Procedure for Renewal of Crediting Period

Renewal of crediting period

      The requests for renewal of the crediting period of registered PremiumT-VER project shall be submitted at least 180 days before the project's expiration date.  The expected amount of GHG emission reductions stated in the registered Project Design Document (PDD) shall be recalculated according to the latest version of the applied methodology in order to reflect the actual situation at the time of renewal. 

The revised PDD shall be validated by a VVB.  The crediting period for each Component Project Activities (CPA) is based on the type of project activity.