Certificate of Carbon Credits and Greenhouse Gas Emission Quotas: Regulations and Provisions

Certificate of carbon credits, greenhouse gas emission quotas is stipulated how? The application for approval of programs or projects under the carbon credit exchange and offset mechanism is stipulated how?Please advise. Thank you.

1. How is the confirmation of carbon credits, greenhouse gas emission quotas regulated?

According to Form No. 02 Annex V issued together with Decree No. 06/2022/ND-CP on the confirmation of carbon credits, greenhouse gas emission quotas as follows:

MINISTRY OF NATURAL RESOURCES AND ENVIRONMENT ------- SOCIALIST REPUBLIC OF VIETNAM
Independence - Freedom - Happiness ------------
No.: .../GXN-BDKH Hanoi, ..., ..., 2022

CONFIRMATION OF CARBON CREDITS, GREENHOUSE GAS EMISSION QUOTAS FOR TRADING

Pursuant to Decree No. .../2022/ND-CP dated ..., ..., 2022 of the Government of Vietnam regulating the reduction of greenhouse gas emissions and the protection of the ozone layer;

Based on the proposal for the confirmation of carbon credits, greenhouse gas emission quotas for trading by ... (name of the enterprise) ... in document No. ... (document number of the enterprise's proposal)...;

The Ministry of Natural Resources and Environment confirms the amount of carbon credits, greenhouse gas emission quotas for trading as follows:

1. Project information

- Carbon credit exchange and offset mechanism applied to the program/project: ... (name of the mechanism)...; (if proposing the confirmation of carbon credits)

- Field of activity of the program/project: ...(name of the field)...;

- Period for receiving carbon credits (or greenhouse gas emission quotas) of the program/project: from .../... to .../...

2. Confirmation

Amount of carbon credits (or greenhouse gas emission quotas) confirmed for trading:...

MINISTER

2. How is the application for approval of the program, project following the carbon credit exchange and offset mechanism regulated?

According to Form No. 03 Annex V issued together with Decree No. 06/2022/ND-CP on the application for approval of the program, project following the carbon credit exchange and offset mechanism is regulated as follows:

NAME OF AGENCY/ORGANIZATION --------- SOCIALIST REPUBLIC OF VIETNAM
Independence - Freedom - Happiness ---------------

APPLICATION FOR APPROVAL OF THE PROGRAM, PROJECT FOLLOWING THE CARBON CREDIT EXCHANGE AND OFFSET MECHANISM

To: The Ministry of Natural Resources and Environment (via the Department of Climate Change)

Name of enterprise: ………………………………………………………………………………….

Name of program/project:……………………………………………………………………………

Address: ……………………………………………………………………………………………….

Telephone: ………………………………………….…Fax:………………………………………..

Email:..........................................................................................................................

We hereby submit the following documents to the Ministry of Natural Resources and Environment:

- Program/project documentation;

- Technical report or evaluation report of the program/project by an independent evaluation agency;

- Certified copy from the original or certified copy of licenses and documents related to the professional activities of the program/project as per current regulations;

We ensure the accuracy of the data and documents in the aforementioned documents. If there are any violations, we take full responsibility before the law of the Socialist Republic of Vietnam.

We request the Ministry of Natural Resources and Environment to review and approve the above-mentioned program/project.

..., ..., 2022


FOR THE AGENCY/ORGANIZATION


(Sign, full name, and stamp)

Respectfully.

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