In renewable energy, trust fund: the division under the FS of the DOE, which formulates policies, plans and programs related to the compliance of energy resource developers and/or power producer on the granting of benefit to the concerned local government units and ensures effective implementation thereof in accordance with government rules and regulations, monitors the DOE-administered energy funds as well as the utilization thereof [Section 2(v), DOE Department Circular No. DC2022-06-0018, Adopting the Guidelines and Procedures in the Fund Sourcing, Accounting, and Audit of Renewable Energy Trust Fund Pursuant to Section 28 of the Renewable Energy Act of 2008, otherwise known as Adopting the Guidelines and Procedures in the Fund Sourcing, Accounting, and Audit of the Renewable Energy Trust Fund or RETF Guidelines]
