Renewal of crediting period

The renewal of crediting period of Premium T-VER projects shall be in compliance with the following criteria and conditions.

1) The project operates in accordance with relevant laws and regulations and aligns with the latest version of the Guidelines for Premium Thailand Voluntary Emission Reduction Program (Premium T-VER) that is in effect at the time of the renewal request submission.

2) The project assesses its potential for greenhouse gas reduction or sequestration and utilizes monitoring and reporting methodologies that comply with the T-VER Methodology that is in effect at the time of the renewal request submission.

3) The project has undergone validation by a VVB registered with the Board of Directors of TGO.

4) The Project Design Document (PDD) or T-VER Component Project Activities Design Document (T-VER-CPA-DD) are prepared in accordance with the T-VER Methodology that is in effect at the time of the renewal request submission.

Notice of Intent to Renew Project Crediting Period Form shall be submitted at within 180 days but not less than 60 days before the project's expiration date. The Project Participant shall submit the request for renewal of the crediting period, new Project Design Documents and relevant evidence, as required by TGO to TGO within 1 year from the project’s expiration date. If the specified timeframe has elapsed, it shall be deemed that the Project Participant does not wish to request for renewal of crediting period as indicated in the request submitted.