TGO and VERRA promote the T-VER mechanism standard to be equivalent to the international standard

TGO and VERRA signed a memorandum of understanding on technical cooperation to promote the T-VER mechanism harmonize with international practice and work together to develop a collaborative knowledge exchange on the Verified Carbon Standard (VCS) mechanism, which is an international voluntary greenhouse gas reduction mechanism.

Activities to be taken under the cooperation:

• Organizing seminars and workshops or other events hosted by VERRA experts to provide knowledge of the carbon market and VCS requirements.

• Supporting information about the VCS mechanism and its greenhouse gas reduction methodology

The cooperation between TGO and VERRA will help to ensure that the standard of the T-VER project is harmonize and equivalent to international standard and make the T-VER project help support Thailand to achieve the NDC goal and make carbon credits of T-VER project to be more widely accepted by both domestic and international buyers.

Source:

TGO: http://www.tgo.or.th/2020/index.php/th/post/tgo-ร่วมกับ-verra-ส่งเสริมมาตรฐานกลไก-t-ver-ให้เทียบเท่ากับมาตรฐานสากล-586

VERRA: https://verra.org/tgo-and-verra-sign-mou-to-support-voluntary-emission-reduction-program/