Examples of Mitigation Outcome Purchase Agreement in a sentence
The Parties acknowledge and agree that in order to avoid double counting of Mitigation Outcomes transferred as ITMOs, the negotiation of a Framework Agreement for bilateral collaboration and/or any Mitigation Outcome Purchase Agreement developed pursuant to this Framework Agreement will include provisions requiring the Parties to apply Corresponding Adjustments.
In the event that cooperation results in the execution of a Mitigation Outcome Purchase Agreement, Sweden intends to acquire and reserve the right to use the ITMOs generated through this cooperation for compliance with its national targets and/or to be cancelled.
Here we zoom in on the pilot engagement of the Climate Cent Foundation and KliK Foundation in Peru to support the roll out of energy efficient cookstoves by Tuki Wasi.10 The engagement consists of two separate contracts with Microsol S.A.S, a French company with subsidiaries in Peru: a Commercial Agreement and a Mitigation Outcome Purchase Agreement (MOPA).
The Parties acknowledge and agree that in order to avoid double counting of Mitigation Outcomes transferred as ITMOs, the negotiation of a Framework Agreement for bilateral collaboration and/or any Mitigation Outcome Purchase Agreement developed pursuant to this cooperation will include provisions requiring the Parties to apply Corresponding Adjustments in accordance with Article 6 of the Paris Agreement.
In the event that cooperation results in the execution of a Mitigation Outcome Purchase Agreement, Sweden intends to acquire ITMOs generated in accordance with the Paris Agreement Rules and reserves the right to use the ITMOs generated through this cooperation for compliance with its national targets and/or to have the ITMOs cancelled.
In case there is a buyer that does not wish to subscribe to the green bond but is interested in buying mitigation outcomes, a bilateral Mitigation Outcome Purchase Agreement (MOPA) may be entered into between the host country and the buyer.
This transaction structure would be agreed in a dedicated Mitigation Outcome Purchase Agreement (MOPA).
In relation to the sustainability of the operation of the Activity beyond the beyond the term of the Mitigation Outcome Purchase Agreement (MOPA) with the KliK Foundation (i.e. after 2030), the period of the assessment for the additionality analyses in Annex 1 part A2, is taken as 14 years in line with the expected operational lifetime of the equipment (i.e. e-buses) of the Activity.
The indications of the ticket size refer to million metric tons of delivered mitigation outcomes (i.e. emission reductions) over the term of the Mitigation Outcome Purchase Agreement (MOPA).