Certificate Issuance is an annual process triggered by the submission of annual reports.
Each Plan Vivo project has its own annual cycle for recruiting producers, implementing activities (e.g. planting during the wet season), monitoring and payments based on its geography, type of activities and work schedule. Each project therefore defines its own annual reporting schedule which determines when Certificates are issued each year.
Plan Vivo Certificates are issued into the Markit Environmental Registry, a service that enables buyers to manage their environmental credits and ensures against double-selling by giving each credit a unique serial number.
Purchasers of Plan Vivo Certificates that wish to resell or further manage their Plan Vivo Certificates can do so by opening an account in the Registry for free (join the registry), specifying that a Plan Vivo account only is required. Purchasers not wishing to further manage or resell Plan Vivo Certificates (purchasing to ‘retire’) do not need to open an account, and will have their credits retired in their name in the registry, in the relevant project’s account.