AIB board lifts suspension of exports of Icelandic GOs


The board of the Association of Issuing Bodies (AIB) decided today to lift the suspension of exports of Icelandic guarantees of origin (GOs) out of the registry of Landsnet, from 2 June onwards.

The matter will however continue to be investigated over the next four months as “Landsnet is asked to provide AIB with a report on the issues identified and the actions taken to remediate any non-compliance regarding the issuance of guarantees of origin in Iceland.”

Tinna Traustadóttir, Executive VP of Sales and Services of Landsvirkjun says that the board has reached a fair decision: “Landsvirkjun welcomes the fact that the export ban has been lifted and the uncertainty has therefore been removed. The company's sales and marketing of guarantees of origin are in accordance with the relevant rules and best practices.“