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Buffer credit

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20 December 2022

“Buffer credits” means the amounts of greenhouse gases from the project, which are certified in accordance with this regulation, from which the Organization deducts and records in the registry system of the Organization with the objective to serve as a security against risk of non-permanency from the implementation of Premium T-VER projects of project type number 13 (except reducing Methane or Nitrous oxidefrom agriculture) and number 14.

Project participant has to prepare the "Non-permanence Risk Report" in which the risk events caused by natural disasters, human and/or other risk factors from monitoring results are assessed.  The project participant shall then deposit the buffer credits into the pooled buffer account as collateral for the risk of non-permanence in the implementation of the project.  The Announcement of the Board of Directors of Thailand Greenhouse Gas Management Organization re: Buffer Credit and Risk Assessment on Carbon Loss from Forestry and Agricultural Project under Premium T-VER Program B.E. 2566 (2023) prescribes the following rules, procedures and conditions.

  • Monitoring and assessment risk of carbon loss from non-permanence of forestry and agricultural projects under Premium T-VER
  • Deposition, releasing, cancelling and holding buffer credits to compensate carbon loss.

Project participant has to assess monitoring results and analyze the internal risk, external risk and natural risk or other risk factors in terms of probability, impact and spatial scale and propose mitigation measures. 

     The Non-permanence Risk Report shall be verified by the Validation and Verification Body (VVB). 

การจัดการเครดิตสำรอง Buffer credit

Total files 8
Total downloads 2450

pdf Announcement of the Board of Directors of TGO Re: Buffer Credit Management and Compensation for the Reversals of Carbon Credits from Forestry and Agricultural Projects under the Premium T-VER B.E. 2568 (2025)
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pdf ประกาศคณะกรรมการ อบก. เรื่อง การจัดการเครดิตสำรอง และการชดเชยปริมาณคาร์บอนเครดิตที่สูญเสียจากโครงการป่าไม้และเกษตรฯ พ.ศ. 2568
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docx Contract to Compensate Reversals of Carbon Credits from the Premium T-VER project in Forestry and Agriculture Sectors (file word)
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pdf Contract to Compensate Reversals of Carbon Credits from the Premium T-VER project in Forestry and Agriculture Sectors
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pdf ประกาศคณะกรรมการ อบก. เรื่อง การจัดการเครดิตสำรอง และการติดตามประเมินความเสี่ยงต่อการสูญเสียคาร์บอนจากโครงการป่าไม้และเกษตร (ฉบับที่ 2)
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pdf Announcement of the Board of Directors of Thailand Greenhouse Gas Management Organization re: buffer credit management and risk assessment of carbon loss from forestry and agricultural projects under Premium T-VER Program (No. 2), B.E. 2567 (2024)
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pdf ประกาศคณะกรรมการ อบก. เรื่อง การจัดการเครดิตสำรอง และการติดตามประเมินความเสี่ยงต่อการสูญเสียคาร์บอนจากโครงการป่าไม้และเกษตร
Download

pdf Announcement of the Board of Directors of Thailand Greenhouse Gas Management Organization re: buffer credit management and risk assessment of carbon loss from forestry and agricultural projects under Premium T-VER Program, B.E. 2566 (2023)
Download

Rules and Conditions

  • Rules for Project Registration and Carbon Credit Issuance
  • Rules for VVB Requirements
  • Buffer Credit
  • Others rules
  • Fee

WHAT IS Premium T-VER?

  • What is Premium T-VER
  • Project administrative structure
  • Project Type
  • Project Size
  • Project Implementation
  • Conditions of Project Development
  • Positive List & Additionality
  • Local Stakeholder Consultation
  • Sustainable Development and Safeguards Assessment
  • Non-permanence Risk
  • Double counting and double use
  • Changes to Registered Project
  • Use of carbon credits
  • Data Disclosures

RELATED RULES AND PROCEDURES

  • Rules for Project Registration and Carbon Credit Issuance
  • Rules for VVB Requirements
  • Buffer Credit
  • Others rules
  • Fee

VVB REGISTRATION

  • What is VVB ?
  • Procedure for VVB Registration
  • Manual for T-VER Validation & Verification
  • List of Registered VVB

METHODOLOGY

  • Sectoral Scope
  • Procedure for Development of Methodology
  • Methodology
    • Renewable energy or fossil fuel replacement
    • Improvement of the efficiency of electricity and heat generation
    • Use of public transportation system
    • Use of electric vehicle
    • Improvement of the efficiency of engine
    • Improvement of the efficiency of energy consumption in building and factory and in household
    • Use of natural refrigerant
    • Use of clinker substitute
    • Solid waste management
    • Domestic wastewater management
    • Methane recovery and utilization
    • Industrial wastewater management
    • Reduction, absorption and removal of greenhouse gases from the forestry and agriculture sectors
    • Capture, storage, and/or utilization of greenhouse gas
    • Other project specified by the Board of Directors of TGO
  • Calculation Tools
    • Forestry and Agriculture Project
    • Energy and Waste management project
  • Data for Calculation

DATABASE AND STATISTICS

  • Single and Bundled Projects
  • Programme of Activities Projects
  • Statistics of Registered Projects
  • Statistics of Carbon Credits Issuance

Project Development Process

  • Procedure for Project Development
  • Procedure for Project Registration
  • Procedure for Carbon Credits Issuance
  • Procedure for Renewal of Crediting Period
  • Procedure for Changes to Registered Project
  • Procedure for Opening an Account
  • Procedure for Carbon Credit Exchange

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