Fiscal Incentives for Increased Use of Renewable Energy within the Electricity Generation Law (Law No.462)
The Law also exempts investors from any sort of tax on revenues directly generated from activities related to Emission Trading Schemes (ETS), subject to a certification issued by the government.
One of the eligibility criteria to apply for these tax exemptions is compliance with certification and registration norms of the Clean Development Mechanism, under the framework of the Kyoto Protocol. Breaches of law are subject to penalty.
The Law defines institutional competences over implementation and compliance.