECTION OF ACCOUNT HOLDERS: registries will be operated using accounting practices and safekeeping procedures that protect the certificates held in their accounts
- GOVERNANCE: governance will protect public interest and promote the objectives of stakeholders
- ACCESS AND TRANSPARENCY: participation in certificate markets should be fair and open
- COST EFFECTIVENESS: registries will be operated cost-effectively
- COMMUNICATIONS: transfer of certificates will use appropriate international communication procedures and standards
- REGULATION AND OVERSIGHT: registries will be regulated and overseen transparently and effectively
- RECORDS: records will be retained to support resolution of disputes