Green Letter Of Credit Template for United Arab Emirates

1. Transferability Clause: Include when the LC needs to be transferable to another beneficiary

2. Revolving Terms: Include for renewable/revolving green LCs

3. Islamic Banking Compliance: Include when the LC needs to comply with Shariah principles

4. Carbon Offset Requirements: Include when specific carbon offset documentation is required

5. Green Certification Authority: Include when a specific authority needs to verify green credentials

6. Sustainability Reporting Requirements: Include when ongoing sustainability reporting is required

7. Force Majeure for Environmental Events: Include when specific environmental risks need to be addressed

1. Schedule A - Environmental Standards: Detailed list of required environmental standards and certifications

2. Schedule B - Required Documentation: Comprehensive list of required documents including format and content requirements

3. Schedule C - Green Project Specifications: Detailed technical specifications of the green project or sustainable goods

4. Appendix 1 - Verification Checklist: Checklist for environmental compliance verification

5. Appendix 2 - Approved Certifying Bodies: List of approved environmental certification authorities

6. Appendix 3 - Reporting Templates: Standard templates for environmental compliance reporting

7. Appendix 4 - Testing Standards: Specific standards for testing and verification of green criteria