VCS and Thailand’s Greenhouse Gas Management Organization (TGO) have established a mechanism for linking VCS credits to TGO’s Crown Standard. Effective immediately, projects that meet the requirements of both standards can issue Verified Carbon Units, or VCUs, specially tagged with a Crown Standard label.
The VCS tagging mechanism is already widely used by many carbon projects wishing to issue VCUs tagged with the labels of leading social and biodiversity standards, the Climate, Community & Biodiversity Standards and Social Carbon.
TGO, the government agency that is Thailand’s Designated National Authority under the UN Framework Convention on Climate Change (UNFCCC), is the first public entity to make use of the VCS tagging mechanism.
TGO will host a workshop in Bangkok this Tuesday to introduce the VCS tag and explain its use to local project developers and stakeholders. VCS representative Naomi Swickard will be available at the workshop to answer questions.
- TGO Workshop: 08:30 -14:00, Bangkok
- Tuesday 24 January 2012
- Meeting room 3, 1st floor, Zone B, Queen Sirikit National Convention Center
“We’re delighted that Thai’s TGO has found value in the tagging mechanism,” said VCS CEO David Antonioli. “This is a straightforward way for VCS projects to demonstrate they are meeting additional standards set out in their local context.”
For more information about VCS tags, visit our Linked Programs page.