Premium T-VER Methodology may be proposed by TGO officials or other entities.
The procedure for approval of a methodology is as follows:
TGO officials or other entities prepare a proposed methodology using the form specified by TGO.
TGO as a secretariat, determines whether the proposed methodology is complete and communicates the result to the methodology proponent within 10 working days from the date of the receipt of the submission.
The proposed methodology that satisfies the completeness check shall be reviewed by external experts. TGO could invite the methodology proponent to answer questions as deemed appropriate. At the same time, TGO makes the proposed methodology publicly available for public comments through the website for 30 calendar days.
TGO may revise the proposed methodology according to the comments from external experts and public.
Subcommittee on Consideration of GHG Mitigation Projects and Activities considers the proposed methodology. In case that the subcommittee does not approve the proposed methodology, TGO may ask the external experts to review the proposed methodology with more input from the methodology proponent. TGO revises the proposed methodology according to the received comments and then propose to the subcommittee for reconsideration.
The approved methodology shall be presented to the Board of Directors of TGO.
TGO notifies the result of the consideration to the methodology proponent.