Premium T-VER project registration
In order to request for registration, the project participants shall prepare all required documents correctly and completely. The Project Design Document (PDD) shall be validated by a Validation and Verification Body (VVB). The project participants shall receive a validation report from the VVB. In addition, the project participants shall prepare the SD & Safeguards Assessment Report which shall be reviewed by TGO. The final version of the PDD and SD & Safeguards Assessment Report shall be used for requesting for Premium T-VER project registration.
The Premium T-VER registration process is details are as follows:
- The project participants examineeligibility of project activities according to the Premium T-VER project type and project registration criteria.
- The project participants submit a “Modality of communication (MoC)” to TGO informing their intention to develop Premium T-VER projects.
- The project participants have completed a local stakeholder consultation process in accordance with the guideline set by TGO.
- The project participants prepare a draft Project Design Document (PDD), and a draft SD & Safeguards Assessment Report.
- The project participants submit a draft PDD anda SD & Safeguards Assessment Report to TGO and pay the registration fee.
- TGO publishes received documents in item 5) on the TGO website for 30 calendar days for public comments.
- The Validation and Verification Bodies (VVB) use the comments received to perform validation of the draft PDD and send the validation report to the project participants.
- TGO uses the received comments to review the SD & Safeguards Assessment Report, and asks the project participants to revise the report (if any).
- The project participants submit a requestfor registration and all required documents to TGO.
- Upon receiving the registration request, TGO conducts a completeness check and notifies the project participants of the result within 15 working days after the date on which the secretariat found the incompleteness,incorrect or non-compliance documents and data. The project participants shall revise and re-submit thedocuments and evidence within 15 working days from the date of the receipt of the notification from TGO. The re-submission date on which the documents and evidences are deemed complete is recognized as the date of receipt of the request. In case that the project participants do not re-submit documents and evidences before the deadline/designated date, TGO has rights to revoke the registration request and return the project documents to the project participants.
- TGO reviews the correctness of the documents and the materiality of the project by considering whether it complies with the Premium T-VER project registration criteria. TGO may notify the project participants to correct the documents orsend additional information.TGO may conduct an on-site visit as deemed necessary. If the request for registration meet the requirements of the completeness check, TGO proposes the project to the Subcommittee on Consideration of GHG Mitigation Projects and Activities within 30 working days of receipt of the request. If the subcommittee agrees, the project will be proposed to the Board of Directors of TGO for approval.
- The Board of Directors of TGO shall make a decision on the request within 60 working days of receipt of the request. The meeting date is recognized as the project registration date.
- TGO notifies the project participants of the registration and informs them to open an account in the registry system.
Processing and consideration of request for registration shall be in accordance with the regulations set by TGO.