The Participant declares that information provided for signing this agreement in accordance with the Program Guidelines is true and accurate, to the best of the Participant’s knowledge. The Participant acknowledges that if any of the information is found to be materially false or misleading, the Ministry may unilaterally terminate this agreement without penalty.
Context of this Clause
Participation agreement for a national REDD+ program
Ecosystem service: forest carbon emissions reduction credits or conservation/restoration services expected to yield forest carbon emissions reduction or removal
Single seller signing a government-provided form contract (which is backed up by detailed program guidelines) with a representative of the government ministry that administers the REDD+ program
Disclaimer: Materials on this site are meant to highlight issues that should be considered in PES transactions, not to provide a substitute for experienced legal counsel. It will be essential to engage legal counsel in conjunction with any PES transaction to ensure that any agreements reflect the latest developments in the field and comply with current local and national legislation.
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Institute, Enterprise Works/VITA, Forest Trends and The Land Tenure Center. The contents are the responsibility of the
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PES Contract Toolkit
