Siam Cement Biomass Project

Registry Record

Registry

Verra

Project ID

VCS403

Country

Thailand

Category

Fuel Switching

Methodology

acm0003

Status

Not stated

Credits Issued

4,023,906 tCO₂e

Credits Retired

3,896,708 tCO₂e

Data as of

1 June 2026

Issuance and retirement by vintage

Issued Retired
Issuance and retirement by vintageVintages 2006 to 2017: 4,023,906 tonnes issued and 3,896,708 retired.0250k500k750k1M2006 issued: 529,815 tonnes2006 retired: 477,711 tonnes20062007 issued: 725,948 tonnes2007 retired: 715,229 tonnes20072008 issued: 581,496 tonnes2008 retired: 581,488 tonnes20082009 issued: 544,097 tonnes2009 retired: 542,373 tonnes20092010 issued: 233,617 tonnes2010 retired: 233,617 tonnes20102011 issued: 205,771 tonnes2011 retired: 205,522 tonnes20112012 issued: 256,664 tonnes2012 retired: 255,723 tonnes20122013 issued: 184,397 tonnes2013 retired: 183,718 tonnes20132014 issued: 295,452 tonnes2014 retired: 262,153 tonnes20142015 issued: 209,651 tonnes2015 retired: 209,651 tonnes20152016 issued: 168,234 tonnes2016 retired: 168,234 tonnes20162017 issued: 88,764 tonnes2017 retired: 61,289 tonnes2017
VintageIssued (tCO₂e)Retired (tCO₂e)
201788,76461,289
2016168,234168,234
2015209,651209,651
2014295,452262,153
2013184,397183,718
2012256,664255,723
2011205,771205,522
2010233,617233,617
2009544,097542,373
2008581,496581,488
2007725,948715,229
2006529,815477,711

Source: Registry records · Data as of 1 June 2026

Credit Passport in detail

ICVCM quality status

No ICVCM decision on this methodology yet.

  • Programme: Verified Carbon Standard, CCP-eligible since May 2024.

The CCP label is applied to credits by the registry, issuance by issuance. An approved methodology means credits from this project can be eligible; it does not mean every credit carries the label.

Source: ICVCM assessment decisions · Decisions read 19 September 2026

What this layer checks

CORSIA screen

A screen against published ICAO criteria, not an eligibility determination.

First phase, 2024 to 2026

  • ProgrammePassesVerified Carbon Standard is approved by ICAO for 2024 to 2026.
  • DatesDoes not passCredits were issued for vintage 2006, so crediting began before 1 January 2016.
  • Host country authorisationCannot be confirmed from available dataAuthorisation is granted per activity. This screen cannot confirm whether this project holds a Letter of Authorization.

Second phase, 2027 to 2029

  • ProgrammePassesVerified Carbon Standard is approved by ICAO for 2027 to 2029.
  • DatesDoes not passCredits were issued for vintage 2006, so crediting began before 1 January 2016.

Programme-specific exclusions were not assessed. Host country context is under Article 6 below.

Source: ICAO eligibility decisions and registry records · Criteria verified 25 September 2026

What this layer checks

Thailand and Article 6

Bilateral agreements
3
Authority for the Paris Agreement Crediting Mechanism
Appointed
Participation requirements for the Mechanism
Published
Cooperative approaches
2
Article 6.2 activities
36
ITMOs transferred or received
52,642
Crediting Mechanism activities approved by the host
19
Crediting Mechanism activities registered
0

This is country-level context. It does not show whether this project is authorised.

Source: UN Article 6 tracking · Data as of 4 September 2026

What this layer checks

Recorded buyers

Organisations named in registry retirement records. Many retirements name no beneficiary, so this list is partial.

23.6% of retired tonnes name an organisation as beneficiary.

OrganisationTonnes retiredLatest year
Barclays Bank310,5682011
Qantas223,7542021
Chevron103,7382017
Terpel92,2432017
Interface65,0002019
Städtische Werke59,2882020
The University of Melbourne19,5002021
Österreichische Post16,0002016
Qantas Airways12,9432020
Biomax9,7332017

The 10 largest of 13 organisations named.

Retired credits from this project? See what a company can still say about them under the EU green claims rules.

Source: Registry records · Data as of 1 June 2026

What this layer checks

Siam Cement Biomass Project is registered with Verra under the acm0003 protocol, located in Thailand. As of 1 June 2026, registry records show 4,023,906 tonnes issued and 3,896,708 tonnes retired. This reflects registry-reported figures, not an independent quality assessment.

Related

Questions about this project

How many credits has Siam Cement Biomass Project issued?

4,023,906 tonnes of credits have been issued and 3,896,708 retired, according to registry records as of 1 June 2026.

What is the ICVCM status of this project's methodology?

No ICVCM decision on this methodology yet. The CCP label is applied to credits by the registry, issuance by issuance.

Which organisations have retired credits from Siam Cement Biomass Project?

Registry records name 13 organisations, including Barclays Bank, Qantas, Chevron. Many retirements name no beneficiary.

Registry data as of June 1, 2026