TIST definition

TIST is the International Small Group and Tree Planting Program of which the Small Group is a member and CAAC is the partner that manages the sale of Carbon Credits. TIST is a sustainable development project that relies on tree planting. TIST Uganda is the TIST program in Uganda. Greenhouse gases, such as carbon dioxide (“CO2”), need to be removed from the air to protect the Earth’s climate. Trees remove CO2 from the air as they grow. The bigger they grow, the more CO2 they remove. Sustainable agricultural practices also remove CO2 from the air and hold it in the soil. The CO2 held in the trees and soil may generate value as Certified Emissions Reductions (“CERs”) and/or Verified Emissions Reductions (“VERs”). In addition, efficient-energy cooking stoves or other efficient energy sources cause a net reduction in the CO2 in the air. These net reductions in the CO2 in the air may also have value as CERs or VERs. Collectively, the potential CERs or VERs are referred to herein as “Carbon Credits”. The TIST Small Group and TIST Program Staff desire to help achieve the national goals of Uganda for the environment, forestry, land use, sustainable agriculture, improved livelihoods, disease reduction (including HIV/AIDS), and sustainable development. In addition, the TIST Small Group and TIST Program Staff seek to help local areas achieve their Millennium Goals. The Small Group and the TIST Program Staff will abide by each and every law and regulation that applies to their activities, and will reasonably cooperate with local, district and national authorities whenever requested or required. At all times each member of the Small Group will exhibit the TIST values of voluntary action; honesty, accuracy, accountability; doing the work; and achieving a low budget. The terms of this Agreement are:
View Source

Examples of TIST in a sentence

  • The Small Group’s pro-rata share shall be defined as its total accumulated carbon stock divided by the total accumulated carbon stock quantified in TIST Uganda.

  • Notify CAAC when Small Group members move or leave land where TIST trees are planted.

  • The new EIC ACM Transactions on Intelligent Systems and Technology (TIST) welcomes ▇▇▇▇ ▇▇▇ as its new Managing Director for August 1, 2021 to July 31, 2024.

  • Not cut down the trees, except when implementing best practices for agro-forestry developed by TIST or recommended in writing from their local government authority.

  • The Small Group member signing this agreement who is responsible for a plot of land or grove of trees listed on Exhibit A represents that he/she owns the land under a legally recognized form of tenure or has rights recognized at law, whether customary, contract or otherwise, to put the land to the uses described in this agreement, including the planting of trees and the transfer of rights to the Carbon Credits that may be generated through the TIST Program.

  • For CAAC: ______________________ ______________________ _____________ Signature Print Name Date For Small Groups: By our individual and collective signatures, we, the members of the TIST Small Group known as _____________________________, hereby individually and collectively agree to be bound by the terms of this agreement.

  • Facilitate the Small Group’s efforts to establish bank accounts or other convenient and secure methods of receiving the TIST payments.

  • Implement the best practices developed by TIST, including best practices for quantification, tree planting, energy efficiency, and conservation farming.

  • The Small Group’s pro-rata share shall be defined as their annual accumulated carbon stock divided by the total annual carbon stock quantified in TIST Uganda.

  • New ▇▇▇▇▇▇ or farm plots containing trees planted subject to this agreement established after the execution of this agreement will also be added to Exhibit A by the TIST Program Staff and the Small Group to be included under this agreement.